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Commerce 2018 WAEC Past Questions

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46

The concern of a marketing manager whose company has adopted the marketing mix concept is to?

  • A. recruit more
  • B. make maximum profit
  • C. identify and satisfy customers needs
  • D. maintain the company's share of the market
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47

The purpose of commercialization is to?

  • A. encourage the participation of the private sector
  • B. make state-owned firms more efficient
  • C. encourage the flow of foreign capital
  • D. enable state-owned firms pay tax
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48

Which of the following is a legal tender?

  • A. Cheque
  • B. Travellers cheque
  • C. Bank note
  • D. Goldsmith receipt
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49

Labour as an input in production can be motivated by

  • A. training
  • B. profit
  • C. remuneration
  • D. promotion
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50

The minimum lending rate of a bank is a component of its

  • A. current assets
  • B. debit balances
  • C. credit balance
  • D. fixed assets
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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