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Commerce Past Questions and Answers

Jamb Commerce Questions

Question 46:
An important issue for consideration in the product element of the marketing mix is the?
  • A Adequate of the peroduct
  • B Channel of diistribution of the product
  • C Price of the product
  • D Planing and development of the product
View Answer & Explanation
Question 47:
A group of companies is a collection of?
  • A Subsidiaries and their holding company
  • B Firms
  • C Associates and their holding company
  • D Industries
View Answer & Explanation
Question 48:
Which of the following is an example of trade associations?
  • A European Union
  • B National Marketing Board
  • C Organization of African Unity
  • D National Farmers' Council
View Answer & Explanation
Question 49:
which of the following is an determines the quality of goods and that a retailer sells?
  • A The mode of contract of sales
  • B The type of manufacturer
  • C The regulations regarding sales in the area
  • D The location of his shop
View Answer & Explanation
Question 50:
An advantage of hire purchase to the consumer is the?
  • A Economies of scale in production
  • B Possession of goods before payment
  • C Increase in turnover and profit
  • D Low interest rate chargeable
View Answer & Explanation