JAMB Commerce 2000 Question 1

Question 1

Introduction to Commerce

The major factors that facilitate merchandising are

  1. A.communication, advertising and banking
  2. B.trading, warehousing and production
  3. C.management, insurance and advertising
  4. D.banking, insurance and transportation.
Show the answer and explanation

Answer: D (banking, insurance and transportation.)

Explanation

Banking, insurance and transport are aids to trade that make buying and selling of goods easier.