Commerce 2007 Jamb Past Questions and Answers

Question 6 :

• JAMB 2007

The major achievement of ECOWAS is?

A. The expansion of regional trade
B. The emergance of a monetary union
C. Infrastructural development in member countries
D. Mobility of labour among member countries

Question 7 :

• JAMB 2007

An announcement of a person's willingness to enter into a contract is referred to as?

A. A proxy
B. An offer
C. A consideration
D. An acceptance

Question 8 :

• JAMB 2007

The macro-environment forces and trends which are a constraint on business operations are referred to as?

A. Technological factors
B. Economic factors
C. External factors
D. Internal factors

Question 9 :

• JAMB 2007

Personal selling is most effective in marketing industrial goods because it involves?

A. Recongnition and attachment to customers
B. Personal interaction and information gathering
C. Demonstrations and product acceptability
D. After-sales services and product demonstrations

Question 10 :

• JAMB 2007

The controllable variables that a firm uses to achieve its marketing objectives are called?

A. Marketing principles
B. Marketing mix
C. Marketing concepts
D. Marketing functions