Waec Marketing Past Questions For Year 2021

Question 31

The idea that consumers will prefer goods and services that are available and affordable is_____________

waec 2021

  • A. Selling concept
  • B. Product concept
  • C. Production concept
  • D. Marketing concept
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Question 32

An example of long-term source of fund for an entrepreneur is____________

waec 2021

  • A. Debenture
  • B. Trade credits
  • C. Overdraft
  • D. Customer advances
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Question 33

An internal source of fund for an entrepreneur is__________

waec 2021

  • A. Bank loan
  • B. Overdraft
  • C. Trade credit
  • D. Retained earnings
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Question 34

The willingness and ability to identify business opportunity, establish and operate it successfully is________

waec 2021

  • A. Distribution
  • B. Wholesaling
  • C. Entrepreneurship
  • D. Purchasing
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Question 35

Which of the following option is not a function of a warehouse?

waec 2021

  • 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
View Answer and Explanation