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Tuesday, 26 November 2024

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Commerce Past Questions


Question 381:


Which of the following group of countries are members of the Niger Basin Commission?

A. The republic of Guinea, Burkina Faso and Nigeria
B. Ghana, liberia, and the republic of Benin
C. Mali, Liberia and Nigeria
D. Ghana , Burkina Faso and Chad


Question 382:


The major factors that facilitate merchandising are

A. Commuincation , advertising and banking
B. Trading, warehousing and production
C. Management, insurance, and advertising
D. Banking, insurance and transportation


Question 383:


The major factors that facilitate merchandising are

A. Commuincation , advertising and banking
B. Trading, warehousing and production
C. Management, insurance, and advertising
D. Banking, insurance and transportation


Question 384:


Product involves

A. Making goods avaiable where and when needed
B. Changing the form of goods, moving and making them avaiable as needed
C. The manufacturing of goods and provision of services
D. The assembling of all necessary parts to produce a finished product


Question 385:


The application of division of labour should generally bring about

A. Increase in the quantity of goods and service
B. Increase in the variety of goods and services
C. Cheapness of goods and services
D. Cost efficiency in the production of goods and services






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