The most suitable organizational structure for small or medium sized enterprises is

• A. line structure
• B. staff structure
• C. committee structure
• D. functional structure

A request for goods from another country by an importer would be made using?

• A. an invoice
• B. an indent
• C. an order
• D. a quotation

The distribution and exchange of goods and services for the satisfaction of wants in the concern of?

• A. production
• B. utility
• C. commerce
• D. industry

The form of capital which is easily transferred into the form desired is known as?

• A. working capital
• B. liquid capital
• C. circulating capital
• D. capital employed

Which of the following types of advertising is aimed at taking away existing buyers from their slippers?

• A. Negative
• B. competitive
• C. informative
• D. mass

An undertaking to repair a customer's vehicle for a certain period after it has been sold is

• A. after-sales service
• B. marketing mix
• C. market segmentation
• D. sales promotion

Which of the following refers to all the resources used in creating utilities?

• A. Fixed capital
• B. Factors of production
• C. Enterpreneurship
• D. Labour

One of the functions of seaports is the provision of?

• A. berthing and landing facilities
• B. loading and off-loading facilities
• C. control room for relaying radio messages
• D. warehouses for storage of cargo

The transfer of a government company to the public is

• A. commercialization
• B. localization
• C. deregulation
• D. privatization

Billboards and posters are forms of?

• A. electronic media
• B. print media
• C. outdoor media
• D. window display media