Current account holders withdraw money through
Credit card
Cheque
Transfer
Withdrawal form
Correct answer is B
Current account holder withdraws money using cheque, a cheque is an order to a bank to pay a stated sum from the drawer's account, written on a specially printed form.
A cheque is a document that orders a bank to pay a specific amount of money from a person's account to the person in whose name the cheque has been issued.
The act of selling in a foreign market at a price lower than the cost price is called
Dumping
hedging
fair trading
under sale
Correct answer is A
Dumping is a term used in the context of international trade. It's when a country or company exports a product at a price that is lower in the foreign importing market than the price in the exporter's domestic market
Exporting goods at prices lower than the home-market prices
economic responsibilities
marketing responsibilities
social responsibilities
managerial responsibilities
Correct answer is C
This is the responsibility of an organisation to perform social benefits to the society at large.
Any activity directed at conveying commodities to buyers is an aspect _________
selling
delivering
advertising
marketing
Correct answer is B
Is the act of conveying something. E.g. delivering goods to a customer.
Factors considered when setting up a retail business is one of the following _________
capital, experience and trading
experience, term of trade, and trading
capital, trading and term of trade
capital, type of goods and source of supply
Correct answer is D
Capital is one of the major factor that determines the form and size of a business and must be considered when starting a retail business.
Source of supply has to do with where and how to get the goods to be sold, either from the wholesaler or manufacturer.
Types of goods determines what the product is.