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Business Studies Past Questions and Answers

Business Studies Questions

Question 66:
Granting discount to a buyer of a product is an example of ____________
  • A After-sales service.
  • B Customer care.
  • C Pre-sale service.
  • D Public relations.
  • E Social responsibility.
View Answer & Explanation
Question 67:
The reward for capital as a factor of production is ____________
  • A Interest.
  • B Profit.
  • C Rent.
  • D Salary.
  • E Wage.
View Answer & Explanation
Question 68:
The selling of Nigeria crude oil to a firm in Britain is an example of ____________ trade.
  • A Entrepot
  • B Export
  • C Home
  • D Retail
  • E Wholesale
View Answer & Explanation
Question 69:
Who among the following renders direct service?
  • A Barber
  • B Civil servant
  • C Police officer
  • D Sales representative
  • E Soldier
View Answer & Explanation
Question 70:
An agreed sum of money that the insured pays to the insurer at periodic intervals is ____________
  • A Contribution.
  • B Indemnity.
  • C Interest.
  • D Premium.
  • E Subrogation.
View Answer & Explanation