Which of the following is not an economic grouping?
ECOWAS
GATT
ECOMOG
EEC
Correct answer is C
No explanation has been provided for this answer.
The task of grouping consumers according to their buying habits is known as market
diversification
development
expansion
segmentation
Correct answer is D
No explanation has been provided for this answer.
Direct selling by a producer to a consumer is possible when the
goods have to be made on demand
manufacturer has a good knowlegde of the market
customer buys in small quantities
goods are fashionable
Correct answer is A
No explanation has been provided for this answer.
A manufacturer of machinery who wants to reduce cost of promotion can use
samples
public relations techniques
showrooms
catalogues
Correct answer is D
No explanation has been provided for this answer.
Which of the following is a disadvantage of canal transport? it is
narrow and cannot support big vessels
not suitable for small ferriers
often for short journey
suitable for carrying only goods
Correct answer is A
No explanation has been provided for this answer.