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Commerce Past Questions and Answers

Commerce Questions

Question 26:
The second tier security market is
  • A An appendage to the Nigeria stock exchange
  • B A member of the Nigeria stock exchange
  • C Meant for the shares of quoted private companies
  • D A regulating arm of the Nigerian stock exchange
View Answer & Explanation
Question 27:
The element of the marketing mix are
  • A Product, promotion, place and price
  • B [personal selling, advertising and research
  • C Promotion, production, place and price
  • D Procurement, price, product and place
View Answer & Explanation
Question 28:
Which of the following items has the shortest effect on the consumer
  • A Fashion
  • B Innovation
  • C Fad
  • D Attribute
View Answer & Explanation
Question 29:
Which of the following is a form of sales promotion
  • A Advertising on radio
  • B Offering free sample
  • C Distributing printed materials
  • D Advertising on television
View Answer & Explanation
Question 30:
One advantage of personal selling over all other elements of promotion is that
  • A It can provide instant feedback
  • B It is very cheap in terms of cost per contact
  • C It does not need to use mass media
  • D Sales people are wewll trained
View Answer & Explanation