WAEC Commerce Past Questions & Answers - Page 148

736.

Which of the following is a function of advertising?

A.

Stimulation of demand

B.

Leads to market segmentation

C.

Maintenance of quality

D.

Determining selling price

E.

Provision of market information

Correct answer is A

No explanation has been provided for this answer.

737.

Which of the following mostly serves as a useful promotional device for consumer goods?

A.

Trade mark

B.

Labelling

C.

Standardization

D.

Grading

E.

Packaging

Correct answer is E

No explanation has been provided for this answer.

738.

Which of the following monitors people's opinion about a firm and takes measures to correct adverse impressions?

A.

Public Relations

B.

Advertising

C.

Sales Promotion

D.

Exhibitions

E.

Trade Fairs

Correct answer is A

No explanation has been provided for this answer.

739.

The intangible benefits arising from the business connections and reputation of a firm is called

A.

interest

B.

goodwill

C.

commission

D.

bonus

E.

dividend

Correct answer is B

No explanation has been provided for this answer.

740.

The reorganization of public enterprises to operate as profit-making ventures is known as

A.

privatization

B.

nationalization

C.

indeginization

D.

commercialization

E.

harmonization

Correct answer is D

No explanation has been provided for this answer.