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Marketing Past Questions

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131

A market where specialists are needed before purchase decision is made is___________

  • A. Consumer market
  • B. Industrial market
  • C. Reseller market
  • D. Commodity market
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132

The set of controllable variable used to influence Consumers is__________

  • A. Promotional mix
  • B. Communication mix
  • C. Marketing mix
  • D. Product mix
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133

Miss Okon has just been employed by manufacturing merchandise its products at a retail outlet

a. State four elements that would qualify the company's products to be merchandized at the retail outlet

b. State six functions Miss Okon would perform as a merchandizer 

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134

a. State five features of the post- independence era in the history of marketing in Nigeria

b. Explain five functions of marketing in Nigeria.

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135

a. Explain the following concepts in marketing

(i) Product concept
(ii) Selling Concept
(iii) Production concept
(iv) Societal marketing concept

b. A product costs #4,000 to produce. The producer decides to sell the product for #6,000. Calculate the:

(i) Markup;
(ii) Percentage markup on cost;
(iii) Percentage markup on selling price.

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