Business studies jss 2 first term

The process of making goods and services available to the consumers is called ___

• Communication

• Distribution

• Transportion

• Transformation

The initial amount used starting a business is known as ___

• Cash

• Current liablilities

• Capital

• Long term loan

The document that serves as evidence of payment is called ___

• Receipt

• Cheque

• Bank draft

• Bin card

A one man business can also be called

• Joint stock company

• Sole propietorship

• Partnership

• Co-operative society

A place of contact for exchange of goods and services is known as __

• Store

• Warehouse

• Market

• Transaction

One of the following is not a quality of a good receptionist.

• Smart

• Humble

• Rude

• Official

__is another name for home trade.

• Market trade

• Country trade

• Domestic trade

• Street trade

Production is said to be incomplete until it gets to the ___

• Producers

• Retailers

• Final consumers

• Wholesalers

One of these is not one of the channels of distribution of goods or services.

• Marketing

• Producers

• Wholesaler

• Retailer

____is not one of the types of market.

• Capital market

• Money market

• Trader’s market

• Commodity market