The retail of goods through currency operated machines is known as?

Assessment: WAEC SSCE - Commerce - 1994 (Objective) Subject: Commerce

Question 1 Report

The retail of goods through currency operated machines is known as?
Answer Details
The retail of goods through currency-operated machines is known as "automatic vending." Automatic vending refers to the selling of goods, such as snacks, beverages, and cigarettes, through machines that accept payment in the form of coins, bills, or credit/debit cards. These machines are often found in public places like airports, train stations, and shopping malls, providing a convenient and accessible way for consumers to purchase goods without the need for human interaction.
Read lesson note on Purchase And Sale Of Goods (JAMB)
Read lesson note on Production (JAMB)
Read lesson note on Aids-to-Trade (JAMB)
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