Commerce Past Questions And Answers
1581
List and describe five ways by which the post office aids business.
View Discussion (0)WAEC 2004 THEORY1582
The application of division of labour should generally bring about
- A. increase in the quantity of goods and service
- B. increase in the variety of goods and services
- C. cheapness of goods and services
- D. cost efficiency in the production of goods and services
1583
The postal organization which preceded the Nigerian Postal Service is
- A. Post and Telecommunication
- B. Post and Telephone
- C. Post and Teleprinter
- D. Post and Telegraph
1584
Advertising efforts geared towards a particular audience is known as
- A. mass advertising
- B. direct advertising
- C. persuasive advertising
- D. indirect advertising
1585
Citizens are against privatization mainly because of?
- A. the rationalization of organizations
- B. increased prices of goods and services
- C. the likelihood of monopoly
- D. ineffective management
1586
In which of the following classes of occupation would you place a commerce teacher?
- A. Commercial
- B. Extractive
- C. Direct service
- D. Manufacturing
1587
A ship that travels without schedule is called a
- A. passenger liner
- B. tramp
- C. cargo liner
- D. tanker
1588
The rate where a country's exports exchange for its imports is called
- A. terms of trade
- B. balance of trade
- C. terms of payments
- D. balance of payments
1589
An oil exploration company is engaged in?
- A. tertiary production
- B. constructive occupation
- C. extractive occupation
- D. secondary production
1590
Which of the following does not belong to the industry?
- A. Farming
- B. Insuring
- C. Mining
- D. Drilling