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Commerce 1997 WAEC Past Questions

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66
Business activities that direct the flow of goods and services from the producer to the consumer is
  • A. promotion
  • B. advertising
  • C. selling
  • D. marketing
  • E. transportation
View Answer & Discuss WAEC 1997
67
Capital owned is synonymous with the
  • A. paid-up capital
  • B. working capital
  • C. net worth
  • D. authorized capital
  • E. liquid capital
View Answer & Discuss WAEC 1997
68
Which of the following is not performed by marketing?
  • A. Provision of revenue
  • B. Provision of employment
  • C. Export promotion
  • D. Enlargement of the market
  • E. Changing the nature of marketable goods
View Answer & Discuss WAEC 1997
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69
The products that are regularly and easily bought by customers through habit are called?
  • A. industrial goods
  • B. capital goods
  • C. specialty goods
  • D. giffen goods
  • E. convenience goods
View Answer & Discuss (1) WAEC 1997
70
A business unit whose membership range from 2 to 20 is a
  • A. co-operative society
  • B. partnership
  • C. private limited company
  • D. public limited company
  • E. public enterprise
View Answer & Discuss WAEC 1997
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts