Commerce Past Questions And Answers
(a) List and explain two factors that limit the application of division of labour.
(b) Enumerate two disadvantages of division of labour.
(c) Discuss five advantages of division of labour.
View Discussion (0)WAEC 2018 THEORYECOWAS is form of?
- A. economic union
- B. political union
- C. trade union
- D. free trade association
Which of the following is not a function of the Ports Authority
- A. controlling pollution in rivers
- B. providing parking space for vehicles
- C. providing storage and warehousing facilities at the docks
- D. providing facilities for water traffic movement
Which of the following was not used as a medium of exchange by the early Europeans that came to West Africa?
- A. Pounds and shillings
- B. Copper manillas
- C. Iron bars
- D. Cowries
Which of the following comes last in the chain of distribution? The
- A. consumer
- B. manufacturer
- C. retailer
- D. wholesaler
A manufacturer of machinery who wants to reduce cost of promotion can use
- A. samples
- B. public relations techniques
- C. showrooms
- D. catalogues
Which of the following economic unions is made up of countries in West Africa only?
- A. ACP
- B. ECOWAS
- C. NATO
- D. ADB
The practice of assessing employees for payment or advancement according to their observed achievement is called
- A. employee ranking
- B. merit rating
- C. job grading
- D. employee education
The commercialization of public enterprises is aimed at?
- A. increasing efficiency and making the enterprises self-sufficient
- B. advertising and promoting the goods and services of the enterprises
- C. increased assistance and patronage of the enterprises by the public
- D. selling the goods and services of the enterprises
when two insurers are liable under a given common policy, the principle of insurance that applies is?
- A. indemnity
- B. subrogation
- C. proximate clause
- D. contribution