Which of the following is not a favorable condition under which personal selling can be practiced?
When advertising entails relatively high costs
When the market is concentrated
When the market is dispersed
When personal touch is needed
Correct answer is C
No explanation has been provided for this answer.
People who sell shares in anticipation of a fall in their value are called
bears
bulls
brokers
jobbers
Correct answer is A
No explanation has been provided for this answer.
Which of the following economic unions is made up of countries in West Africa only?
ACP
ECOWAS
NATO
ADB
Correct answer is B
No explanation has been provided for this answer.
The takeover by government of Sanking Sillah and Sons Ltd is referred to as
privatization
indigenization
commercialization
nationalization
Correct answer is D
No explanation has been provided for this answer.
One disadvantage of indigenization is that it
discourages foreign control of an economy
encourages local retention of profits
encourages the participation of indigenes in economic development
discourages foreign investment
Correct answer is D
Indigenization discourages foreign investment in a way that foreign investors would not want to invest in the said country because of the possibility of their companies/ businesses being converted to the state's property.