Jamb Commerce 2017 Past Questions and Answers

Question 41:

• JAMB 2017

The Nigeria Stock Exchange consist of ______

A. Primary and secondary-tier market
B. Secondary and primary market
C. Money and commodities market
D. Commercial and mortgage market

Question 42:

• JAMB 2017

A system where customer patronage is sought by producing what they need is referred to as _______?

A. Sales promotion
B. Market promotion
C. Product promotion
D. Market orientation

Question 43:

• JAMB 2017

The scope of commerce is limited to ________

A. Wholesale and entrepot trade
B. Trade and aids-to-trade
C. Wholesale and retail trade
D. Home and foreign trade

Question 44:

• JAMB 2017

Which of the following is an item in the marketing mix?

A. Demand
B. Promotion
C. Market
D. Consumer

Question 45:

• JAMB 2017

The business unit that applies the principle of one man, one vote is ______

A. Sole proprietorship
B. Partnership
C. Public company
D. Co-operative society