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Commerce 1992 WAEC Past Questions

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51
The following factor must be considered before setting up a retail business except?
  • A. capital
  • B. experience
  • C. location
  • D. size of market
  • E. public relationship
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52
Which of the following ancillary service helps to maintain close contact between buyers and sellers?
  • A. Tansport
  • B. Insurance
  • C. Banking
  • D. Communication
  • E. Advertising
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53
The system of collecting information with a view to determining the extent of demand for a product is known as?
  • A. advertising
  • B. marketing research
  • C. marketing
  • D. marketing segementation
  • E. communication
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54
Which of the following organizations aim primarily at protecting the consumer?
  • A. Standards Organization of Nigeria
  • B. Chambers of Commerce
  • C. State Security Service
  • D. Nigeria Red Cross Society
  • E. Manufacturers Association of Nigeria
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55
A modern method of retailing whereby customers can make their purchases without the help of an assistance or cashier is called?
  • A. Impulse buying
  • B. One-step-shopping
  • C. Self service
  • D. Automatic vending
  • E. Auction sales
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts