WAEC Marketing Past Questions & Answers - Page 34

166.

The source of finance available to a young school leaver who wants to start a small retail outlet is

A.

bank overdraft

B.

equipment leasing

C.

debenture shares

D.

personal savings

Correct answer is D

No explanation has been provided for this answer.

167.

The study of how individuals and organizations select and buy products to satisfy their needs is

A.

consumerism

B.

consumer behaviour

C.

consumption management

D.

group behaviour

Correct answer is B

No explanation has been provided for this answer.

168.

The pricing method that consists of production cost and mark-up is

A.

cost-plus

B.

loss-leader

C.

target pricing

D.

imitational pricing

Correct answer is C

No explanation has been provided for this answer.

169.

A toothbrush attached to a toothpaste is an example of

A.

premium offer

B.

price off

C.

loyalty scheme

D.

merchandising incentive

Correct answer is C

No explanation has been provided for this answer.

170.

Which of the following terms is not an alternative name of middlemen?

A.

channel members

B.

marketing intermediaries

C.

resellers

D.

merchandisers

Correct answer is D

No explanation has been provided for this answer.