A market where new shares are traded is known as
Primary Market
Stock Exchange
Secondary Market
Money Market
Correct answer is A
The primary market provide avenue where companies and organization can issue new securities in order to raise fund.
Citizens are against privatization mainly because of
Ineffective Management
The likely hood of monopoly
Increased price of good and services
The ration dilation of organizations.
Correct answer is C
privatization of government owned companies will bring about increase in prices of goods and services nd this situation will definitely not make the citizens to be happy with the issue of privatization and as such they will be against it
The agency in Nigeria which ensure that products conform to government quality specification is the
Nigerian consumers’ association
Manufacturers' Association of Nigeria
Standard Organization of Nigeria
Nigerian Chamber of commerce
Correct answer is C
The standard organization of Nigeria is the organization saddled with the responsibility of ensuring that goods or products conform to government quality specification
The major determinant of fire insurance premium is the
Owner of the property
usefulness of the property to the owner
Type and structure of the property to be insured
extent of fire damaged anticipated.
Correct answer is C
The type and structure of the property will determine the value of the property since the value of the property will have to be considered by the insurance company before the contract will be entered into by both parties.
In product pricing, which of these elements need more consideration than others?
The cost of producing the product
The economic conditions in the market
the demography of the buyers of the product
The demand for the product
Correct answer is A
What the form consider first and most is the cost of production i.e. the cost of producing the product as this determines the price at which the product will be sold.