NECO Past Questions and Answers - Page 47

231.

Combination of methods used by a firm for marketing its product is known as .......

A.

marketing concept

B.

marketing mix

C.

market research

D.

market segmentation

E.

market share

Correct answer is B

No explanation has been provided for this answer.

232.

A public limited company can borrow from the public to increase its capital by

A.

debentures

B.

mortgage

C.

share

D.

stocks

E.

treasury bills

Correct answer is A

No explanation has been provided for this answer.

233.

The service of a teacher is in the classification of

A.

commerce

B.

direct service

C.

extractive occupation

D.

indirect services

E.

industrial occupation

Correct answer is D

No explanation has been provided for this answer.

234.

A form of business unit in which members are given patronage allowance is

A.

co-operative society

B.

joint stock company

C.

public corporation

D.

partnership

E.

sole proprietorship

Correct answer is A

No explanation has been provided for this answer.

235.

Which of the following organizations look after harbours, docks and waterways in Nigeria?

A.

Nigeria Ports Authority

B.

Nigeria Navy

C.

Nigeria Export Promotion Council

D.

Nigeria Shippers Council

E.

Nigeria Customs Service

Correct answer is A

No explanation has been provided for this answer.