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Commerce Past Questions

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1971
Business activities responsible for identifying, anticipating and satisfying customer's requirements profitably are called
  • A. advertising
  • B. public relations
  • C. marketing
  • D. sales promotion
  • E. sales management
View Answer & Discuss WAEC 1998
1972
Which of the following is a demerit of advertising?
  • A. Increases per-unit cost of goods
  • B. Leads to increased profit for producers
  • C. Provides information for customers
  • D. Reduces per-unit cost of goods
  • E. Increases competiton among producers
View Answer & Discuss WAEC 1998
1973
Which of the following s a form of public relations?
  • A. Feature articles
  • B. Window display
  • C. Catalogue
  • D. Transportation and delivery services
  • E. Personal selling
View Answer & Discuss WAEC 1998
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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1974
When a firm sets a low price for new product, this is said to be
  • A. market swimming
  • B. competitive pricing
  • C. penetration pricing
  • D. loss leader pricing
  • E. target pricing
View Answer & Discuss WAEC 1998
1975
Ola presented his motor-cycle for sale to Musa at a cost of #8,000. Musa agreed and bought the vehicle at the same amount.
The #8,000 for the sale is
  • A. an offer
  • B. an acceptance
  • C. a consideration
  • D. a warranty
  • E. a security
View Answer & Discuss WAEC 1998
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