JAMB Commerce Past Questions & Answers - Page 211

1,051.

The oral presentation iv a conversation with one or more prospective buyers for the purpose of making sales is

A.

branding of goods

B.

personal selling

C.

packaging

D.

publicity

Correct answer is B

No explanation has been provided for this answer.

1,052.

Product X was introduced into the market at N4.00 with its cost of product at N3.90 while competing products are at N4.50. What pricing policy are producers of X adopting?

A.

market skimming

B.

market penetration

C.

product live promotion

D.

above the market pricing

Correct answer is A

No explanation has been provided for this answer.

1,053.

An underlined principle in the marketing of goods is that firms should

A.

Train their personnel

B.

be consumers oriented

C.

advertise the goods

D.

sell through outlets

Correct answer is B

No explanation has been provided for this answer.

1,055.

The type of securities that the stock exchange deals with are

A.

warrants, currency notes, money orders and postal orders

B.

cheques, bankdrafts , warrants and promissory notes

C.

bonds ivory, treasure bills, debentures and warrants

D.

stocks, shares, bonds and warrants.

Correct answer is D

No explanation has been provided for this answer.