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
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12
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
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13
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
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14
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
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15
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
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16
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
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17
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
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18
Selling goods in foreign countries at price below their marginal cost is?
A
dumping
B
depreciation
C
devaluation
D
discounting
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19
A process of creating more market for a product is through?
A
consumerism
B
marketing
C
advertising
D
reponsitioning
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20
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
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