Question 251:

• WAEC 2020

The process that leads to the exchange of value between two or more parties is ____________

A. Transaction
B. Production
C. Distribution
D. Transpotation

Question 252:

• WAEC 2020

A short-term incentive used to encourage the purchase of a product is ____________

A. Advertising
B. Personal Selling
C. Sales promotion
D. Publicity

Question 253:

• WAEC 2020

The tools used by marketers to pursue their objectives in the market is marketing ____________

A. Audit
B. Mix
C. Research
D. Intelligence

Question 254:

• WAEC 2020

Activities or benefits offered for sale are ____________

A. Brands
B. Value
C. Customizing
D. Profit

Question 255:

• WAEC 2020

A warehouse owned and operated by a company for its own is a ____________

A. Public warehouse
B. Private warehouse
C. Bonded warehouse
D. Co-operative warehouse