Commerce JAMB, WAEC, NECO AND NABTEB Official Past Questions

43

One of the functions of the wholesaler is to?

  • A. forecast prices
  • B. reduce prices of goods
  • C. promote sales
  • D. analyse sales periodically
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44

A chain store usually combines the features of?

  • A. mulitiple shops and departmental stores
  • B. hypermarkets and stalls
  • C. multiple shops and hypermarkets
  • D. mail order business and multiple stops
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45

The major components of modern retailing include?

  • A. branding, doorstep selling and customer stimulation
  • B. branding, sales promotion and mail order
  • C. chain store, customer stimulating and doorstep selling
  • D. branding, supermarkets and after sales-service
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46

Primary production is associated with?

  • A. banking
  • B. manufacturing
  • C. agriculture
  • D. construction
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47

Resources harnessed in certain proportion to create goods and services are?

  • A. factors of production
  • B. technology and labour
  • C. land and entrepreneur
  • D. raw materials
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48

The service of a textile worker are an example of?

  • A. extractive activity
  • B. commercial activity
  • C. manufacturing
  • D. construction
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49

An aid to trade associated with communications is?

  • A. advertisement
  • B. transportation
  • C. warehousing
  • D. insurance
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50

The central focus of commercial activities is?

  • A. pricing
  • B. advertising
  • C. trading
  • D. marketing
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