WAEC Marketing Past Questions & Answers - Page 68

336.

Which of the following channels of distribution would a producer who wants to control its unit price use?

A.

Producer / Consumer

B.

Producer / Retailer / Consumer

C.

Producer / Wholesaler / Retailer / Consumer

D.

Producer / Agent / Retailer / Consumer

Correct answer is A

No explanation has been provided for this answer.

337.

The middlemen that buys in bulk and sells in bit is ________

A.

A retailer

B.

An agent

C.

A wholesaler

D.

A broker

Correct answer is C

No explanation has been provided for this answer.

338.

The cheapest mode of transportating imported cars from America to Nigeria is by _______

A.

Air

B.

Road

C.

Water

D.

Rail

Correct answer is C

No explanation has been provided for this answer.

339.

The body formed by sellers of a common product in a local market is an example of ________

A.

Market union

B.

Manufacturer's association

C.

Trade union

D.

Consumer's association

Correct answer is C

No explanation has been provided for this answer.

340.

Individual or films that enhance business activities but do not participate directly in the business are_______

A.

Market unions

B.

Market facilitators

C.

Wholesalers

D.

Retailers

Correct answer is B

No explanation has been provided for this answer.