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Commerce Past Questions


Question 326:


EXTERNAL ENVIRONMENT INTERNAL ENVIRONMENT EXTERNAL ENVIRONMENT
Which of the following sequences can best fit into the structure above?

A. People control ideals
B. Material production ideas
C. Finance marketing production
D. Material production product


Question 327:


When a business enterprise provides free service to its environment, the service is said to be a

A. Civic responsibility
B. Philanthropic consideration
C. Social responsibility
D. Political consideration


Question 328:


Inventory control is an aspect of a

A. Operations research
B. Materials management
C. C the organizing function
D. D span of control


Question 329:


The reduction of import duties among the members countries of ECOWAS is an example of

A. Preference duties
B. Preferential treatment
C. Preferential tariff
D. Preferential excise


Question 330:


In a common market, member countries agree basically to

A. Place bans on the other countries’ product
B. Wage war against other countries’ product
C. Establish common barriers against countries outside the market
D. Negotiate with countries outside the market for favourable terms of trade .






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