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Commerce 2012 WAEC Past Questions

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36

The combination of product, price, promotion and distribution decisions employed by a company is referred to as

  • A. pricing policy
  • B. marketing mix
  • C. product mix
  • D. marketing concept
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37

The document which specifies the manufacturer from whom goods are to be imported is

  • A. closed indent
  • B. open indent
  • C. export invoice
  • D. consignment note
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38

Who among the following generally has no capacity to enter into a valid contract

  • A. School principals
  • B. Infants
  • C. Agents
  • D. Religious ministers
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39

The satisfaction of customers in all business activities is emphasized by

  • A. market research
  • B. marketing concept
  • C. marketing mix
  • D. product differentiation
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40

The document which is used when a country imposes ad valorem duties is

  • A. bill of lading
  • B. consular invoice
  • C. certificate of origin
  • D. open indent
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