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Wednesday, 30 September 2026
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Commerce Past Questions and Answers

Commerce Questions

Question 261:
An underlined principle in the marketing of goods is that firms should
  • A Train their personnel
  • B Be consumers oriented
  • C Advertise the goods
  • D Sell through outlets
View Answer & Explanation
Question 262:
Product X was introduced into the market at N4.00 with its cost of product at N3.90 while competing products are at N4.50. What pricing policy are producers of X adopting?
  • A Market skimming
  • B Market penetration
  • C Product live promotion
  • D Above the market pricing
View Answer & Explanation
Question 263:
The oral presentation iv a conversation with one or more prospective buyers for the purpose of making sales is
  • A Branding of goods
  • B Personal selling
  • C Packaging
  • D Publicity
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Question 264:
Personnel activities that promote the general image of an organization are part of
  • A Advertising
  • B Sales promotion
  • C Public relations
  • D Business correspondence
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Question 265:
An agent must not make any secret profit in the performance of his duties but can be rewarded by his principal through
  • A Remuneration and indemnity
  • B Payments of commision and salary
  • C Granting of business concessions
  • D Forwarding of business links
View Answer & Explanation