WAEC Past Questions and Answers - Page 2742

13,706.

A type of pricing where a buyer and a seller continue to bargain until an agreement is reached for the price of a product is______

A.

Cost-plus

B.

Haggling

C.

Hedging

D.

Loss-leader

Correct answer is B

No explanation has been provided for this answer.

13,707.

A document used in domestic transportation is____

A.

Manifest

B.

Receipt

C.

Export invoice

D.

Consular invoice

Correct answer is A

No explanation has been provided for this answer.

13,708.

Which of the following e-marketing abuses involves an unauthorized use of somebody's identity to extract information?

A.

Hacking

B.

Spam

C.

Phishing

D.

Cyber fraud

Correct answer is A

No explanation has been provided for this answer.

13,709.

Which of these factors is not a price determinant?

A.

Level of market demand

B.

Economic trend

C.

Standard of living

D.

Competitor's price

Correct answer is C

No explanation has been provided for this answer.

13,710.

The original data collected for a study on consumer tastes and fashion by a company is_____

A.

A behavioural data

B.

An organisational data

C.

A secondary data

D.

A primary data

Correct answer is D

No explanation has been provided for this answer.