by Sunday | Dec 14 | Commerce JAMB
A. target return pricing B. bid pricing C. variable pricing D. product line pricing Correct Answer: Option D – product line pricing Explanation product line pricing, is a marketing process wherein products or services within a specific group are set at different...
by Sunday | Dec 14 | Commerce JAMB
A. reduce the number of retail outlets B. identify consumer needs and satisfy them C. increase sales to meet consumers needs D. encourage division of labour Correct Answer: Option B – identify consumer needs and satisfy them Explanation Marketing is “the process...
by Sunday | Dec 14 | Commerce JAMB
A. form utility B. product utility C. possession utility D. place utility Correct Answer: Option A – form utility Explanation Form utility is the value a consumer sees in a finished product.
by Sunday | Dec 14 | Commerce JAMB
A. Unity of command B. Span of control C. Delegation of authority D. Unity of direction Correct Answer: Option C – Delegation of authority
by Sunday | Dec 14 | Commerce JAMB
A. make 20% of its equity share available to the public for subscription B. have a minimum of 100 shareholders C. have a maximum of 100 shareholders D. make 10% of its equity share available to the public for subscription Correct Answer: Option B – have a...