a) Transport.

b) Banking.

c) Warehousing.

d) Communication.

e) Advertising.

f) Insurance.

a) Supervising and controlling activities of the organization.

b) Planning activities of the organization.

c) Formulation of policies.

d) Motivating staff members.

e) Delegating duties to other staff members.

f) Providing comfortable working conditions.

g) Providing welfare and advisory services to the staff.

a. Reducing taxes.

b. Offering direct financial assistance.

c. Improvement of infrastructure.

d. Provision of social amenities.

e. Provide business subsidies.

a) Can be protected from damage.

b) To retrieve information easily.

c) Keep the office tidy/neat.

d) To provide future reference.

a) Presence of market for his product.

b) Adequate finance.

c) Price levels in the market.

d) Government policy.

e) Development of infrastructure.

f) Level of completion in the market.

g) Labour requirements.

h) Equipments required and availability.

a) Cultural factors concerning family size.

b) Literacy level in women.

c) Cost of bringing up children.

d) Peace and security in the country.

e) Improved health and education.

f) Government policy on family size.

g) Age and sex structure of the population.

a) Advice note.

b) Proforma Invoice.

c) Debit note.

d) Statement of account.

a) If goods are perishable, a faster means is required.

b) If goods are fragile, a smooth means of transport is required.

c) If goods are urgently required, a faster means will be required.

d) If goods are heavy, a means with a large volume will be required.

e) If goods are bulky, means with a large volume will be required.

f) If goods are highly valued, safe and secure means is required.

a. No effect.

b. Increase.

c. Increase

d. No effect.

e. Decrease.

f. No effect

a. Total ban/embargo.

b. Imposing/raising customs duty.

c. Use of quotas.

d. Administrative bottlenecks.

e. Foreign exchange control.

f. Moral suasion.

a. Can explain/convince fully.

b. Best to demonstrate feedback.

c. Receiving immediate feedback.

d. Learn the desired impression.

e. Fast/quick/desert.

f. Used to communicate to many at once.

a. Product many perish before reaching the users.

b. The produce may delay in reaching the market.

c. Some farm produce may fail to reach the market completely.

d. Farm produce may suffer contamination due to poor handling.

e. Theft cases may occur.

a. Use of labour intensive methods.

b. Diversifying of economic activities.

c. Adopting relevant education.

d. Delocalising of industries.

e. Population control.

f. Encourage the use of local resources.

g. Increasing government expenditure.

a. Advertising.

b. Personal selling.

c. Sales promotion.

d. Publicity.

a. Cheap to operate/less charges.

b. Readily available to customers since it’s open for 24 hours.

c. Money can be withdrawn easily.

d. Money can be deposited easily.

e. It is safer to use.

f. One can buy air time easily.

g. Utility bill can be paid.

a. Fall in the level of saving.

b. Increase in government expenditure.

c. Increase in money supply.

d. Expectation of price increase in the near future.

e. Increase in wages/salaries.

a. Provides a market for securities.

b. Indicates the performance of quoted companies since the prices are quoted at stock exchange.

c. It provides investors with information regarding those firms which are profitable to invest in.

d. It facilitates the channelling of funds to visible investment.

e. Acts as an economic barometer.

f. It promotes good management of business since quoted companies to fulfil sound management.

a. No accurate records of expenditure are kept especially in the private sector.

b. Expenditure for the subsistence sector can only be more appropriate due to lack of records in this sector.

c. Differentiating between final expenditure and intermediate expenditure may be difficult.

d. It suffers from the problem of double counting.

e. Fluctuating exchange rates may pose challenges especially in valuation of exports and imports.

a. No accurate records of expenditure are kept especially in the private sector.

b. Expenditure for the subsistence sector can only be more appropriate due to lack of records in this sector.

c. Differentiating between final expenditure and intermediate expenditure may be difficult.

d. It suffers from the problem of double counting.

e. Fluctuating exchange rates may pose challenges especially in valuation of exports and imports.

a. A resource owned and controlled by the business.

b. Must have been acquired in the past.

c. Can be measured reliably in monetary terms.

d. May be either fixed or current.

e. Future economic benefit associated with the net benefit to be received by the business entry.

a. Single shops.

b. Tied shops.

c. Kiosks.

d. Mobile shops.

e. Market stalls.

f. Canteens.