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Commerce 2025 WAEC Past Questions

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36

The main idea of the marketing concepts is that all the firm's plans and operations should be

  • A. price oriented
  • B. company oriented
  • C. product oriented
  • D. consumer oriented
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37

A person who is employed for the purpose of bringing his principal into contractual relationship with the third parties is

  • A. a merchant
  • B. a consignee
  • C. a consignor
  • D. an agent
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38

The transfer of a government company to the public is

  • A. deregulation
  • B. localization
  • C. commercialization
  • D. privatization
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39

One of the roles performed by middle managers is

  • A. review of master plans, programmes and budgets
  • B. review and appraisal of operational results
  • C. formulation of objectives and strategies
  • D. implementation of organizational plans and objectives
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40

Which of the following is responsible for protecting consumers against poor quality goods?

  • A. Trade associations
  • B. Manufacturers association
  • C. Industrial tribunals
  • D. Standard organizations
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