Retail trade - 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 2020

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

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

Question 3:

• 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 4:

• 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 5:

• 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