Neco Commerce 2004 Past Questions and Answers

Question 46:

• NECO 2004

The term “enterprise” denotes the ability to _____________

A. Bear risk
B. Control other factors of production
C. Maximize profit
D. Organize other factors of production
E. Plan for other factors of production

Question 47:

• NECO 2004

Brand name is used to _____________

A. Differentiate one’s goods with others
B. Make business much easier
C. Make selling more convenient
D. Package products
E. Standardize goods