The use of coin-operated machines to sell goods is a form of

Assessment: JAMB UTME - Commerce - 1994 Subject: Commerce

Question 1 Report

The use of coin-operated machines to sell goods is a form of

Answer Details
The use of coin-operated machines to sell goods is a form of retailing. This type of retailing is also known as vending machine retailing. In this process, customers insert coins or bills into a machine, select the desired product, and the machine dispenses the product automatically. This method of retailing is often used for the sale of snacks, beverages, and small items such as newspapers and cigarettes. It eliminates the need for a salesperson and allows for 24/7 availability of products.
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