The channel of distribution for the sale of tractors is:

1.
A. manufacturer → wholesaler → retailer → consumer
B. manufacturer → wholesaler → agent → consumer
C. manufacturer → retailer → consumer
D. manufacturer → agent → consumer

A stock exchange speculator who buys shares in anticipation that prices are about to rise is a:

2.
A. bear
B. bull
C. broker
D. stag

The process of choosing among alternatives is referred to as:

3.
A. controlling
B. decision-making
C. planning
D. problem-solving

Which of the following methods is used to correct an adverse balance of payment?

4.
A. Increase export
B. Increase taxes
C. Reduce consumption
D. Reduce export

Debentures is a source of capital for a:

5.
A. co-operative society
B. partnership
C. public limited company
D. sole proprietorship

One of the factors that contributes to inflation is:

6.
A. decrease in import
B. decrease in aggregate demand
C. increase in export
D. increase in aggregate demand

In Maslow's Hierarchy of Needs, the level where an individual has a sense of belongingness and affection is:

7.
A. esteem
B. physiological
C. security
D. social

An insurance policy that covers an event sure to occur in the future is:

8.
A. fidelity
B. fire
C. life
D. marine

The stage of the product life cycle at which XYZ Limited experiences low sales volume and replaces its existing products is:

9.
A. decline
B. growth
C. introduction
D. maturity