Home Trade - Jamb Commerce Past Questions and Answers

Question 6:

• JAMB 1994

The use of coin-operated machines to sell goods is a form of

A. Personal selling
B. Retailing
C. Wholesaling
D. Mail-order selling

Question 7:

• JAMB 1994

What is the major function of the wholesaler?

A. Buying from small-scale producers and selling to exporters
B. Buying in bulk and selling in small quantities
C. Granting of credit facilities to retailers
D. Providing information to manufacturers on market situation

Question 8:

• JAMB 1998

A machine which enable s sales without the physical presence of a sales attendant is a

A. Computer machine
B. Vending machine
C. Telex machine
D. Fax machine

Question 9:

• JAMB 1999

The overriding advantage of home trade over foreign trade is

A. Accessibility of seller to buyer
B. Absence of many documents
C. Ease in language of transaction
D. Ease in form of payment

Question 10:

• JAMB 2000

The current trend in retailing competition in Nigeria are?

A. Advertising and sales promotion strategies
B. Branding, enterprising and diffrentiation of goods and services
C. Self-service, after-sales service and services and branding strategies
D. After-sales services and sales promotion strategies