WAEC Past Questions and Answers - Page 160

796.

The main reason for advertising an already existing line of products is to

A.

develop customers' awareness

B.

entertain customers

C.

introduce a price deal

D.

build brand recognition

E.

retain old customers

Correct answer is D

No explanation has been provided for this answer.

797.

Which of the following is a function of advertising?

A.

Stimulation of demand

B.

Leads to market segmentation

C.

Maintenance of quality

D.

Determining selling price

E.

Provision of market information

Correct answer is A

No explanation has been provided for this answer.

798.

Which of the following mostly serves as a useful promotional device for consumer goods?

A.

Trade mark

B.

Labelling

C.

Standardization

D.

Grading

E.

Packaging

Correct answer is E

No explanation has been provided for this answer.

799.

Which of the following monitors people's opinion about a firm and takes measures to correct adverse impressions?

A.

Public Relations

B.

Advertising

C.

Sales Promotion

D.

Exhibitions

E.

Trade Fairs

Correct answer is A

No explanation has been provided for this answer.

800.

The intangible benefits arising from the business connections and reputation of a firm is called

A.

interest

B.

goodwill

C.

commission

D.

bonus

E.

dividend

Correct answer is B

No explanation has been provided for this answer.