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Commerce Past Questions and Answers

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Waec Commerce Questions

Question 1376:

Which of the following will not be considered in choosing a channel of distribution?

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A Nature of product
B Preferences of customers
C Volume of sales
D Quality of product

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Question 1377:

A manufacturer of goods that are seasonally demanded will be in dire need of a

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A Wealthy customer
B Suitable means of transport
C Warehouse
D Large house frontage

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Question 1378:

Which of the following is a feature peculiar multiple shops?

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A Central Location
B Self Service
C Central Buying
D One stop shopping

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Question 1379:

Terms of trade is the

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A Rate at which the central bank discounts first class bills
B Rate at which a country's exports exchange for its imports
C Expected rate of returns on an investment
D Rate of payment for goods and services purchased

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Question 1380:

Which of the following encourages trade between regions?

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A Differences in currencies of countries
B Difference in national income of countries
C Existence of trade associations
D Differences in natural resources

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