WAEC Past Questions and Answers - Page 2655

13,271.

In a cabinet system of government, the minister are collectively responsible to the

A.

president

B.

parliament

C.

electorate

D.

judiciary

Correct answer is B

No explanation has been provided for this answer.

13,272.

A constitutional created account into which all public revenue is paid is called

A.

Provident fund

B.

Social Security Fund

C.

Public Accounts Fund

D.

Consolidated Fund

Correct answer is D

No explanation has been provided for this answer.

13,273.

Marketing is defined as_____________

A.

Buying and selling to customers.

B.

Selling and distribution customers.

C.

Meeting customers need profitably.

D.

Advertising and promotion to customers

Correct answer is C

No explanation has been provided for this answer.

13,274.

Competitive price in marketing is arrived at by__________

A.

Considering competitive demand for the product.

B.

Adding mark-up to the cost price.

C.

Setting price in relation to competitors' price.

D.

Adding margin to the best price.

Correct answer is C

No explanation has been provided for this answer.

13,275.

Which of the following is not an element of the marketing mix?

A.

Place

B.

Packaging

C.

Price

D.

Product

Correct answer is B

No explanation has been provided for this answer.