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Commerce Past Questions and Answers

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Waec Commerce Questions

Question 1581:

A chamber of commerce normally consists of

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A Officials of the trade unions of commercial workers
B All the people engaged in one aspect of trading and manufacturing
C All the workers in one branch of commerce
D The people who represent a cross-section of business interests in a town

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Question 1582:

A group of musicians can come together to form a

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A Chamber of commerce
B Public corporation
C Trade association
D Trade union

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Question 1583:

Which of the following is not an advantage of marketing?

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A Creation of demand
B Ensuring effective distribution of goods
C Implementing government regulations
D Application of marketing techniques

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Question 1584:

One disadvantage of indigenization is that it

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A Discourages foreign control of an economy
B Encourages local retention of profits
C Encourages the participation of indigenes in economic development
D Discourages foreign investment

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Question 1585:

The takeover by government of Sanking Sillah and Sons Ltd is referred to as

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A Privatization
B Indigenization
C Commercialization
D Nationalization

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