Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
The proposed monetary integration within ECOWAS sub-region has the overriding benefit of a
improved exchange
enhanced trade
enhance development
improved relations
Correct answer is B
No explanation has been provided for this answer.
Which of the following group of countries are members of the Niger Basin Commission?
The republic of Guinea, Burkina Faso and Nigeria
Ghana, liberia, and the republic of Benin
Mali, Liberia and Nigeria
Ghana , Burkina Faso and Chad
Correct answer is A
No explanation has been provided for this answer.
The right of the public to protection against questionable products and marketing practices is
an economic aspect of the business
a social responsibility of business
a legal aspect of the business
a political aspect of the business
Correct answer is C
No explanation has been provided for this answer.
Which of these sets of external environmental factors affects a business operation?
Competition, industry operation
Competition, labour and political
Political, cultural and labour
Economic, social and legal
Correct answer is D
No explanation has been provided for this answer.
The main thrust of government policy of evolving good business environment in Nigeria is the need
to attract local and foreign investors
for more export commodities
for consumer oriented products
to have viable local markets
Correct answer is A
No explanation has been provided for this answer.