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Jamb Commerce Past QuestionsQuestion 61:A major merit of the retaining middlemen is to _______ A. Pay cash to the bank: for manufacturers B. Stock perishable goods C. Regulate price for manufacturers D. Stock goods produced by different manufacturer Question 62: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 63:Which of the following is an item in the marketing mix? A. Demand B. Promotion C. Market D. Consumer Question 64:A disadvantage of personal selling is that it A. Increase a company’s number of customers B. Reduces a company area of patronage C. Increases a company’s operating costs D. Decreases a company’s operating costs Question 65:The elements in marketing mix that ensures goods are available when and where needed is A. Promotion B. Price C. Product D. Place |
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