Hello and Welcome to SSCE (WAEC and NECO) Practice Test - Marketing You are to attempt 20 Random Objectives Questions ONLY for 15 minutes. Supply your name and name of school in the text box below. Your time starts NOW! Full Name (Surname First): School: A publisher who wishes to buy paper to produce books does that at ___ market.A. consumer B. government C. industrial D. resellers E. usersABCDEAttracting large number of customers by charging an initial low price for goods is called ______ pricing.A. budgeting B. cost plus C. haggling D. penetrating E. valueABCDEMarketing research is important because itl. facilitates quality decision.ll. reduces the risk involved in making decision.lll. determines the most rewarding application of resources.lV supplies relevant information on a market.V. recognizes marketing problems.A. l, ll and lV only B. l, ll, lll, IV and V C. l, ll, lll and lV only D. ll and lll onlyABCDThe marketing term that explains what transpired between a buyer and seller isA. demand. B. supply. C. transaction. D. utility. E. value.ABCDEDecisions and activities which may stimulate and promote sale is known as ______ mix.A. marketing B. place C. pricing D. product E. promotionABCDEThe process of encouraging consumers to buy products at retail outlets isA. advertising. B. publicity. C. merchandising. D. distribution.ABCDThe trade agreement between Nigeria, Japan, Korea, U.S.A and Germany is an example of_____ trade system.A. bilateral B. export C. international D. import E. multilateralABCDEWhich of the following is not a reason new products fail?A. Competitive strengthB. Over-pricingC. Perfect timingD. Products deficienciesE. Technical problemsABCDEThe use of the Services of independent international marketing middlemen to sell a product in foreign countries isA. joint venture B. indirect export C. direct investment D. direct exportABCDThe process of buying and selling of goods and services across national boundaries is known as _____marketing.A. domestic B. internal C. international D. national E. productABCDEThe selling of goods in small units is normally performed byA. distributors. B. wholesalers. C. retailers. D. brokers.ABCDA policy whereby a manufacturer of a product partially contributes to a retailer’s advertising cost of his product isA. institutional advertising.B. promotional advertising.C. informative advertising.D. cooperative advertising.ABCDA treaty designed to promote world trade by reducing tariff, quota and other international trade barriers is known asA. foreign licensing.B. franchising.C. general agreement on tariffs and trade.D. strategic alliance.E. subcontracting.ABCDEA paid form of non-personal presentation and promotion of ideas, goods or services by an identified sponsor isA. publicity. B. sales promotion. C. special promotion. D. advertising.ABCDThose products that contributes directly or indirectly in the production of other products are called _____ products.A. consumer B. convenience C. emergency D. industrial E. specialtyABCDEWhich of the following is not a factor that can influence decisions on marketing channel'?A. Convenience of the marketing managers.B. Geographical locationC. Nature of the productD. Number of customersE. Purchasing patterns of buyersABCDEWhich of the following does not provide meaning to the SWOT acronym?A. Objectives B. Opportunities C. Strengths D. Threats E. WeaknessABCDEThe barrier to international trade aimed at making importation of goods more expensive than exportation isA. devaluation. B. embargo. C. exchange control. D. import quota.E. tariffs.ABCDEThe exclusive right granted to a wholesaler or retailer to sell the products of a company in a specified area is calledA. agency. B. copyright. C. franchise. D. licence. E. royalty.ABCDEThe process of charging an amount of money for a product or service can be referred to asA. budgeting. B. costing. C. haggling. D. pricing. E. valueing.ABCDE1 out of To submit your quiz and see your score/performance report; Make sure you supply your name and name of school in the form above. Unable to submit your quiz? Kindly Click Here To Retake SSCE (WAEC and NECO) Practice Test - Marketing. Make sure you supply your full name and name of school before submission. Time is Up! Follow ASSURE On Social Media Categories: SSCE (WAEC and NECO) Practice Test (In All Subjects) Tags: SSCE (WAEC and NECO) Practice Test - Marketing 0 Comments Leave a Reply Cancel reply Your email address will not be published. Required fields are marked * Name * Email * Website What's on your mind? Save my name, email, and website in this browser for the next time I comment. Please enter an answer in digits:three − two = This site uses Akismet to reduce spam. Learn how your comment data is processed.