NECO Commerce Obj And Essay/Theory Solution Questions and Answer – JUNE/JULY 2018 Expo Runz.
Commerce OBJ:
1BBEDCACCEE
11EBADECABEA
21EBCBBBAAEE
31AADCDCECBD
41CEDBABDACD
51BDCEADECBA
Pease NOTE: You Are To Answer Five(5) QUESTIONs
4a)
i)Market research and analysis: The first component of a marketing plan allows you to gather pertinent information about the potential market for your product(s) and/or service(s), evaluate strengths and weaknesses, and identify a target audience.
ii)Marketing and financial goals and objectives: This component of a marketing plan consists of defining your marketing and financial goals and objectives.
iii)Marketing budget: This component of a marketing plan consists of developing a marketing budget, which will allow you to plan for marketing expenditures. iv)Monitoring and evaluating market response: This component of a marketing plan describes the strategies you will use to monitor and evaluate the market response to your marketing strategies.4b)
i)SKU Rationalization and/or Reduction
ii)Entering New Markets & Retailers
iii)Evaluating Line Extensions
iv)Determining the Optimal Product Line
4c)
-ADVANTAGE-
i)convey more information with personal selling than with other forms of promotion, like advertising.
ii)Create More Impact on buyers than advertising or direct mail. The customer does not have to wait to get his questions answered.
-DISADVANTAGE-
i)cannot reach as many customers as quickly. Therefore, it will take longer to build awareness of your brand and products, especially if you use personal selling exclusively.
ii)expensive, especially when considering the salesperson’s salary, commission, bonus and travel time.
3a)
voluntary liquidation is a procedure in
which the company’s directors choose to voluntarily bring the business to an end by appointing a liquidator (who must be a licensed insolvency practitioner) to
liquidate all of its assets. While involuntary liquidation a situation in which a company is forced by a court of law to stop doing business because it owes money and cannot pay its debts.3b)
i)Authorized Capital, means the total amount of shares that a Company is allowed to issue to the shareholders. In other word’s it included in the deed of establishment when the Company is established;
ii)Issued Capital means the capital that is issued by the Company to the shareholders
iii)paid Up Capital means the capital obtained from the shareholders.
iv)Uncalled share capital: the amount which the company is entitled to call on shareholders to contribute
7i)
Indent is the process Where Order for goods (placed often through a local or foreign agent of a foreign supplier) under specified conditions of sale, the acceptance of which by the supplier (or the agent) constitutes a contract of sale.
7ii)
Bill of sight is a payment due on demand. An at sight payment will require the party receiving the good or service to pay a certain sum immediately upon being presented with the bill of exchange.
7iii)
bill of entry is An account of goods entered at a customhouse, of imports and exports, detailing the merchant, quantity of goods, their type, and place of origin or destination.
7iv)
dock warrant is an instrument issued by a ware housekeeper, licensed by the state to traders who deposit goods with them.
7v)
Export invoice is a document issued by an exporter to an importer listingthe goods or services supplied and stating the sum of money due
8i)
Licensing: Gives the business people authority/permission to carry out business activities legally
8ii)
Fixing quotes : quantitative restrictions on goods that should be produced,consumed or imported at any given time
8iii)
Imposing total bans -prohibition / abolishing or stopping certain activities in the country
8iv)
setting of standards: quality and security standards for goods to be sold or consumed in the country
8v)
Tax code regulations: The form of business you run determines what taxes you pay. Your business structures determines what your business tax would be
E.g Income tax, estimated tax, employment tax, and excise taxes.
6i)
Restrictions on Transfer of Share: No partner can transfer his share to any outside person without seeking the consent of all other partners.
6ii)
Utmost Good Faith and Honesty:A partnership business solely rests on utmost good faith and trust among the partners.
6iii)
Contractual Relationship: Partnership is formed by an agreement-oral or written-among the partners.
6iv)
Profit and Loss Sharing: There is an agreement among the partners to share the profits earned and losses incurred in partnership business.
6v)
Existence of Lawful Business: Partnership is formed to carry on some lawful business and share its profits or losses. If the purpose is to carry some charitable works, for example, it is not regarded as partnership.
5a)
Specialization is a method of production where a business, area or economy focuses on the production of a limited scope of products or services to gain greater degrees of productive efficiency within an overall system.5b)
i)Education and skill: These also affect and determine the type of occupation, as learned people will be placed in a skillful or expert job area.
ii)Natural Resources: The availability of resources does determine the choice of occupation that people will engage in. For instance, miners will be many an area where there are mineral resources.
iii)Government Policies: This also determines the type of occupation as the government places age limit on those seeking for employment.
iv)Salary and Wages: Here, the remuneration involved and condition of service also affect and determine the kind of occupation people involve in.
