COMMERCE QUESTION AND ANSWERS SOLVED
====================
1a
Pipeline transportation can be defined as thetransportation of goods or material through a pipe. ..
Such as Crude oil, natural gas, oil
1b
Advantages of Air Transport
1..High Speed:
2..Minimum Cost:
3..Easy transport of costly and light goods:
4...Free from physical barriers:
5..Useful in natural calamities:
: 1c)
1..Perishable goods need speedy movement and shorter route of distribution. For durable and standardized goods, longer and diversified channel may be necessary. Whereas, for custom made product, direct distribution to consumer or industrial user may be desirable.
2..Middlemen who can provide wanted marketing services will be given first preference.
3..Size and average frequency of customer’s orders also influence the channel decision. In the sale of food products, we need both wholesaler and retailer.
4..The company’s size determines the size of the market, the size of its larger accounts and its ability to set middlemen’s co-operation. A large company may have shorter channel.
===========================
==========================
2a)
i)Memorandum of Association is subsidiary to the Companies Act, whereas Articles of Association is subsidiary to both Memorandum of Association as well as the Act.
ii)Memorandum of Association contains the information about the powers and objects of the company. Conversely, Articles of Association contain the information about the rules and regulations of the company.
2b)
Advantage
i)Widening the shareholder base and spreading risk
ii)Growth and expansion opportunities
iii)Prestigious profile and confidence
iv)Transferability of shares
DisAdvantage
i)More regulatory requirements
ii)Higher levels of transparency required
iii)Ownership and control issues
iv)More vulnerable to takeovers
2b
Advantages
1 Raising capital through public issue of shares
2 Widening the shareholder base and spreading risk
3 Growth and expansion opportunities
4 Transferability of shares
5 Exit Strategy
Disadvantages
1 More regulatory requirements
2 Higher levels of transparency required
3 Ownership and control issues
4 More vulnerable to takeovers
5 Initial financial commitment is higher
===========================
*Mr Anderson Call or chat us at 08094186531*
==========================
3a
1...Technological changes:
2..Demographic factors:
3..
social and cultural forces:
4....Governmental policies:
5... Natural forces:
3b
3b
Towards the customers
i) Product:...
Quality goods should be produced and supplied
(ii) Marketing:
To avoid being misled by wrong claims about products through improper advertisements
Towards the Employees
1..trainings
2..promotion,
3..proper selection wages,
Towards the investors
1...
ensuring fair and regular return on capital employed,
2....consolidating financial position of business
===========================
==========================
4a)
i)By performance of the parties i.e. each party completing his obligations as stipulated by the
contract.
ii)By frustration i.e. an event through no fault of
the parties that make one party unable to perform the contract. For example:if one party
suffers a prolonged illness which makes him unable to perform the contract.
iii)By lapse of time i.e. if the time limit set for the contract to be executed by both parties has been passed. For example, sellers of real estate usually require that the buyers pay the full balance on the property within a certain time period after the initial down payment has been made.
iv)By changes in law i.e. where a legal contract is rendered illegal through changes in law.
4b)
i)act on behalf of and be subject to the control of the principal
ii)act within the scope of authority or power delegated by the principal
iii)discharge his or her duties with appropriate care and diligence
iv)avoid conflict between his or her personal interests and those of the principal
v)promptly hand over to the principal all monies collected on principal's behalf.
vi)agent owes a duty to the principal to act in the principal's best interests within the authority of the agent .
===========================
*Mr Anderson Call or chat us at 08094186531*
==========================
5a)1. Advertising is the only medium you can control – if you want your message to hit on the day a product launches or event is about to happen, this is the only vehicle you control completely.
2. Advertising allows you to target ideal customers only – when you match a very personal message to a very select audience you get far greater connection.
3. Advertising creates awareness for your content – The force that drives a great deal of conversion and trust building these days is educational content – ebooks, seminars and blog posts – advertising is a great way to help get that content found and consumed once you’ve gone to the effort to produce it.
4. Advertising adds credibility to your message – Don’t ask me why this is exactly, but every time I run advertising people comment that business must be going well. The perception that you can afford advertising is often enough to sell and resell prospects and customers alike and makes it easier to get attention for your entire message.
