Place - Jamb Commerce Past Questions and Answers

Question 1:

• JAMB 1994

Commerce is defined as the study of how

A. Man utilizes the resources in his physical environment
B. Man produces, distributes and consumes his goods and services
C. Man buys, sells and distributes goods and services
D. Raw materials are changed into finished goods

Question 2:

• JAMB 1995

In the channel of distribution, which of the following sets is entirely made up of middlemen?

A. Wholesalers, retailers and agents
B. Manufacturers, consumers and retailers
C. Wholesalers, agents and consumers
D. Retailers, manufacturers and wholesalers

Question 3:

• JAMB 1997

The main aim of selling directly to consumers by manufactures is to

A. Dis courage the activities of middlemen
B. Make contacts with comsumers
C. Eliminate transportation cost
D. Maximize the profit margin

Question 4:

• JAMB 1997

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 5:

• JAMB 2012

Good and services are made available to consumers through

A. The channel of distribution
B. Sales promotion
C. The advertising agency
D. The middle men