Waec Marketing Past Questions
Question 31
The idea that consumers will prefer goods and services that are available and affordable is_____________
- A. Selling concept
- B. Product concept
- C. Production concept
- D. Marketing concept
Question 32
An example of long-term source of fund for an entrepreneur is____________
- A. Debenture
- B. Trade credits
- C. Overdraft
- D. Customer advances
Question 33
An internal source of fund for an entrepreneur is__________
- A. Bank loan
- B. Overdraft
- C. Trade credit
- D. Retained earnings
Question 34
The willingness and ability to identify business opportunity, establish and operate it successfully is________
- A. Distribution
- B. Wholesaling
- C. Entrepreneurship
- D. Purchasing
Question 35
Which of the following option is not a function of a warehouse?
- A. To increase the price of goods
- B. Store goods for consumption purpose
- C. Store goods till when needed for supply
- D. Stabilization of price of goods
