(a).Why is it important for commercial information to be rapid and accurate?(b) What are the advantages of courier services over public postal services?
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1991
(a) Explain five reasons why many small business turn into private limited liability companies.(b) What are the disadvantages of such a decision?
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1991
(a) What is a business merger?(b) Explain the reasons why some businesses merge.(c) Give three disadvantages of business merger.
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1991
(a) What is marketing?(b) Distinguish between marketing and selling.(c) Explain five functions of marketing.
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1991
The following are the trading of Zainab Trading Co. Ltd, for the year ended 31st December, 1986.Creditors 20,000
Premises 20,000
Machinery 20,000
cash 20000
Debtors 30,000…
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1991
Mention and explain five ways in which a business discharges its social responsibilities to the society.
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1991
Business relationships are deeply rooted in the law of contract'.
(a) What is a contract?(b) State the essential elements of a valid contract.
(ii) Briefly discuss any three of them.
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1991
Mention and explain five functions performed by the Central Bank of Nigeria showing how they facilitate commercial activities.
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1991
Describe five measures each which a government may take to: (a) restrict imports (b) promote exports.
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1991
(a) In what ways does transport aid trade?(b) Explain the following in connection with water transport:
(i) freight
(ii) charter party.
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1991
Commerce developed as a result of?
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1991
The sole purpose of production is?
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1991
The major divisions of commerce are?
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1991
The tendency for firms and individuals to concentrate on the activity which is of most advantage of them is known as?
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1991
Which of the following is a commercial service?
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1991
In winding-up a company, the assets of the company are vested in the hands of the?
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1991
The advantage road transport has over other means of transport is that?
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1991
Turnover may be increased by?
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1991
In which of the following classes of occupation would you place a commerce teacher?
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1991
Which of the following is concerned with obtaining raw materials from their natural locations?