Commerce Past Questions And Answers
The most effective type of advertising for branded product is?
- A. direct advertising
- B. Indirect advertising
- C. informative advertising
- D. competitive advertising
Which of the following is not an objective of ECOWAS?
- A. Expansion of trade
- B. Encouraging free movement of persons within member states
- C. Improvement of infrastructural facilities
- D. Promoting a common language
(a) Explain the meaning of market segmentation
(b) List and explain four factors to be considered in segmenting a market
View Discussion (0)WAEC 2013 THEORYResources obtained from the extractive sector that are transformed into finished products are examples of?
- A. primary production
- B. tertiary production
- C. direct production
- D. secondary production
A trader's turnover was D36,000. Purchases was D28,000. The opening stock was D2,000 and the closing stock was D3,000.
The average stock is
- A. D5,000
- B. D3,000
- C. D2,500
- D. D2,000
The provision of services is classified under
- A. batch production
- B. flow production
- C. secondary production
- D. tertiary production
The provision of adequate number of berths by which ships can load and off-load is the function of the
- A. Department of Customs and Excise
- B. Ports Authority
- C. Shipping and Forwarding Agent
- D. National Shipping Line
The main similarity between commercial banks and other financial institution is?
- A. the acceptance of customers' deposit and making on their behalf
- B. financing of balance of payment deficits
- C. creating and destroying money
- D. giving credits to individuals or organizations
The components of capital employed in a business are?
- A. owners' equity and long-term debts
- B. total assets and current liabilities
- C. share capital and long-term debts
- D. share capital and current liabilities
The oldest and commonest form of business in Nigeria is?
- A. partnership
- B. the co-operative society
- C. sole proprietorship
- D. joint stock veture