Commerce Past Questions And Answers
The variety of goods and services which a company offers for sale is its?
- A. place mix
- B. promotion mix
- C. price mix
- D. product mix
(a) List six advertising media used in business.
(b) What is personal selling?
(c) State four advantages and two disadvantages of personal selling
View Discussion (0)WAEC 2019 THEORYIn the law of contact, a counter offer operates as
- A. A contact
- B. an acceptance
- C. a ejection
- D. a rejection
Incorporation simply means the?
- A. floating of a company
- B. reorganization of a company
- C. birth of a company
- D. registration of the Memorandum of Association
A disadvantage of privatization is that
- A. there is reduction in the quality of goods
- B. there is incipiency in the supply of goods
- C. the existence of monopoly is high
- D. the profit motive outweighs public interest
The factors which critically determines the choice of occupation is
- A. Skill
- B. Training
- C. Aptitude
- D. Interest
NACCIMA stands for
- A. Nigerian American Centre for Culture, Industries, Mines and Arts
- B. Nigerian Association for Culture, Civics, Industries, Minerals and arts Arts
- C. National Agency for Culture, Civilization, Investment, Manufacturing and Agriculture
- D. Nigeria Association of Chambers of Commerce, Industries, Mines and Agriculture
If Baba is forced to agree go the terms of a contract at gun point, the contract is entered into?
- B. through frustration
- C. through misrepresentation
- D. by mistake
The rate of turnover of a company in a given year is 4 times while the average stock is N12,4OO. What is the turnover of the company?
- A. N49,600
- B. N24,800
- C. N6,200
- D. N3,100
(a) Illustrate any four channels of distribution of manufactured goods.
(b) Explain the statement the longer the channel, the higher the price.
(c) Give five reasons why small scale retail businesses may fail.
