Search SchoolNGR

Wednesday, 11 November 2026
Register . Login

Commerce Past Questions and Answers

Waec Commerce Questions

Question 411:
(a) What is Planning?
(b) What are the benefits of planning in business management?
(c) Mention four functions of the personnel department of a business establishment.
    View Answer & Explanation
    Question 412:
    (a) Explain five reasons why consumers need protection.
    (b) Mention any five government legislations aimed at protecting the consumer.
      View Answer & Explanation
      Question 413:
      (a) Explain the following services provided by NIPOST:
      (i) Business Reply Service
      (ii) Express Delivery
      (iii) Poste Restante
      (iv) Cash on Delivery
      (v) Recorded Delivery
      (b) State five ways in which communication is important to commerce.
        View Answer & Explanation
        Question 414:
        The function of commerce in production is that it?
        • A Helps in the extraction of raw materials
        • B Provides a link between the different arms of production
        • C Is the only branch that satisfies wants
        • D Yields result
        • E Changes raw materials to finished goods
        View Answer & Explanation
        Question 415:
        The function of commerce in production is that it?
        • A Helps in the extraction of raw materials
        • B Provides a link between the different arms of production
        • C Is the only branch that satisfies wants
        • D Yields result
        • E Changes raw materials to finished goods
        View Answer & Explanation