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Tuesday, 26 November 2024

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Commerce Past Questions


Question 411:


A shortcoming of the Second-tier Foreign Exchange Market in Nigeria is that it

A. Serves as a mechanism for evaluating an unrealistic exchange rate for the naira
B. Creates unhealthy competition amongst users of foreign exchange
C. Contributes to destabilizing national resource allocation
D. Contributes to flooding the market with foreign essential commodities


Question 412:


The chart above represent the?

A. Product mix relationship
B. Marketing mix relationship
C. Promotion mix elationship
D. Advertising mix relationship


Question 413:


A group of specialized functions of marketing is

A. Buying, selling, storing and information
B. Buyimg, selling, advertising and packaging
C. Buying, selling, labelling and promotion
D. Buying , selling, skimmimg and pricing


Question 414:


The type of advertising that seeks to persuade consumers to buy a particular product is

A. Informative advertising
B. Competitive advertising
C. Persuasive advertising
D. Mass and specific advertising


Question 415:


The practice whereby soft drink manufacturers give away caps, bags and other items when consumers buy their product is a form of

A. Marketing strategies
B. Publicity
C. Advertising
D. Saels promotion






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