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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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NECO offline past questions - All questions, answers & explanations in one app 25712
4346

What is a quota?

  • A. ban on all imported goods
  • B. a physical restriction placed on quantity of goods that can be imported
  • C. tax paid on goods produced within a country
  • D. tax paid on goods produced outside a country
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4347

The four P's of marketing are also known as

  • A. marketing mix
  • B. product mix
  • C. promotion mix
  • D. advertising mix
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4348

The difference between the central bank and commercial bank is that the former

  • A. serves as lender of last resort
  • B. discount treasury bills
  • C. saves valuable of individual
  • D. give loans to the public
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NECO offline past questions - All questions, answers & explanations in one app 25712
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
4349

If a business uses part of its profit to develop the area where it operates, the business is fulfilling its

  • A. marketing responsibilities
  • B. managerial responsibilities
  • C. economic responsibilities
  • D. social responsibilities
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4350

The process of buying, selling and distribution of goods and services is

  • A. marketing concept
  • B. marketing
  • C. retail trade
  • D. commerce
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts