the time allowed for loading and unloading a ship at the harbour is?
- A. demurrage
- B. tenure
- C. lay days
- D. dead freight
one of the aims of the European union is to?
- A. ease trade among member countries
- B. enhance better trade with Africa
- C. enhance free trade with America
- D. offer financial assistance to poor countries
A system of issueing new shares to selected investors instead of the general public is?
- A. public offer
- B. issue by tender
- C. offer for sale
- D. private placement
A company is qouted on the stock exchange when its shares are?
- A. put under private payment
- B. not for sale to the public
- C. listed for sale on the exchange
- D. owned by the government
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