5. Advertising amplifies everything else you’re doing – When you are using advertising to create awareness for your content you automatically create more awareness for everything you are doing. Journalists find companies that advertise, referral sources remember companies that advertise, people fan and follow and friend from ads, and employees can point to well-placed ads as a source of pride in place they work.
===========================
==========================
6a)
i)Accepting Deposit
ii)Advancing Of Loans
iii)Discounting Of Bill Of Exchange
iv)Cheque Payment
v)Remittance
6b)
- Intercepting contraband (such as illegal drugs)
-Checking travellers and their baggage, cargo and mail
-Assessing and collecting Customs duties, excise taxes and Goods and Services Tax (GST) on imports
-Protecting a country businesses against illegal trade
-Enforcing import and export restrictions and prohibitions
collecting accurate import and export data
===========================
==========================
7a.
BENIN
BURKINA FASO
CABO VERDE
CÔTE D'IVOIRE
The GAMBIA
GHANA
GUINEA
GUINEA BISSAU
LIBERIA
MALI
NIGER
NIGERIA
SENEGAL
SIERRA LEONE
TOGO
Choose any six only
7cLAKE CHAD BASIN
1) To enhance the agricultural potentials of the lake.
2) To provide water for rural and urban area.
Image
3) To construct and ensure proper maintenance of dams, wells and boreholes.
4) To control the pollution of the lake.
5) To undertake scheme to control erosion and flood of the border area.
NIGER BASIN COMMISSION (NBC)
The Niger Basin Commission (NBC) was established by countries located in the Niger Basin to maintain better corporation on the use of the River Niger. The member countries are Republic of Benin, Chad, Cameroon, Guinea, Burkina Faso, Nigeria, Mali, Cote d’Ivoire and Niger Republic. The treaty that established (NBC) was signed by the countries in October 1963.
AIMS AND OBJECTIVES OF NIGER BASIN COMMISSION (NBC)
1) To guide navigation on the River Niger.
2) To ensure the most effective utilization of the resources of the river.
3) To ensure the most effective use of the Niger water.
4) To provide studies on the agricultural potentials of the River Niger.
============================= SOLUTION✔
=============================*Nigeria*
COMMERCE QUESTION AND ANSWERS SOLVED AND DISTRIBUTED BY ALL TEAM
====================
1a
Pipeline transportation can be defined as thetransportation of goods or material through a pipe. ..
Such as Crude oil, natural gas, oil
1b
Advantages of Air Transport
1..High Speed:
2..Minimum Cost:
3..Easy transport of costly and light goods:
4...Free from physical barriers:
5..Useful in natural calamities:
: 1c)
1..Perishable goods need speedy movement and shorter route of distribution. For durable and standardized goods, longer and diversified channel may be necessary. Whereas, for custom made product, direct distribution to consumer or industrial user may be desirable.
2..Middlemen who can provide wanted marketing services will be given first preference.
3..Size and average frequency of customer’s orders also influence the channel decision. In the sale of food products, we need both wholesaler and retailer.
4..The company’s size determines the size of the market, the size of its larger accounts and its ability to set middlemen’s co-operation. A large company may have shorter channel.
===========================
==========================
2a)
i)Memorandum of Association is subsidiary to the Companies Act, whereas Articles of Association is subsidiary to both Memorandum of Association as well as the Act.
ii)Memorandum of Association contains the information about the powers and objects of the company. Conversely, Articles of Association contain the information about the rules and regulations of the company.
2b)
Advantage
i)Widening the shareholder base and spreading risk
ii)Growth and expansion opportunities
iii)Prestigious profile and confidence
iv)Transferability of shares
DisAdvantage
i)More regulatory requirements
ii)Higher levels of transparency required
iii)Ownership and control issues
iv)More vulnerable to takeovers
2b
Advantages
1 Raising capital through public issue of shares
2 Widening the shareholder base and spreading risk
3 Growth and expansion opportunities
4 Transferability of shares
5 Exit Strategy
Disadvantages
1 More regulatory requirements
2 Higher levels of transparency required
3 Ownership and control issues
4 More vulnerable to takeovers
5 Initial financial commitment is higher
===========================
==========================
3a
1...Technological changes:
2..Demographic factors:
3..
social and cultural forces:
4....Governmental policies:
5... Natural forces:
3b
3b
Towards the customers
i) Product:...
