Question 281:

• WAEC 2021

The middlemen that buys in bulk and sells in bit is ____________

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

Question 282:

• WAEC 2021

Which of the following channels of distribution would a producer who wants to control its unit price use?

A. Producer / Consumer
B. Producer / Retailer / Consumer
C. Producer / Wholesaler / Retailer / Consumer
D. Producer / Agent / Retailer / Consumer

Question 283:

• WAEC 2021

An example of transportation document that is used or local trade is ____________

A. Waybill
B. Certificate of origin
C. Consular invoice
D. Bill of lading

Question 284:

• WAEC 2021

All individuals and units that buy goods for personal use constitute the ____________

A. Industrial market
B. Consumer market
C. Government market
D. Re-seller market

Question 285:

• WAEC 2021

Which of the following activities is not a function of a merchandiser?

A. Displaying products in the best location
B. Ldentifying potential new accounts
C. Maintaining and increasing shelf space
D. Cleaning and displaying of products