WAEC Marketing 2017 Question 39

Question 39

Marketing Environment

Which of the following entities is a market facilitator?

  1. A.Retailer
  2. B.Wholesaler
  3. C.Bank
  4. D.Producer
Show the answer and explanation

Answer: C (Bank)

Explanation

Banks help marketing by providing finance but do not buy or sell the goods, so they are facilitators.