Neco Commerce 2007 Past Questions and Answers

Question 16:

• NECO 2007

Which of the following is an invisible item of trade?

A. Banking Service
B. Petroleum Product
C. Processed Rice
D. Processed Milk
E. Processed Yam Flour

Question 17:

• NECO 2007

Income distribution, nature of natural resources, investment etc. forms part of ____________ business environment.

A. Cultural
B. Economic
C. Political
D. Social
E. Technological

Question 18:

• NECO 2007

The fee for sending a telegram depends on the ____________

A. Number of lines contained by the message
B. Number of words contained in the message
C. The security of the message
D. Time it would take the message to reach its destination
E. Urgency of the message

Question 19:

• NECO 2007

The combination of product, price, ____________

A. Consumer orientation
B. Marketing concept
C. Marketing mix
D. Marker research
E. Product mix

Question 20:

• NECO 2007

Use the following information to answer question

Kolawole’s Opening Stock was N10, 000. His purchases was N280,000 Goods returned outward was N3,000, and the Closing Stock was N8,000
Kolawole’s average stock is?

A. N9,000.00
B. N10, 000.00
C. N279,000.00
D. N280,000.00
E. N290,000.00