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Commerce 1999 WAEC Past Questions

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51

(a)Describe to Kola a new recruit in your office, the steps he may take to open a current account.

(b) Outline four functions of the Central Bank.
 

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52

(a)With the aid of a diagram, illustrate six branches of trade and show six types of retail outlets.

(b) State eight features of hawking. 
 

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53

(a)Explain branding and give two suitable examples.

(b) In which five ways does branding affect the consumer? 
 

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54

(a)Explain five reasons why a manufacturer may engage in personal selling.

(b) Explain five characteristics of Sole Proprietorship. 
 

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55

(a)Explain five reasons why communication is important in commerce.

(b) Explain five functions of Advertising. 
 

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