(a) What is production? (b) Illustrate with a labeled diagram the main divisions and subdivisions of production.

(a) Mention four types of co-operative societies. (b) State two distinguishing features and two functions of each type mentioned in 2(a) above.

(a) Who is an actuary? (b) Differentiate between contribution and group insurance (c) Describe three types of risks that may be insured against under marine ...

(a) Distinguish between marketing and a market (b) In which four ways is marketing important to a developing country?

(a) Define a bill of exchange. (b) State six essential features of a bill of exchange. (c) List the parties to a bill of exchange.

(a) Illustrate any four channels of distribution of manufactured goods. (b) Explain the statement the longer the channel, the higher the price. (c) Give five...

The state of affairs of Danchukwu Enterprises for the year ended 30th September, 1997 shows the following: Capital 90,000.00 Creditors 22,000.00 Vehicles 50,...

Write the following in full and explain their meanings: (a) C.I.F. (b) F.O.B. (c) F.A.S. (d) F.O.R. (e) C.F.

(a) What is an agency? (b) Explain the features of the following agents: (i) Factor (ii) Broker (iii) Del-credere agent (iv) Auctioneer.