Year 12 commerce WAEC QUESTIONS

Efforts geared towards establishing and maintaining good image for a company is Termed

E.& O.E stands for

____ is the association of traders or producers engaged in the Same line of business

The production of goods in anticipation of demand is made possible by

Management can be defined as

What aids to trade is used to protect producers, sellers and buyers against loss and damages

A study to discover consumers preferences and need is called

The main purpose of branding is to

The three main divisions of production include ; industrial,

Which of the following is not a reason for imposing tariff ?to

Which of the following is the most suitable means of transporting bulky goods from Lagos to kaduna

Custom duties are

The main object of a cartel agreement is to control

Which of the following is an aspect of the marketing concept

The main purpose of establishing a public corporation is to

The taking over by the state on ownership and control of certain business enterprises is known as

Which of the following is a type of marine insurance

Which of the following is a public corporation? The

Agreement between two parties which will give rise to enforceable right and obligations is known as

Which of the following is not an element of the marketing mix

The selection and promotion of staff in an organisation is the function of

Which of the following is not a fixed asset of a business

The world Ltd written after the name of a company means that

The main source of capital for a limited liability company is

The exchange of goods for other goods in home trade is known as

Entrepot trade refers to

Total sales less total returns inward is called

In which of the occupation would you place a taxi driver

Competitive advertising is:

The purpose of issuing a credit note is to

Which of the following is not a function of a small retailer

The organisation of petroleum exporting countries (opec) is an example of a

A number of shops under One roof is a feature of a

The value of anything expressed in monetary terms is the

Which of the following advertising media combines the advantages of sound and motion

In holding company, the company whose shares are acquired is called

Which organisation is an oil pricing cartel

When there is a trade deficit, the...

___ is the association of manufacturers and business men form different commercial field to protect their interest

Informative advertising is:-

The organized efforts of consumers to protect themselves against the unfair practices of businessmen is called

Overdraft is usually granted to a

When a business is insolvent it may result in

An individual who makes the final use of goods and services provided by firm is the

Which of the following is not an advantage of advertising?

Which of the following is a feature of cooperative society

The major dealers on a stock exchange market are the

A private limited liability company differs from a public limited liability company because

Which of the following could account for a favorable balance of payments

Which of the following is a function of money