An accurate census figure is an important tool for planners in
Providing employment
Siting industries
Providing social amenities
Allocating resources
Correct answer is D
One of the core reasons behind the compilation of an accurate census figure is to assist the government in the distribution of resources amongst regions.
With census figures, the government can determine what areas are densely or scarcely populated to aid the efficient distribution of resources.
The voting power in cooperative societies is vested on
Management
Members without loan
Shareholders
Members with the highest contribution
Correct answer is C
The following are Some of the features of a cooperative society are:-
1. Voluntary Association
2. Equal Voting Rights
3. Separate Legal Entity
4. Service Motive
Firms embark on vertical integration in other to
Take over markets formally controlled by other firms
Prevent other firms from entering the market
Reduce advertisement and management cost
Enjoy economies of large-scale production
Correct answer is D
Vertical integration is a strategy whereby a company owns or controls its suppliers, distributors, or retail locations to control its value or supply. The following are some of the reasons for vertical integration
The short-run average variable cost of a firm will rise owing to
The expansion of factory space
The building of new warehouse
An increase in the cost of labour
An increase in the salaries of directors
Correct answer is C
No explanation has been provided for this answer.
The loading of crude oil at the terminal is an activity in the
Downstream sector of the oil industry
Upstream and downstream sector of the oil industry
Upstream sector of the oil industry
Midstream and upstream sectors of the oil industry
Correct answer is C
The terms upstream and downstream oil and gas production refer to an oil or gas company's location in the supply chain. Upstream oil and gas production is conducted by companies who identify, extract, or produce raw materials.