JAMB Commerce 2019 Objective — Question 9

Question 9 of 40 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2019 Objective paper, with the correct answer and a full explanation.

The major factors that facilitate merchandising are

A. communication, advertising and bankingCorrect
B. trading, warehousing and production
C. banking, insurance and transportation
D. management, insurance and advertising

Explanation

Merchandising is the act of exchanging goods — buying and selling. The main aids to trade that facilitate it are communication (with suppliers/customers), advertising (to boost sales), and banking (loans and payment facilitation).

Sign up free to unlock

Score tracking
Practice history
Saved questions
Progress dashboard
Personalized sessions
Weak-topic breakdown

…and/or go further with premium services and No Ads.

Create free account

More questions from Commerce 2019 Objective More Commerce past papers