A group of companies is a collection of?
subsidiaries and their holding company
firms
associates and their holding company
industries
Correct answer is A
An industry is a group of companies that are related based on their primary business activities. it is also a group of manufacturers or businesses that produce a particular kind of goods or services. Workers in the textile industry design, fabricate, and sell cloth.
standard organisation of Nigeria
Nigeria consumer association
manufacturers association of Nigeria
Nigeria chambers of commerce
Correct answer is A
The Standard Organisation of Nigeria (SON) is the sole statutory body that is vested with the responsibility of standardising and regulating the quality of all products in Nigeria.
The temporary working area of the control processing unit is called the?
CD-ROM
CD-RAM
ROM
RAM
Correct answer is D
Random-access memory;is a form of computer data storage that stores data and machine code currently being used. A random-access memory device allows data items to be read or written in almost the same amount of time irrespective of the physical location of data inside the memory. it is a temporal storage device example is the harddisk
warehousing is a productive function because it increases the?
quantity of goods
utility of goods
quality of goods
price of good
Correct answer is B
The efficient management of warehouses helps to optimise the existing production and distribution processes and greatly assist in the goal of cost reduction and service enhancement. Warehousing network plays a major role in the success of the physical distribution of products. A warehouse provides a central location for receiving, storing and distributing products. its needs and importance include;
A pro forma invoice is sent to inform a buyer about the?
quantity of goods
price of goods
designation of goods
quality of goods
Correct answer is B
A pro forma invoice is a preliminary bill of sale sent to buyers in advance of a shipment or delivery of goods. The invoice will typically describe the purchased items and other important information such as the shipping weight and transport charges. Pro forma invoices streamline the sales process. Your customer agrees to the price on the pro forma invoice, and then you deliver the goods. There’s no back and forth after you’ve fulfilled your end of the bargain as it’s all agreed up front.