JAMB Past Questions and Answers - Page 254

1,266.

In product pricing, which of this element needs more consideration than others?

A.

the demand for the product

B.

the demography of the buyers of the product

C.

the economic conditions in the markkets

D.

the cost of producing the product

Correct answer is D

No explanation has been provided for this answer.

1,267.

Securities on which the buyers are not issued with certificate are called?

A.

authorized securities

B.

inscribed securities

C.

bearer securities

D.

registered securities

Correct answer is B

No explanation has been provided for this answer.

1,268.

One of the most important function of marketing is?

A.

encouraging research activitiesto meets needs

B.

creating classesof merchant among businessmen

C.

the extension of market for businessmen

D.

providing finances to business

Correct answer is A

No explanation has been provided for this answer.

1,269.

Which of the following industries is normally located near the source of its raw materials?

A.

Footware industry

B.

Cement industry

C.

Textile industry

D.

Automobile assembly

Correct answer is B

No explanation has been provided for this answer.

1,270.

Which of the following is a function of employers’ associate?

A.

undertaking research on behalf of employees

B.

promotion of thrift in workers

C.

promotion of workers'welfare

D.

Dissemination of information through sponsored journals

Correct answer is C

No explanation has been provided for this answer.