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Jamb Commerce Past QuestionsJamb Past Questions and Answers on Elements of MarketingQuestion 21:When a vendor supplies newspapers from house to house and across the streets, the element of marketing mix involved is A. Product B. Price C. Promotion D. Place Question 22:The main advantage of using cinema as an advertising medium is that it is A. Cheap B. Accurate C. Accessible D. Informative Question 23:One of the criteria for differentiating consumers markets from industrial ones is the A. Type of demand B. Type of supply C. Nature of the services rendered D. Price of the goods Question 24:An underlined principle in the marketing of goods is that firms should A. Train their personnel B. Be consumers oriented C. Advertise the goods D. Sell through outlets Question 25:Product X was introduced into the market at N4.00 with its cost of product at N3.90 while competing products are at N4.50. What pricing policy are producers of X adopting? A. Market skimming B. Market penetration C. Product live promotion D. Above the market pricing |
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