WAEC Past Questions and Answers - Page 2658

13,286.

A price reduction to a buyer who buys in large volume is________

A.

Seasonal discount.

B.

Cash discount.

C.

Quantity discount.

D.

Trade discount.

Correct answer is C

No explanation has been provided for this answer.

13,287.

The first among the marketing orientation is_________

A.

Product concept.

B.

Marketing concept.

C.

Selling concept.

D.

Production concept.

Correct answer is D

No explanation has been provided for this answer.

13,288.

An entrepreneur is primarily engaged in_________

A.

Innovation

B.

Transportation

C.

Distribution

D.

Promotion

Correct answer is A

No explanation has been provided for this answer.

13,289.

An argument against advertisement is that it__________

A.

Hides products.

B.

Widens the market.

C.

Stimulates demand.

D.

Misleads customers.

Correct answer is C

No explanation has been provided for this answer.

13,290.

A feature of cash and carry wholesaler is that it___________

A.

Provides hire purchase service to customers.

B.

Charges lower prices than other wholesalers.

C.

Provides delivery service to retailers.

D.

Offers credit facilities to retailers.

Correct answer is B

No explanation has been provided for this answer.