Retail trade - Jamb Commerce Past Questions and Answers

Question 6:

• JAMB 2004

The use of vending machines in retailing is hindered in a developing economy owing to?

A. Poor distribution network
B. Low level of education
C. Inffective communication system
D. Lack os steady power supply

Question 7:

• JAMB 2008

A type of retail trade where a group of similar stores which is owned by a firm operates in different locations is a?

A. Conglomerate
B. Chain stores
C. Departmental store
D. Suppermarket

Question 8:

• JAMB 2009

A chain store usually combines the features of?

A. Mulitiple shops and departmental stores
B. Hypermarkets and stalls
C. Multiple shops and hypermarkets
D. Mail order business and multiple stops

Question 9:

• JAMB 2010

After-sales service is a function usually rendered by?

A. A retailer
B. A wholesaler
C. An agent
D. An enterpreneur

Question 10:

• JAMB 2019

The factors to be considered in setting up retail trade include all except_____

A. Capital
B. Experience
C. Location
D. Age