Which of the following is an item in the marketing mix?
Demand
promotion
market
consumer
Correct answer is B
Marketing can be defined as the controlling of variables that a firm makes use of in its policies in order to influence the buyer's choice and boost sales. The 4ps are Product, Price, Place and Promotion.
This is aimed at bringing the existed goods or products to the knowledge of those it is meant for. It is aimed at stipulating demand and increasing sales.
The scope of commerce is limited to ________
wholesale and entrepot trade
trade and aids-to-trade
wholesale and retail trade
home and foreign trade
Correct answer is B
No explanation has been provided for this answer.
A system where customer patronage is sought by producing what they need is referred to as _______?
sales promotion
market promotion
product promotion
market orientation
Correct answer is D
Focuses on delivering products designed according to customer desires, needs and requirements.
The Nigeria Stock Exchange consist of ______
primary and secondary-tier market
secondary and primary market
money and commodities market
commercial and mortgage market
Correct answer is B
Primary market refers to the market where securities are bought while secondary market is a market where existing securities are traded.
Risk bearing in business organisation is a function of the _____
employees
customers
entrepreneur
manager
Correct answer is C
Organises business venture and assumes the risk.