WAEC Commerce Past Questions & Answers - Page 253

1,261.

The performance of business activities that directs the flow of goods and services from the producer to the consumer is?

A.

marketing

B.

merchandising

C.

transportation

D.

production

E.

marketing mix

Correct answer is A

No explanation has been provided for this answer.

1,262.

Which of the following is a form of sales promotion?

A.

Advertising through radio

B.

Advertising by television

C.

Distributing printed sales literature

D.

Offering free samples to customers

E.

Advertising by posters

Correct answer is D

No explanation has been provided for this answer.

1,263.

The insured is prevented from making profit from claims under more than one policy for the same risk by the principle of?

A.

Contribution

B.

Surbrogation

C.

Utmost good faith

D.

Proximate cause

E.

Insurable interest

Correct answer is B

No explanation has been provided for this answer.

1,264.

Which of the following assigns a name to a product?

A.

Copyright

B.

Packaging

C.

Labelling

D.

Patent

E.

Branding

Correct answer is E

No explanation has been provided for this answer.

1,265.

Which of the following is used to stimulate sales?

A.

Finance

B.

Insurance

C.

Warehousing

D.

Advertising

E.

Banking

Correct answer is D

No explanation has been provided for this answer.