Commerce Past Questions And Answers
Using symbols, letters, name or combination of these by a company to distinguish its products is
- A. product cycle
- B. marketing mix
- C. trade mark
- D. market segmentation
The printing of catalogs is one of the costs associated with the operation of
- A. tied shops
- B. mobile shops
- C. mail order shops
- D. department stores
Under normal circumstances, a business enterprise can be ideally structured
- A. by product, function or territories
- B. around the personalities in the enterprise
- C. on the ruling of the management
- D. on the basis of an order from stockholders
(a) What is a public limited liability company
(b) state and explain any five features distinguishing a public limited company from a partnership
View Discussion (0)WAEC 1995 THEORYWrite short notes on the following types of retail outlets:
(a) supermarket
(b) mobile shops
(c) department stores
(d) chain stores
(e) hawking.
View Discussion (0)WAEC 2008 THEORYAverage stock is derived by adding
- A. closing stock to purchases divided by 2
- B. closing stock to opening stock
- C. opening stock to closing stock divided by 2
- D. opening stock to purchases
Goods in bonded warehouses are under the strict supervision of the
- A. Customs Authority
- B. Ports Authority
- C. Importer
- D. Clearing agent
Money can be simply be referred to as a
- A. measure of value
- B. standard of value
- C. means of settlement
- D. durable asset for doing business
Which of the following describes the reason for international trade
- A. Balance of payment
- B. Comparative cost advantage
- C. Absolute cost advantage
- D. Balance of trade
Which of the following is true about cumulative preference shares?
- A. Unpaid dividends are carried forward
- B. Shareholders can secure capital refund on demand
- C. Shareholders are entitled to further share of profit
- D. Dividends are paid into a special account