WAEC Past Questions and Answers - Page 84

416.

Any activity aimed at finding out the wants of consumers and supplying them at a profit is referred to as?

A.

promotion

B.

marketing

C.

segmentation

D.

penetration

Correct answer is B

No explanation has been provided for this answer.

417.

Which of the following is not reason for nationalization

A.

Encouraging foreign investors

B.

Reducing the remittance of profits abroad

C.

Training local enterpreneus

D.

Controlling the country's key industries

Correct answer is A

No explanation has been provided for this answer.

418.

The process of putting goods in attractive packets to arouse the interest of customers is

A.

collation

B.

wrapping

C.

branding

D.

packaging

Correct answer is B

No explanation has been provided for this answer.

419.

The monopoly right granted to an inventor is a

A.

trademark

B.

brand name

C.

patent

D.

copyright

Correct answer is C

No explanation has been provided for this answer.

420.

Who among the following is a middlemen?

A.

Manufacturer

B.

Agent

C.

Insurer

D.

Consumer

Correct answer is B

No explanation has been provided for this answer.