Commerce Past Questions And Answers
Which of the following advertising media combines the advantages of both sight and sound?
- A. Television
- B. Radio
- C. Neon sign
- D. Billboard
Warehousing is a productive function because it increase the
- A. quantity of goods
- B. utility of goods
- C. quality of goods
- D. price of goods
(a)Explain branding and give two suitable examples.
(b) In which five ways does branding affect the consumer?
View Discussion (0)WAEC 1999 THEORYThe function of a merchant wholesaler is to
- A. buy in bulk, store and sell to retailerss as desired
- B. posses title to the goods, store and sale to retailers
- C. bring buyers and sellers together
- D. find markets for producers' finished goods
A transporter who offers to carry goods for anyone at a fee is called
- A. a national carrier
- B. a common carrier
- C. a private carrier
- D. an independent carrier
The business with the best business objectives is
- A. Okon
- B. Taiwo
- C. Kalu
- D. Musa
In a public limited liability company, planning is carried out by
- A. Employees
- B. The chairman of the board
- C. Shareholders
- D. Manufacturer’s warehouse
When an industry or company is nationalized, the state becomes
- A) the majority shareholder
- B) the minority shareholder
- C) the only shareholder
- D) an equal shareholder with other individuals
A trend in retailing which enables consumers to have free access to different products is?
- A. after-sales services
- B. branding
- C. self-services
- D. vending machine
(i) Personal Savings (ii)Retained Earnings (iii)Accrued taxes Which of the items above constitute internal sources of financing for companies?
- A. i and ii
- B. i and iii
- C. ii and iii
- D. i, ii and iii

