WAEC Commerce Past Questions & Answers - Page 188

936.

It is often said that "the consumer is always right" This describes the doctrine of?

A.

consumer movement

B.

consumer sovereignty

C.

caveat emptor

D.

consensus ad idem

Correct answer is B

No explanation has been provided for this answer.

937.

When all producers in an industry combine to advertise their product instead of each firm advertising its own brand, this is referred as?

A.

mass advertising

B.

competitive advertising

C.

persuasive advertising

D.

direct advertising

Correct answer is A

No explanation has been provided for this answer.

938.

A retailer sells his product at "Buy-two-take three" The sales promotion method referred to is?

A.

free sample

B.

gift

C.

premium

D.

trade

Correct answer is C

No explanation has been provided for this answer.

939.

Which of the following does not belong to the group?

A.

Posters

B.

Window display

C.

Free samples

D.

Hoarding of goods

Correct answer is D

No explanation has been provided for this answer.

940.

One disadvantage of of rail transport is?

A.

suitability for fragile goods

B.

obsence of pilferage

C.

vulnerability to severe weather

D.

inflexibility

Correct answer is D

No explanation has been provided for this answer.