Information about new goods is passed on to buyers through
Advertising
Retail trade
The manufacturer
Wholesale trade
Correct answer is A
No explanation has been provided for this answer.
In which of the following business units are the owners mostly customers?
Cooperative
Limited liability companies
Partnership
Public corporation
Correct answer is A
No explanation has been provided for this answer.
Wholesalers are often criticized because they
Help to break the bulk
Finance producers
Increase prices
Provide after-sales services
Correct answer is C
No explanation has been provided for this answer.
One-man business are popular in West Africa because of all the following except the
Ease of entry
Small capital required
Limited enterpreneur skills needed
Tendency to become joint-stock companies
Correct answer is D
No explanation has been provided for this answer.
The transfer of ownership of a public enterprise to individuals and firms is called
Commercialization
Nationalization
Privatization
Restructuring
Correct answer is C
No explanation has been provided for this answer.