2010 - JAMB Commerce Past Questions and Answers - page 2
11
A trend in retailing which enables consumers to have free access to different products is?
A
after-sales services
B
branding
C
self-services
D
vending machine
correct option: c
Users' Answers & Comments12
The activity which entails buying of goods in bulk and selling in small quantities to retailers is?
A
assembling
B
wholesaling
C
retailing
D
merchandising
correct option: b
Users' Answers & Comments13
The comparison of a country's visible and invisible exports and imports expressed in monetary term is?
A
balance of payment
B
terms of trade
C
balance of trdae
D
terms of payment
correct option: c
Users' Answers & Comments14
The document that gives an importer a freehand to obtain goods from any manufacturer is?
A
a consular invoice
B
a closed indents
C
an open indent
D
a freight note
correct option: c
Users' Answers & Comments15
Entrepot trade usually occurs in?
A
exchanging goods within a nation
B
exchanging goods among countries
C
importing goods to be re-exproted
D
exproting goods to be re-imported
correct option: c
Users' Answers & Comments16
The document issued to a port authority when goods are deposited is a?
A
dock landing account
B
bill of sight
C
bill of lading
D
dock warrant
correct option: d
Users' Answers & Comments17
The details of the goods require by the the purchaser is outlined in?
A
a consular invoice
B
an indent
C
an invoice
D
a certificateof orign
correct option: c
Users' Answers & Comments18
Selling goods in foreign countries at price below their marginal cost is?
A
dumping
B
depreciation
C
devaluation
D
discounting
correct option: a
Users' Answers & Comments19
A process of creating more market for a product is through?
A
consumerism
B
marketing
C
advertising
D
reponsitioning
correct option: c
Users' Answers & Comments20
One of the merits of television as a medium of of advertising is that it?
A
is prone to censorship
B
is relatively cheap
C
has more sensory stimulation
D
has more network coverage
correct option: c
Users' Answers & Comments