(a) What is indigenization?(b) Explain four advantages anc four disadvantages of indigenization.
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2003
(a) What is market?(b) Explain four ways by which market-ing is important to the economy(c) State five functions marketing.
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2003
(a) Give five reasons why a manufacturer may brand his products.(b) State five advantages of packaging.
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2003
The following is a summary of the assets and liabilities of Odika Enterprises for the year ended December 31st 2000. Nmotor vehicle60,000fixtures & fittings60,000machinery65,000warehouse18,000stock20,000prepayment10…
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2003
(a) Explain five roles of transport to businessmen.(b) State three characteristics of tramp vessels and two characteristics of ocean liners.
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2003
Write short notes on each of the following:
(i) Small stores
(ii) Mobile shops
(iii) Tied shops
(iv) Supermarkets
(v) Peddling.
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2003
Distinguish between the following pairs of terms used in insurance:(a) Third party and comprehensive policy(b) Whole life and endowment policy(c) Insurance and assurance(d) Premium and compensation.
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2003
(a) Assume that you are a retail trader and want to open a current account with a branch of a commercial bank. Write out four steps to be taken in opening the account.(b) State six services provided by a commercial bank.…
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2003
(a) Give four arguments for and three arguments against advertising.(b) List six advertising media used by business organizations in West Africa.
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2003
(a) State the difference between an ordinary invoice and a proforma invoice.(b) Explain the following terms used in connection with an invoice:
(i) 5% trade discount
(ii) net 3 months
(iii) E.& O.E.
(iv) carriage fo…
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2003
When a public company receives the certificate of incorporation, this implies that?
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2003
Industry is a branch of production because it?
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2003
Which of the following is not a commercial occupation?
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2003
A worker who processed garri is engaged in?
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2003
The scope of commerce is limited to?
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2003
A partnership without a deed shares profits/losses?
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2003
A partner without an unlimited liability is known as a?
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2003
The greatest risk in a business venture is borne by the?
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2003
Which of the following would not be stated in Memorandum of Association?
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2003
When a number of thrift societies come together and are registered, they become a?