Capital owned is synonymous with the
paid-up capital
working capital
net worth
authorized capital
liquid capital
Correct answer is C
No explanation has been provided for this answer.
Business activities that direct the flow of goods and services from the producer to the consumer is
promotion
advertising
selling
marketing
transportation
Correct answer is D
No explanation has been provided for this answer.
utmost good faith
indemnity
subrogation
contribution
insurable interest
Correct answer is B
No explanation has been provided for this answer.
The main reason for advertising an already existing line of products is to
develop customers' awareness
entertain customers
introduce a price deal
build brand recognition
retain old customers
Correct answer is D
No explanation has been provided for this answer.
Which of the following is a function of advertising?
Stimulation of demand
Leads to market segmentation
Maintenance of quality
Determining selling price
Provision of market information
Correct answer is A
No explanation has been provided for this answer.