WAEC Marketing Past Questions & Answers - Page 59

291.

The application of marketing activities beyond a country's national boundaries is_____

A.

Domestic marketing

B.

Wholesale marketing

C.

Retail marketing

D.

International marketing

Correct answer is D

No explanation has been provided for this answer.

292.

A facility that would be used by a producer that wants to reduce fluctuations in product supply is_____

A.

Wholesaling

B.

Retailing

C.

Warehousing

D.

Merchandizing

Correct answer is A

No explanation has been provided for this answer.

293.

Which of these means of advertising is an electronic medium?

A.

Catalogue

B.

Television

C.

Magazine

D.

Newspaper

Correct answer is B

No explanation has been provided for this answer.

294.

An advantage of road transportation over air transportation is that____

A.

Fares are not fixed but negotiable

B.

It is suitable for carrying bulky goods

C.

Movements are on special routes

D.

It is a faster means of moving goods

Correct answer is A

No explanation has been provided for this answer.

295.

A type of pricing where a buyer and a seller continue to bargain until an agreement is reached for the price of a product is______

A.

Cost-plus

B.

Haggling

C.

Hedging

D.

Loss-leader

Correct answer is B

No explanation has been provided for this answer.