(a) Give two uses of each of the following documents in business transaction.
(I) Proforma invoice
(ii) Advice note
(iii) Credit note
(iv) Statement of account
(v) Receipt.
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1996
(a) Give four uses of an Organization chart(b) Explain three reasons why managers may refuse to delegate(c) State three advantages of delegation of authority.
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1996
(a) What is public relations?(b) State and explain five media of public relations.
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1996
(a) Give three similarities and three differences between hire purchase and deferred payment.(b) Explain four reasons why a trader would prefer the use of cheque to cash for large payments.
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1996
Explain the social responsibilities of a business to the following:
(a) the community
(b) the employee
(c) the shareholders
(d) the government
(e) the consumers.
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1996
State five aids to trade and explain how each facilitates trade.
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1996
(a) Give any five features which are common to both cooperative societies and private limited companies(b) Explain any five differences between cooperative societies and private limited companies.
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1996
Write short notes on each of the following (a) Marine insurance,(b) Accident insurance(c) Group insurance(d) Export Credit Guarantee insurance(e) Fire insurance
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1996
(a) State five reasons why road transport would be preferred to rail transport(b) Give five functions of the Nigerian Airport Authority.
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1996
(a) Give two examples of small-scale retail outlets and three examples of large- scale retail outlets(b) Explain five reasons for the survival of small-scale retailers.
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1996
Which of the following is not the duty of an entrepreneur?
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1996
The primary purpose of credit cards is to
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1996
Industrial, commercial and direct services are branches of
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1996
When a company buys up firms supplying it with raw materials, this is an example of
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1996
Which of the following is used to transmit typed messages over long distances?
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1996
The difference between the total amount of money received by a country and the total amount paid to other countries within a given period is the
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1996
The process of involving local businessmen in the ownership and control of businesses that were formerly owned by foreigners is called
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1996
Which of the following stresses the use of only specialists to head departments?
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1996
An insurance company shares its accepted risk with others in the form of
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1996
Which of the following is not a credit instrument used in business transactions?