Commerce 2001 Neco Past Questions and Answers

Question 46 :

• NECO 2001

What is NOT an advantage of indigenization?

A. Lt enhances the development of private initiative
B. Lt ensures that important social services are provided at affordable cost
C. Lt ensures that Nigerians control and run the business enter-prize of their country
D. It fosters and accelerates the pace of industrial development
E. There is a saving in foreign exchange

Question 47 :

• NECO 2001

Which union is formed by the workers of firms of similar line of business to cater for their interests?

A. Co-operative
B. Employees
C. Firms
D. Trade
E. Welfare