WAEC - Marketing (2015)

  • 1
    The selling of goods in small units is normally performed by_________
    Antwort
    (C)
    Retailers.
  • 2
    A storage facility that uses advanced material handling system under the control of a central computer is___________
    Antwort
    (B)
    An automated warehouse.
  • 3
    The way in which a product is delivered to meet the customers need is_____________
    Antwort
    (D)
    Distribution activities.
  • 4
    The process of encouraging consumers to buy products at retail outlets is_________
    Antwort
    (A)
    Advertising.
  • 5
    Another term for e-marketing is__________
    Antwort
    (B)
    Internet marketing.
  • 6
    A document that accompanies goods in transit is a__________
    Antwort
    (B)
    Waybill.
  • 7
    Marketing concept means________
    Antwort
    (C)
    Satisfying customers needs and wants.
  • 8
    Meeting customer expectation regarding the quality a product is____________
    Antwort
    (A)
    Customer satisfaction.
  • 9
    Which of the following channels of distribution will be used by a company that wants to have control over its price?
    Antwort
    (A)
    Manufacturer - Consumer
  • 10
    Which of the following is not an element of the marketing mix?
    Antwort
    (B)
    Packaging
  • 11
    Competitive price in marketing is arrived at by__________
    Antwort
    (C)
    Setting price in relation to competitors' price.
  • 12
    Marketing is defined as_____________
    Antwort
    (C)
    Meeting customers need profitably.
  • 13
    A product by an organization for use in carrying out a business is_____________
    Antwort
    (A)
    An industrial product.
  • 14
    Which of the following cannot be used to identify a product?
    Antwort
    (C)
    Pricing policy
  • 15
    Convenience and specialty goods are classified as__________
    Antwort
    (D)
    Industrial goods.
  • 16
    An offer of free sample of goods is a form of___________
    Antwort
    (D)
    Sales promotion.
  • 17
    The process of dividing a market into homogenous groups of buyers is_____________
    Antwort
    (C)
    Segmentation.
  • 18
    Which of the following is not contained in a consignment note?
    Antwort
    (C)
    Cost of goods
  • 19
    A market that deals in soft drinks and cosmetics is a___________
    Antwort
    (A)
    Consumer market.
  • 20
    A policy where a manufacturer of a product contributes to a retailer's advertising cost of his product is_________
    Antwort
    (B)
    Promotional advertising.
  • 21
    A method of selling goods through the use of catalogue is_________
    Antwort
    (B)
    Mail order.
  • 22
    Premium goods are offered either free or at low cost to_________
    Antwort
    (B)
    Give incentive to buyers.
  • 23
    An unauthorized person who accesses other people's information on the internet is a ________
    Antwort
    (C)
    Web hacker
  • 24
    The environmental factor that focuses on governmental action on the minimum wage is___________
    Antwort
    (A)
    Economic.
  • 25
    Business risks in foreign market is higher in__________
    Antwort
    (D)
    Direct investment.
  • 26
    The information that can be accessed quickly and cheaply by the marketing manager is_______
    Antwort
    (D)
    Internal database.
  • 27
    The environmental factor that comprises of inflation, employment income level and interest rate is described as____________
    Antwort
    (B)
    Economic.
  • 28
    The stage in buyers decision process at which customer satisfaction occurs is____________
    Antwort
    (A)
    Need recognition.
  • 29
    A reason for granting cash discount is to___________
    Antwort
    (B)
    Encourage prompt payment.
  • 30
    Which of the following is a source of fund that a limited liability company will not pay back?
    Antwort
    (B)
    Ordinary shares
  • 31
    Which of the following is not a stage in product development?
    Antwort
    (C)
    Product differentiation.
  • 32
    A company that offers storage facility to a seller is___________
    Antwort
    (B)
    A market facilitator.
  • 33
    A need that is sufficiently pressing to direct a consumer to seek satisfaction is____________
    Antwort
    (C)
    Want
  • 34
    A warehouse where dutiable goods are kept is a________
    Antwort
    (C)
    Bonded warehouse.
  • 35
    A bank loan obtained by Chief lbrahim to start a business is an example of ____________
    Antwort
    (B)
    Personal source of fund.