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Commerce Past Questions and Answers

Waec Commerce Questions

Question 1991:

All activities aimed at creation of a good image for an organisation are referred to as

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A Market segmentation
B Market research
C Public relation
D Consumer orientation

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Question 1992:

which of the following is a disadvantage of foreign trade

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A It encourages dumping
B It widens the world market
C It encourages specialization
D It provides varieties of goods

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Question 1993:

the study to discover consumers' preference and needs is called

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A Market segmentation
B Consumer orientation
C Market research
D Market mix

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Question 1994:

a private limited liability company differs from a public limited liability because it

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A Does not issue its shares to the public
B As a separate entity
C Has many directors
D Is a going concern

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Question 1995:

which of the following is a disadvantage of retailing

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A Selling on credit
B Lower prices of goods
C Selling in smaller quantities
D Located at convenient places

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