Commerce Past Questions And Answers
The following instructions are guidelines for drawing flowcharts except that?
- A. flowcharts must have a logical start and finish
- B. it should follow a direction of left to right or top to bottom
- C. it should follow a direction of right to left or bottom to top
- D. it should be clear, neat and easy to follow
(a) What is balance of payments?
(b) List and explain six methods used in correcting an adverse balance of payment.
View Discussion (0)WAEC 2007 THEORYThe management function that is concerned with coordinating business resources efficiently is
- A. organizing
- B. controlling
- C. planning
- D. motivation
The federal Government made efforts at rendering public enterprises more efficient and profit-oriented through the process of
- A. privatization
- B. commercialization
- C. indigenization
- D. nationalization
Collecting information on the taste of consumers and the extent of demand for a product is
- A. market research
- B. market segmentation
- C. marketing mix
- D. marketing concept
A business that can obtain capital through of sale of shares is a
- A. demurrage
- B. freight
- C. charge
- D. dock due
The government agency involved in issuing of export licences is _______?
- A. Nigeria Export Processing Zone
- B. Nigeria Export Promotion council
- C. Nigeria Port Authority
- D. Customs and Excise Authority
Patent Right gives the owner the exclusive right to?
- A. produce any type of goods
- B. his invention
- C. form a new business
- D. sell to other maunfacturer
lack of permanent record for the message reciever is a disadvantage of?
- A. television
- B. direct mail
- C. cataloque
- D. magazine
An arrangement by independent firms to share the market of their products on quota basis is referred to as?
- A. trust
- B. integration
- C. syndicate
- D. cartel