JAMB Commerce Past Questions & Answers - Page 219

1,091.

One of the criteria for differentiating consumers markets from industrial ones is the

A.

type of demand

B.

type of supply

C.

nature of the services rendered

D.

price of the goods

Correct answer is A

No explanation has been provided for this answer.

1,092.

The most important pieces of legislation governing business and commercial activities in Nigeria currently is the

A.

Companies degree,1968

B.

Trade Disputes degree, 1976

C.

Companies and Allied matters degree,1990

D.

Banks and Other Financial institution degree,1991

Correct answer is C

No explanation has been provided for this answer.

1,093.

When old customers stick to the old place to buy goods and services,it is known as

A.

goodwil

B.

personal factor

C.

window shopping

D.

patronage

Correct answer is A

No explanation has been provided for this answer.

1,094.

The main advantage of using cinema as an advertising medium is that it is

A.

cheap

B.

accurate

C.

accessible

D.

informative

Correct answer is C

No explanation has been provided for this answer.

1,095.

When a vendor supplies newspapers from house to house and across the streets, the element of marketing mix involved is

A.

product

B.

price

C.

promotion

D.

place

Correct answer is D

No explanation has been provided for this answer.