WAEC - Marketing (2021)

  • 1
    A short term tool used in boosting turnover is________
    Відповідь
    (A)
    Sales promotion
  • 2
    The part of an advertising leaflet that introduces the message of the advertisement is _________
    Відповідь
    (B)
    Headline
  • 3
    The amount of money charged for a _______
    Відповідь
    (B)
    Price
  • 4
    An advertising media with the highest coverage area is ____________
    Відповідь
    (D)
    Television
  • 5
    A pricing strategy in which the nuyer and seller bargain to reach an agreement on the price of a product is_______
    Відповідь
    (B)
    Haggling
  • 6

    The elements that make up marketing planning are_________

    i. Situation analysis
    ii. Market share
    iii. Marketing objective
    iv. Marketing strategy
    v. Action programme

    Відповідь
    (B)
    i, ii, iii, v, only
  • 7
    The process of collecting and analyzing information about the external marketing environment is________
    Відповідь
    (B)
    Marketing research
  • 8
    Which of the following behaviors would satisfied customer exhibit? 
    Відповідь
    (C)
    Talk favorably about the purchased products
  • 9
    Which of the following is not an example of institutional consumers?
    Відповідь
    (D)
    Households
  • 10
    Which of the following sales promotional tool is used to encourage wholesalers and retailers?
    Відповідь
    (D)
    Price discount
  • 11
    Which of the following consumer buying behaviors requires the least efforts?
    Відповідь
    (A)
    Impulse buying
  • 12
    An example of nondurable goods is ________
    Відповідь
    (B)
    Bread
  • 13
    E-marketing is also called ________
    Відповідь
    (D)
    Internet business
  • 14
    A product that has undergone processing is_______
    Відповідь
    (D)
    A secondary product
  • 15
    Which of the following items is a primary product?
    Відповідь
    (C)
    Fresh tomatoes
  • 16
    The formation of a strategy to attain established marketing objectives is __________
    Відповідь
    (D)
    Marketing planning
  • 17
    A reduction in general personal income which leads to a change in a company's pricing strategy is an element of the_______
    Відповідь
    (C)
    Economic environment
  • 18
    Marketing activities carried out in more than one country is_____________
    Відповідь
    (A)
    International marketing
  • 19
    Individual or films that enhance business activities but do not participate directly in the business are_______
    Відповідь
    (B)
    Market facilitators
  • 20
    The body formed by sellers of a common product in a local market is an example of ________
    Відповідь
    (A)
    Market union
  • 21
    The cheapest mode of transportating imported cars from America to Nigeria is by _______
    Відповідь
    (C)
    Water
  • 22
    The middlemen that buys in bulk and sells in bit is ________
    Відповідь
    (C)
    A wholesaler
  • 23
    Which of the following channels of distribution would a producer who wants to control its unit price use?
    Відповідь
    (A)
    Producer / Consumer
  • 24
    An example of transportation document that is used or local trade is_______
    Відповідь
    (A)
    Waybill
  • 25
    All individuals and units that buy goods for personal use constitute the_______
    Відповідь
    (B)
    Consumer market
  • 26
    Which of the following activities is not a function of a merchandiser?
    Відповідь
    (B)
    ldentifying potential new accounts
  • 27
    The differentiation of a firm's product from other competing goods is__________
    Відповідь
    (B)
    Labelling
  • 28
    A disadvantages of warehousing is that it_____
    Відповідь
    (A)
    Encourage hoarding of goods to create scarcity
  • 29
    An element of the external marketing environment is_____________
    Відповідь
    (D)
    Economic indices
  • 30
    An element of the marketing mix is________
    Відповідь
    (B)
    Place
  • 31
    Which of the following option is not a function of a warehouse?
    Відповідь
    (A)
    To increase the price of goods
  • 32
    The willingness and ability to identify business opportunity, establish and operate it successfully is________
    Відповідь
    (C)
    Entrepreneurship
  • 33
    An internal source of fund for an entrepreneur is__________
    Відповідь
    (D)
    Retained earnings
  • 34
    An example of long-term source of fund for an entrepreneur is____________
    Відповідь
    (A)
    Debenture
  • 35
    The idea that consumers will prefer goods and services that are available and affordable is_____________
    Відповідь
    (B)
    Product concept