Neco Commerce 2007 Past Questions and Answers

Question 26:

• NECO 2007

Which of the following regards the consumer as king?

A. Consumer behavior
B. Marketing concept
C. Market mix
D. Pricing policy
E. Product mix

Question 27:

• NECO 2007

Shares, stocks, government bonds trade in the stock exchange marks: are known as ____________

A. Debentures
B. Gut-edged stocks
C. Merchandises
D. Securities
E. Treasure bills

Question 28:

• NECO 2007

The practice of selling some goods below market price to attract more customers is known as ____________

A. Hoarding
B. Loss leader
C. Market sharing
D. Profiteering
E. Speculating

Question 29:

• NECO 2007

Shares that are fully paid can be converted into bulks known as ____________

A. Bonds
B. Capital reserves
C. Debentures
D. Guilt-edged securities
E. Stocks

Question 30:

• NECO 2007

Telecommunication services are provided by ____________

A. Bureau De Change
B. Courier Services
C. Date Post
D. NIPOST
E. NITEL