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286

Which of the following is not an element of the marketing mix?

  • A. Place
  • B. Packaging
  • C. Price
  • D. Product
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287

Competitive price in marketing is arrived at by__________

  • A. Considering competitive demand for the product.
  • B. Adding mark-up to the cost price.
  • C. Setting price in relation to competitors' price.
  • D. Adding margin to the best price.
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288

Marketing is defined as_____________

  • A. Buying and selling to customers.
  • B. Selling and distribution customers.
  • C. Meeting customers need profitably.
  • D. Advertising and promotion to customers
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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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WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
289

A product by an organization for use in carrying out a business is_____________

  • A. An industrial product.
  • B. A specialty product.
  • C. A consumer product.
  • D. A convenience product.
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290

Which of the following cannot be used to identify a product?

  • A. Trade mark
  • B. Trade name
  • C. Pricing policy
  • D. Package
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
WAEC offline past questions - with all answers and explanations in one app - Download for free
Download WAEC May/June App - Get all past questions and answers, 100% offline - 43208