Which of the following is a function of marketing department in a firm?
Add value to goods and services
Protect those who engage in business transactions
initiate general policies in the organization
Handle all staff masters in the system
Correct answer is A
No explanation has been provided for this answer.
A firm that specializes in packing and shipping of goods is known as a
forwarding agent
general agent
del credere agent
cargo handling company
Correct answer is D
No explanation has been provided for this answer.
A person who gave his building as a security for loan is known as a
trustee
mortgagee
mortgagor
guarantor
Correct answer is D
No explanation has been provided for this answer.
A retail outlet with many branches all dealing in similar line of goods is described as a
department store
supermarket
chain store
hypermarket
Correct answer is B
No explanation has been provided for this answer.
An insurance principle which prevents an insured from making profit when compensated is known as
proximate cause
indemnity
insurable interest
utmost good faith
Correct answer is D
No explanation has been provided for this answer.