Answers

(a) List five types of business units in Nigeria. (b) Give five main differences between a retail co-operative…

(a) What is consumerism? (b) Give three reasons why consumers need protection. (c) State any five measures taken…

(a) Give any five advantages of advertising. (b) What are five distinctive merits of television as a medium…

Distinguish between the following: (a) Broker and Jobber. (b) Gross profit and net profit (c) Fixed capital and…

(a) Explain the meaning of working capital and state its importance. (b) Outline any seven factors which might…

(a) What is a bonded warehouse? (b)State four ways in which a bonded warehouse may be useful in…

(a) What is Commerce? (b) State and explain the importance of any five ancillary services to trade.   …

(a) Messrs Ola and Musa are both merchants. Ola trades on cash basis only while Musa allows credit.…

(a) What is marketing concept? (b) Explain the four elements of the marketing mix.    Explanation (a) Marketing…

(a) Give the meaning of each of the following: (i) balance of trade  (ii) balance of payments. (b)Describe…