An extra commission paid to an agent who guarantees credit sales made by him is?
- A. del credere
- B. guarantors fee
- C. jobber's turn
- D. brokerage
The practice of giving a particular name to a product by a manufacturer is
- A. branding
- B. standardization
- C. publicity
- D. advertising
A distinctive symbol, title or design that readily identifies the company and its products is?
- A. patent right
- B. trade mark
- C. trade name
- D. brand name
the process of converting a non profit making organisation to a profit making business is?
- A. indigenization
- B. privatization
- C. deregulation
- D. commercialization
production ends when goods and services?
- A. reach the final user
- B. are used for manufacturing
- C. are packed and labelled
- D. are sold to the middlemen
if a business uses part of its profit to develop the area where it operates, the business is fulfilling its?
- A. economic responsibility
- B. marketing responsibility
- C. social responsibility
- D. managerial responsibility
A general tax which applies at each point of exchange of goods and service is?
- A. a specific tax
- B. an ad valorem tax
- C. value added tax
- D. direct tax
a person or firm to whom money is owed is?
- A. banker
- B. guarantor
- C. debtor
- D. creditor
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