WAEC Commerce Past Questions & Answers - Page 215

1,071.

The greatest advantage of air transport over all other means of transport is it's?

A.

comfort

B.

safety

C.

speed

D.

flexibility

Correct answer is C

No explanation has been provided for this answer.

1,072.

Product pricing, distribution and promotions are elements of?

A.

marketing mix

B.

marketing research

C.

sales promotion

D.

product orientation

Correct answer is A

No explanation has been provided for this answer.

1,073.

An association businessmen including manufacturers, traders, bankers and people engaged in business in an area is known as?

A.

trade associate

B.

chamber of commerce

C.

trade union

D.

cooperative society

Correct answer is B

No explanation has been provided for this answer.

1,074.

The turnover of a company will improve if the company increases?

A.

Advertising

B.

prices of goods

C.

production

D.

warehousing facilities

Correct answer is C

No explanation has been provided for this answer.

1,075.

The term "21/4%40 days"refers to?

A.

mark-up

B.

trade discount

C.

cash discount

D.

value added tax

Correct answer is B

No explanation has been provided for this answer.