State and explain any five classes of shares a public limited company can issue.
Explain the following ;
(i) marketing concept
(ii) marketing mix
(iii) market segmentation
(iv) product differentiation
(a) Mention and explain five ways by which the Central Bank regulates the activities of commercial banks.
(b) State five factors which a bank manager considers in granting loans to customers.
Give five aims for establishing each of the following:
(a) Economic Community of West African States (ECOWAS).
(b) International Monetary Fund (IMF).
(a) Explain to a group of Sole Proprietors who wish to form a partnership any seven problems they are likely to face.
(b) State three conditions suitable for the formation of partnership business.
Explain five factors that adversely affect the growth of commerce in West Africa.
(a) Explain five features of itinerant trading.
(b) State five features of a supermarket.
(a) Give six reasons why manufacturers pre-package their products.
(b) State any four disadvantages of pre-packaging.
(a) Explain five reasons why tariffs are imposed on imports.
(b) State five functions performed by the customs authority.
(a) State the difference between industry and commerce.
(b) Mention and explain five types of commercial occupations and three types of industrial occupations.
(a) List and describe four insurance policies available to a ship owner.
(b) Distinguish between indemnity and non-indemnity insurance and give two examples of each
(a) State four factors that would determine the choice of transport by a businessman.
(b) State four advantages of :ad transport over rail transport
(a) Explain uninsurable risks and list two types of such risks
(b) Write short notes on the following: (i) Hull surance (ii) Fidelity guarantee insurance (iii) Underwriter (iv) Insurance Premium
Fred Asamah had the following state of affairs as at 31st December, 1999
Vehicles 82,000
Furniture 15,000
Stocks 38,000
Debtors 25,000
Creditors 30,000
Cash in hand 10,000
Bank overdraft 5,000
Capital 135,000
(a) Calculate: (i) the current assets of the business (ii)current liabilities (iii) its working capital
(b)What is a current asset? (c) State one significance
(a) State any four rights of an unpaid seller of goods
(b) Give six duties of an agent to the principal
(a) What is a bill of lading?
(b) State six contents of a bill of lading.
(c) Distinguish between a clean bill of lading a-a foul bill of lading
(a) Explain six reasons for government participation in business enterprises
(b) State four demerits of governme-participation in business enterprises
(a) State six distinguishing features of a mail order business
(b) Give four disadvantages of a mail order business
Write short notes on the following :
(a) Persuasive advertising
(b) Informative advertising
(c) Competitive advertising
(d) Mass advertising
(e) Direct advertising
(a) Differentiate between Hire Purchase and Credit Sale
(b) Give four advantages of hire purchase to each of following:
(i) a seller
(ii) a buyer
(a) With the aid of a diagram, illustrate the scope of commerce.
(b) Explain four commercial activities that facilitate buying and selling.