Commerce questions and answers

Commerce Questions and Answers

Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.

3,161.

One advantage of personal selling over all other elements of promotion is that

A.

it can provide instant feedback

B.

it is very cheap in terms of cost per contact

C.

it does not need to use mass media

D.

sales people are wewll trained

Correct answer is A

No explanation has been provided for this answer.

3,162.

Which of the following is a form of sales promotion

A.

advertising on radio

B.

offering free sample

C.

distributing printed materials

D.

advertising on television

Correct answer is B

No explanation has been provided for this answer.

3,163.

Which of the following items has the shortest effect on the consumer

A.

fashion

B.

innovation

C.

fad

D.

attribute

Correct answer is B

No explanation has been provided for this answer.

3,164.

The element of the marketing mix are

A.

product promotion, place and price

B.

personal selling, advertising and research

C.

promotion, production, place and price

D.

procurement, price, product and place

Correct answer is A

No explanation has been provided for this answer.

3,165.

The second tier security market is

A.

an appendage to the Nigeria stock exchange

B.

a member of the Nigeria stock exchange

C.

meant for the shares of quoted private companies

D.

a regulating arm of the Nigerian stock exchange

Correct answer is B

No explanation has been provided for this answer.