Marketing differs from selling in that,the latter only creates
possession utility
marginal utility
form utility
place utility
Correct answer is A
Selling is an action which converts the product into cash, (possession of the product) but marketing is the process of meeting and satisfying the customer needs. Marketing consists of all those activities that are associated with product planning, pricing, promoting and distributing the product or service
span of control
unity of command
scalar chain
unity of direction
Correct answer is A
Span of control; is the principle of management that emphasizes the area of activity and number of functions, people, or things for which an individual or organization is responsible.
Which of the following regulates and controls the activities in the Nigerian Stock Exchange?
BPE
SEC
NDIC
CBN
Correct answer is B
The Securities and Exchange Commission (SEC) is the main regulatory institution of the Nigerian capital market.
arbitage
franco
contango
backwardation
Correct answer is D
Backwardation is a percentage paid by a person selling stock for the right of delaying its delivery.
Cum div differs from ex div in that, the later
entitles the purchaser to recieve a company's current dividend
entitles the vendor to recieve a company's current dividend
confirms a purchase or sale made on behalf of a share holder
is a document used to transfer ownership of shares
Correct answer is A
Cum dividend is the status of a security when a company is preparing to pay out a dividend at a later date. The seller of a stock cum dividend is selling both the right to the share and the right to the next dividend distribution.
The ex-dividend date of a stock is the day on which the stock begins trading without the subsequent dividend value.