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1676

Management of a business involves the development of ideas for the

  • A. distribution of goods and services that human wants
  • B. transportation of goods and services that human wants
  • C. transfer of title of ownership of goodsand services to individuals
  • D. production of goods and services that satisfy human needs
View Answer & Discuss JAMB 2013
1677

Which of the following is used as a pricing policy?

  • A. Packaging
  • B. Market selection
  • C. Labelling
  • D. Market skimming
View Answer & Discuss JAMB 2013
1678

The essential utility derived from the use of a product is known as

  • A. augmented benefit
  • B. branded benefit
  • C. core benefit
  • D. formal benefit
View Answer & Discuss JAMB 2013
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1679

The breaking down of a market into separate and identifiable elements is known as

  • A. differentiation
  • B. segmentation
  • C. skimming
  • D. penetration
View Answer & Discuss JAMB 2013
1680
A contract that is acknowledged before the law court is referred to as
  • A. informal contract
  • B. formal contract
  • C. contract of records
  • D. specialty contract
View Answer & Discuss (2) JAMB 2013
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