Theory question 107
CommunicationCommerce 2 (answer five questions)
Explain five ways by which NITEL has contributed to the success of business in Nigeria.
Show the model answer
Model answer
Any five, explained: telephone services – quick contact between buyers and sellers and among branches; telex and fax – fast written messages for orders and confirmations; telegrams and cablegrams; international (overseas) calls aiding foreign trade; data transmission linking banks and offices; reduces travel cost and time; speeds up decision-making and transactions; supports advertising and marketing; employment and revenue.
Explanation
Link each NITEL service to a benefit for business.