Best Ice Cream Company Limited
Mrs.
Winifred Teye had worked since 1990 as a caterer in a restaurant of a large departmental store.
She worked long hours and earned good wages.
She saved regularly because she had the intention of starting her own business.
Her fortune turned around in September 2010 when she received financial support from her aunt, to complement her own savings.
Employment
They also reduce unemployment by employing people.
Unemployment is a challenge for many governments across the globe.
Therefore, it is the interest of any government to ensure the banking sector of the economy grows, to provide employment to many people.
The banking sector provides both direct and indirect employment to people.
We will analyze this.
How many questions are there in Business Management Paper 1?
There are 50 questions in the Paper 1.
Finally, there are 4 questions in the Paper 2.
The 4 questions is made up of 1 Case Study and 7 other questions.
You are suppose to answer question 1 and any other 3 questions from the Paper 2.
They are asked to tests the student’s general understanding of the various topics under business management.
Answer .
List Four Features of A Bill of Exchange in International Trade.
Suggested Answer: [expand title=””].
1) It must be in writing.
2) The order must be unconditional.
3) It must be addressed by one person to another and it must be an order to pay.
4) It must require payment to be made to a specified person or to the bearer.
5) It must be signed by the drawer.
6) It must require the buyer to pay a sum of money on dema.
List Three Attributes of Mrs. Teye as An Entrepreneur.
Suggested Answer: [expand title=””].
1) She believed in the training and development of here employees.
2) She developed the image and brand of her enterprise.
3) She makes the business premises very comfortable for operations.[/expand]
Making Payments on Behalf of Their Customers
They make payments on behalf of their customers upon the written consent of the customers.
Commercial Banks also receive dividends and other monies on behalf of their customers.
Serving as Trustees and Referees
Commercial banks serve as trustees and referees for their customers, recommending such customers when necessary to other banks.
Sources of Business Finance Available to A A Private Limited Liability Company
Issues of shares
State Four Functions of A Commercial Bank.
Suggested Answer: [expand title=””] Commercial Banks accept deposits from the general public including savings account, Deposit account and current account.
They therefore provide a safe place for keeping customer’s money.
These banks grant credit facilities to their customers in the forms of loans and overdrafts.
Commercial banks therefore provide.
There Are Three Parties to A Bill
The person who gives the order to pay – the The person to whom the order to pay is given – The person to whom payment is to be made.[/expand]
Where can I download Business Management Questions & Answers PDF?
It is my hope that you will excel and make it to the university level of education.
Also, you may search and download the business management questions and answers pdf from our site.
Very soon, Educareguide will compile the business management wassce past questions and answers pdf verstion for download.
Why should you choose a Business Management College?
Business Management colleges that award business management certificates are always delightful to admit students who have already studied business management subjects lists.
Truly, our site helps you with strategies on how to pass your business management examination.
Secondly, we have materials on business management major topics, sub-topics, etc.
