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Wednesday, 30 September 2026
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Commerce Past Questions and Answers

Commerce Questions

Question 276:
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
View Answer & Explanation
Question 277:
EXTERNAL ENVIRONMENT INTERNAL ENVIRONMENT EXTERNAL ENVIRONMENT<br/>Which of the following sequences can best fit into the structure above?
  • A People control ideals
  • B Material production ideas
  • C Finance marketing production
  • D Material production product
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Question 278:
When a business enterprise provides free service to its environment, the service is said to be a
  • A Civic responsibility
  • B Philanthropic consideration
  • C Social responsibility
  • D Political consideration
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Question 279:
Inventory control is an aspect of a
  • A Operations research
  • B Materials management
  • C C the organizing function
  • D D span of control
View Answer & Explanation
Question 280:
The reduction of import duties among the members countries of ECOWAS is an example of
  • A Preference duties
  • B Preferential treatment
  • C Preferential tariff
  • D Preferential excise
View Answer & Explanation