which of the following person is a part of a business internal environment
- A. employee
- B. supplier
- C. creditor
- D. customer
one objective of the European Union is to?
- A. fight the guilty nations in time of war
- B. eliminate drug addiction among member countries
- C. eliminate all tariffs and quotas among member countries
- D. fight against child abuse in member countries
specializing in the sale of one line of goods is the main feature of?
- A. supermarkets
- B. chain stores
- C. mail order firm
- D. mobile shops
the value at which one country obtains another country’s currency is?
- A. terms of trade
- B. exchange rate
- C. bank rate
- D. terms of payment
goods become the property of the buyer on the transfer of liability and possession without immediate payment under the?
- A. hire purchase agreement
- B. credit sales agreement
- C. auction sales agreement
- D. conditional sales agreement
the component of marketing mix that is put in a consumable form to satisfy the consumer is
- A. product
- B. promotion
- C. price
- D. place
which of the following is a concept of marketing
- A. branding
- B. planning
- C. organizing
- D. manufacturing
Regarding the consumer as the king who must be satisfied, the main emphasis is of?
- A. marketing research
- B. marketing concept
- C. consumerism
- D. advertising
the production of goods in anticipation for demand is made possible by?
- A. packaging
- B. warehousing
- C. advertising
- D. branding
which of the following is a verbal means of communication
- A. telex
- B. express mail
- C. business reply service
- D. telephone
the document issued by a warehouse keeper for goods taken into the store is?
- A. mate receipt
- B. bill of sight
- C. ship manifest
- D. dock warrant
The fees charged on postal oder by the post office is?
- A. interest
- B. brokerage
- C. poundage
- D. premium
which of the following functions is not performed by trade association?
- A. research and development
- B. standardization of product
- C. credit facilities
- D. technical information
the size of an enterprise is determined by?
- A. number of customers of the enterprise
- B. length of the time the firm has been in operation
- C. amount of capital invested
- D. type of work done
An agreement that is enforceable in law is?
- A. a contract
- B. an offer
- C. an acceptance
- D. a consideration
An insurance broker is involved in?
- A. industrial occupation
- B. distributive occupation
- C. commercial occupation
- D. constructive occupation
An organisation formed mainly by traders and manufacturers to cater for interest for interest of members is?
- A. trade union
- B. co-operative society
- C. trade association
- D. chamber of commerce
A document that contains the relationship between the company and outsiders is?
- A. certificate of incorporation
- B. memorandum of association
- C. article of association
- D. certificate of trading
A partnership is dissolved due to?
- A. liquidity of the firm
- B. death of the employee
- C. insanity of partner
- D. resignation of an employee
the water corporation is an example of a?
- A. cooperative
- B. public enterprise
- C. private enterprise
- D. limited company
The business unit that applies the principle of one man one vote is?
- A. sole proprietorship
- B. partnership
- C. co-operative society
- D. public company