WAEC Commerce Past Questions & Answers - Page 71

351.

Which of the following refers to the division of market into identifiable sub-markets

A.

Market research

B.

Market segmentation

C.

Market penetration

D.

Marketing mix

Correct answer is B

No explanation has been provided for this answer.

352.

Which of the following is an advantage of transportation by sea?

A.

Goods can be delivered from door to door

B.

it is a cheaper means of transporting goods

C.

it is accident free

D.

it is the fastest means of transport

Correct answer is B

No explanation has been provided for this answer.

353.

Which of the following provides evidence of receipt of an important document sent through the post?

A.

Recorded delivery service

B.

Air mail service

C.

Letter post

D.

Express delivery service

Correct answer is A

No explanation has been provided for this answer.

354.

Which of the following is not a means of water transport

A.

Liner

B.

Tanker

C.

Truck

D.

Barge

Correct answer is C

No explanation has been provided for this answer.

355.

A document showing full details of the goods and passengers carried in a ship or aircraft is

A.

Bill of lading

B.

Airway bill

C.

Manifest

D.

Indent

Correct answer is C

No explanation has been provided for this answer.