which of the following is the modern means of communication
- A. grape vine
- B. email
- C. whistles
- D. town crier
The provision of scholarship by a firm to needy students is part of its?
- A. political responsibility
- B. economic responsibility
- C. social responsibility
- D. legal reponsibility
The provision of scholarship by a firm to needy students is part of its?
- A. political responsibility
- B. economic responsibility
- C. social responsibility
- D. legal responsibility
a transfer of authority from a superior officer to his subordinate in an organisation is?
- A. controlling
- B. decentralization
- C. delegation
- D. directing
an advantage of privatizing a firm is that it?
- A. becomes more efficient
- B. sells goods at low prices
- C. employs more workers
- D. attracts more customers
Activities undertaken to creat awareness of a product by giving out samples or gifts is?
- A. marketing mix
- B. marketing concepts
- C. window display
- D. sales promotion
which of the following functions is not performed by the export promption council
- A. prevention of importation of harmful goods
- B. provision of credit facilities to exporters
- C. provision of technical advice to exporters
- D. creation of export free zones
a bank draft is a cheque drawn by a bank on?
- A. another bank
- B. itself
- C. creditors
- D. customers' deposits
A government legislation which ensures that quality goods and services are available to customers is?
- A. hire purchase act
- B. copyright act
- C. price control act
- D. standard organisation act
An advertisement method whose objective is to convince customers to buy a product is?
- A. informative advertisement
- B. persuasive advertising
- C. competitive advertising
- D. mass advertisement
commercial agents who are authorized to keep goods untill they are sold are?
- A. factors
- B. distributors
- C. brokers
- D. auctioneers
A shipping document detailing the charges for carrying a particular cargo for a specified voyage is?
- A. dock warrant
- B. freight note
- C. bill of lading
- D. mate's receipt
A method of buying in anticipation of price fluctuation in the commodity market is?
- A. speculation
- B. arbitrage
- C. contango
- D. hedging
which of the following is not a component of the marketing mix
- A. price
- B. place
- C. population
- D. product
An individual employed to act on behalf of another within a specified guideline is?
- A. a jobber
- B. an agent
- C. a broker
- D. a distributor
A contract terminated by the occurence of an event which makes performance impossible is discharged by?
- A. breach
- B. agreement
- C. frustration
- D. performance
A cheap means of carrying bulky goods over long distance is by?
- A. rail
- B. road
- C. air
- D. pipeline
informative advertisig is aimed at?
- A. giving advice on the use of a product
- B. influencing customers to buy a product
- C. giving gifts to attract customers
- D. encouraging specific customers to buy a product
A document of title to goods written by the ship owner specifying that certain goods are being conveyed in the ship is the?
- A. bill of sale
- B. bill of sight
- C. bill of entry
- D. bill of lading
The functions of money do not include
- A. store of value
- B. medium of exchange
- C. double coincidence of wants
- D. means of deferred payment