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WAEC Marketing 2021 past questions

Ten questions from the 2021 WAEC Marketing paper, with answers and explanations. We hold 40 questions from this paper, and the Skolra app has all of them.

WAEC Marketing 2021 questions and answers

  1. 1.A function of market union in a local market is to
    1. A
      issue trading licences to government
    2. B
      settle disputes among its members
      Correct
    3. C
      collect customs duties on behalf of government
    4. D
      fix minimum wages for market workers
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    Answer: B

    Market unions exist mainly to protect traders' common interests, including resolving conflicts among members in the local market.
  2. 2.The cheapest mode of transporting imported cars from America to Nigeria is by
    1. A
      sea
      Correct
    2. B
      rail
    3. C
      air
    4. D
      road
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    Answer: A

    Sea transport is the cheapest way to move heavy, bulky goods like cars across long international distances, even though it is slower.
  3. 3.The idea that consumers will prefer goods and services that are available and affordable is
    1. A
      production concept
      Correct
    2. B
      marketing concept
    3. C
      societal marketing concept
    4. D
      selling concept
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    Answer: A

    This describes the production orientation, which assumes consumers favour products that are widely available and inexpensive.
  4. 4.An element of the marketing mix is
    1. A
      population
    2. B
      politics
    3. C
      profit
    4. D
      price
      Correct
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    Answer: D

    Price is one of the four traditional marketing mix elements, alongside product, place and promotion.
  5. 5.E-marketing is also called
    1. A
      internet marketing
      Correct
    2. B
      direct marketing
    3. C
      telemarketing
    4. D
      personal selling
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    Answer: A

    E-marketing refers to marketing conducted through electronic/online channels, so it is also known as internet marketing.
  6. 6.Which of the following activities is not a function of a merchandiser?
    1. A
      pricing goods at the point of sale
    2. B
      attractive display of goods
    3. C
      maintaining adequate stock levels
    4. D
      manufacturing of goods for sale
      Correct
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    Answer: D

    Display, stocking and in-store pricing are merchandising tasks; actually manufacturing the goods is a production function, not merchandising.
  7. 7.Individuals or firms that enhance business activities but do not participate directly in the business are
    1. A
      wholesalers
    2. B
      middlemen
    3. C
      aids to trade
      Correct
    4. D
      retailers
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    Answer: C

    Banks, insurers, transporters and similar facilitators support trade without being direct parties to the buying and selling themselves, which is what defines aids to trade.
  8. 8.The body formed by sellers of a common product in a local market is an example of
    1. A
      trade union
    2. B
      chamber of commerce
    3. C
      cooperative society
    4. D
      market union
      Correct
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    Answer: D

    A market union is the association formed by sellers of a particular commodity within a local market to protect their common interests.
  9. 9.Marketing activities carried out in more than one country is
    1. A
      domestic marketing
    2. B
      international marketing
      Correct
    3. C
      e-marketing
    4. D
      local marketing
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    Answer: B

    Marketing activities conducted across more than one country define international marketing.
  10. 10.The process of collecting and analyzing information about the external marketing environment is
    1. A
      marketing planning
    2. B
      marketing mix design
    3. C
      marketing audit
    4. D
      environmental scanning
      Correct
    Show answerHide answer

    Answer: D

    Gathering and analysing information about outside forces affecting the business is environmental scanning.

The questions come from past JAMB, WAEC and NECO papers. We use software to help write the answer options and explanations, and every answer is checked twice before it goes on the site. How we check

Spotted a wrong answer? Tell us from the app or on the contact page and we check it.

Practise all 40 questions we hold from the 2021 paper, on a timed CBT screen

Every question has the answer and an explanation, in the Skolra app.

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