Quality goods should be produced and supplied
(ii) Marketing:
To avoid being misled by wrong claims about products through improper advertisements
Towards the Employees
1..trainings
2..promotion,
3..proper selection wages,
Towards the investors
1...
ensuring fair and regular return on capital employed,
2....consolidating financial position of business
===========================
==========================
4a)
i)By performance of the parties i.e. each party completing his obligations as stipulated by the
contract.
ii)By frustration i.e. an event through no fault of
the parties that make one party unable to perform the contract. For example:if one party
suffers a prolonged illness which makes him unable to perform the contract.
iii)By lapse of time i.e. if the time limit set for the contract to be executed by both parties has been passed. For example, sellers of real estate usually require that the buyers pay the full balance on the property within a certain time period after the initial down payment has been made.
iv)By changes in law i.e. where a legal contract is rendered illegal through changes in law.
4b)
i)act on behalf of and be subject to the control of the principal
ii)act within the scope of authority or power delegated by the principal
iii)discharge his or her duties with appropriate care and diligence
iv)avoid conflict between his or her personal interests and those of the principal
v)promptly hand over to the principal all monies collected on principal's behalf.
vi)agent owes a duty to the principal to act in the principal's best interests within the authority of the agent .
===========================
==========================
5a)1. Advertising is the only medium you can control – if you want your message to hit on the day a product launches or event is about to happen, this is the only vehicle you control completely.
2. Advertising allows you to target ideal customers only – when you match a very personal message to a very select audience you get far greater connection.
3. Advertising creates awareness for your content – The force that drives a great deal of conversion and trust building these days is educational content – ebooks, seminars and blog posts – advertising is a great way to help get that content found and consumed once you’ve gone to the effort to produce it.
4. Advertising adds credibility to your message – Don’t ask me why this is exactly, but every time I run advertising people comment that business must be going well. The perception that you can afford advertising is often enough to sell and resell prospects and customers alike and makes it easier to get attention for your entire message.
5. Advertising amplifies everything else you’re doing – When you are using advertising to create awareness for your content you automatically create more awareness for everything you are doing. Journalists find companies that advertise, referral sources remember companies that advertise, people fan and follow and friend from ads, and employees can point to well-placed ads as a source of pride in place they work.
===========================
==========================
6a)
i)Accepting Deposit
ii)Advancing Of Loans
iii)Discounting Of Bill Of Exchange
iv)Cheque Payment
v)Remittance
6b)
- Intercepting contraband (such as illegal drugs)
-Checking travellers and their baggage, cargo and mail
-Assessing and collecting Customs duties, excise taxes and Goods and Services Tax (GST) on imports
-Protecting a country businesses against illegal trade
-Enforcing import and export restrictions and prohibitions
collecting accurate import and export data
===========================
*Mr Anderson Call or chat us at 08094186531*
==========================
7a.
BENIN
BURKINA FASO
CABO VERDE
CÔTE D'IVOIRE
The GAMBIA
GHANA
GUINEA
GUINEA BISSAU
LIBERIA
MALI
NIGER
NIGERIA
SENEGAL
SIERRA LEONE
TOGO
Choose any six only
7cLAKE CHAD BASIN
1) To enhance the agricultural potentials of the lake.
2) To provide water for rural and urban area.
Image
3) To construct and ensure proper maintenance of dams, wells and boreholes.
4) To control the pollution of the lake.
5) To undertake scheme to control erosion and flood of the border area.
NIGER BASIN COMMISSION (NBC)
The Niger Basin Commission (NBC) was established by countries located in the Niger Basin to maintain better corporation on the use of the River Niger. The member countries are Republic of Benin, Chad, Cameroon, Guinea, Burkina Faso, Nigeria, Mali, Cote d’Ivoire and Niger Republic. The treaty that established (NBC) was signed by the countries in October 1963.
AIMS AND OBJECTIVES OF NIGER BASIN COMMISSION (NBC)
1) To guide navigation on the River Niger.
2) To ensure the most effective utilization of the resources of the river.
3) To ensure the most effective use of the Niger water.
4) To provide studies on the agricultural potentials of the River Niger.
==============================✔
=============================
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