Jamb Commerce 2002 Past Questions and Answers

Question 46:

• JAMB 2002

An important issue for consideration in the product element of the marketing mix is the?

A. Adequate of the peroduct
B. Channel of diistribution of the product
C. Price of the product
D. Planing and development of the product

Question 47:

• JAMB 2002

A group of companies is a collection of?

A. Subsidiaries and their holding company
B. Firms
C. Associates and their holding company
D. Industries

Question 48:

• JAMB 2002

Which of the following is an example of trade associations?

A. European Union
B. National Marketing Board
C. Organization of African Unity
D. National Farmers' Council

Question 49:

• JAMB 2002

which of the following is an determines the quality of goods and that a retailer sells?

A. The mode of contract of sales
B. The type of manufacturer
C. The regulations regarding sales in the area
D. The location of his shop

Question 50:

• JAMB 2002

An advantage of hire purchase to the consumer is the?

A. Economies of scale in production
B. Possession of goods before payment
C. Increase in turnover and profit
D. Low interest rate chargeable