Which of the Following About the Business Community in Nigeria

question 9

Multiple Choice

Which of the following about the business community in Nigeria is NOT true?

• A) Business groups have frequently supported and colluded with corrupt military and civilian governments.
• B) Recently, business groups have begun to take a more political stance by advocating better governance.
• C) The Nigerian business class has historically been described as "pirate capitalists" due to their corrupt practices and high level of collusion with state officials.
• D) The largest business organization is the Nigerian Association of Chambers of Commerce, Mines and Agriculture.
• E) Business groups have never had a say in the development of economic policy.

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Definitions:

Strategic Plan

A long-term, forward-looking approach with overarching goals and objectives which guides the overall direction of an organization or business.

Ford Motor Company

An American multinational automaker known for automobile manufacturing as well as the production of commercial vehicles and luxury cars.

Automobile Production

The process of manufacturing cars, involving various stages from design and fabrication to assembly and quality control.

Operational Excellence

The strategic pursuit of efficient operations to deliver products or services faster, cheaper, and with higher quality than the competition.