Skip to content
OtisamLMS
Business Management

Business Management · Quick practice · answer shown after each question

Principles of marketing

Question 1 of 10

Question 1 of 10

The stage of the product life cycle when sales grow fastest is

Question 2 of 10

Question 2 of 10

Setting a high price when a new product is launched is

Question 3 of 10

Question 3 of 10

Penetration pricing is most suitable when demand is

Question 4 of 10

Question 4 of 10

After-sales service is part of

Question 5 of 10

Question 5 of 10

A brand is

Question 6 of 10

Question 6 of 10

A unique selling point (USP) is

Question 7 of 10

Question 7 of 10

The marketing concept focuses on

Question 8 of 10

Question 8 of 10

Price elasticity of demand matters in pricing because

Question 9 of 10

Question 9 of 10

The marketing mix extended for services adds people, process and

Question 10 of 10

Question 10 of 10

Market segmentation by age is an example of

Questions written by OtisamLMS in the style of the WASSCE. They are not WAEC past questions.