A businessman who undertakes the hull insurance policy is aiming at?
concerting losses on damages to the cargo
protecting injured crew in the ship
averting payment of the freight
covering damages to the body of the ship
Correct answer is D
Hull insurance is an insurance policy especially designed for covering ship damage expenses. Where the 'Hull' refers to the main body of the ship.
The best mode of ensuring that items posted got to the named address through?
recorded delivery
registered mail
certificate of posting
express mail
Correct answer is B
Registered mail is a postal procedure with special precautions for safety and for compensation in case of loss.
One of the merits of television as a medium of of advertising is that it?
is prone to censorship
is relatively cheap
has more sensory stimulation
has more network coverage
Correct answer is C
No explanation has been provided for this answer.
A process of creating more market for a product is through?
consumerism
marketing
advertising
reponsitioning
Correct answer is C
Advertising is a marketing tactic involving paying for space to promote a product, service, or cause. The actual promotional messages are called advertisements, or ads for short. The goal of advertising is to reach people most likely to be willing to pay for a company's products or services and entice them to buy.
Selling goods in foreign countries at price below their marginal cost is?
dumping
depreciation
devaluation
discounting
Correct answer is A
Dumping is a term used in the context of international trade. It's when a country or company exports a product at a price that is lower in the foreign importing market than the price in the exporter's domestic market.