2i)
board of directors is a recognized group of people who jointly oversee the activities of an organization, which can be either a for-profit business, nonprofit organization, or a government agency.
2ii)
company secretary is a senior position in a private sector company or public sector organisation.
2iii)
Managing Director is the most senior role in any company. With ultimate responsibility for the company’s performance the Managing Director will report in to the Chairman and shareholders whilst leading a Board of Directors.
2iv)
chief accountant, often taking on the title of CFO, or Chief Financial Officer, serves as an advisor, educator and consultant on all financial matter affecting the company.
2v)
director of personnel is responsible for all activities related to hiring and firing employees of the city. In other words is ultimately responsible for development, revision and implementation of those policies=========================
042tvseries.Com send all exam expo answer earlier than others
============================
NECO ssce 2018 Commerce expo answers, Ssce 2018 Commerce objective and essay Expo answers now available, june/july Commerce theory Answers for 2018, Commerce obj and theory Questions NECO Ssce Expo Answers Here, Free wassce Commerce objective, essay & theory correct Expo 2018 answers Runz NECO Commerce, NECO Ssce 2018 Free Commerce essay, obj and theory Questions and Answers Expo for NECO Commerce Paper 1 and Paper 2 objective and essay Questions and Answers Expo Now Posted, Free Commerce objective ans for internal ssce, see NECO ssce expo Commerce obj and theory, essay questions for free, loadedexpo correct wassce Commerce ans, sure NECO ssce Commerce objective answers runz runs expo free real and correct NECO ssce 2018 june/july Commerce free expo runz runs ans answers online for free see free answers online, 2018 Verified NECO Free Ssce Commerce Obj and theory Answers have been posted REAL NECO SSCE Commerce QUESTIONS & ANSWERS Direct To Phone Number AS Text message, RE: 2018 WASSCE Commerce (Expo) NECO 2018 certified runs Commerce questions and answers NECO SSCE November/December 2018 Commerce THEORY / ESSAY / OBJ QUESTION AND EXPO I need NECO ssce free expo site, how can I get NECO Commerce answer for free, NECO 2018 Commerce essay, Objective And Theory Question and Answer Now Posted, Real 2018/2019 june/july wassce NECO Commerce objective, essay and theory 100% correct expo questions and answers runz chokes runs, verified 2018 NECO Commerce theory, essay and obj NECO Commerce expo website, NECO ssce Commerce live cheats, sure November/December NECO SSCE 2018 Commerce original objective, theory and essay questions and answer now available here, 100% NECO ssce Commerce expo, 2018 wassce Commerce obj, essay and theory runz now posted, correct NECO ssce Commerce objective, essay (theory) answer now ready, free 2018 wassce Commerce obj, theory and essay best expo site NECO ssce Commerce questions and answers, password for certified NECO ssce Commerce essay theory obj expo, how to get/ where to get wassce Commerce theory, essay and objective expo answer direct to my phone as text message, trusted NECO ssce Commerce questions and answer, i need NECO Ssce june/july Commerce essay theory objective obj Expo 2018 answers on whatsapp, gidifans Commerce answer, solutionclass Commerce answer, 042tvseries Commerce answer, codedexam NECO Commerce answer, wapbaze Commerce answer, wapextra Commerce expo, Martinlibrary Commerce expo, examgists NECO Commerce expo, NECO Commerce objectives answer, naija NECO Commerce expo free answer
Real and Confirmed NECO Commerce Questions and Expo Answer – June/July 2018
Verified NECO 2018 June/July Commerce OBJ and Essay Answer and Solution to the questions.
GOODLUCK!!!
We appreciate you for reading On 042tvseries, but we think it will be better you like our facebook fanpage and also follow us on twitter below.
WAEC 2019 Mathematics Expo Answer – Free Maths WAEC Expo 2019 msy/june WAEC 2019 Mathematics Expo Answer – Free Maths WAEC Expo 201...
WAEC English language Obj And Essay/Theory and Test of orals Solution Questions and Answer – May/Jan 2019 Expo Runz. WAEC English lang...
WAEC 2019 All Questions & Answers Direct To Your Phone As SMS [CLICK HERE TO SUBSCRIBE] NOTE:- TEXT OR CALL US BEFORE SUBSCRIBING. IF...
“Sweet Sixteen” by Bolaji Abdullahi is the official novel to be read by every JAMB candidate in the 2019 UTME, irrespective of the course yo...
