Neco Commerce Past Questions and Answers

Question 181:

• NECO 2003

Which of the following organizations look after harbours, docks and waterways in Nigeria?

A. Nigeria Ports Authority
B. Nigeria Navy
C. Nigeria Export Promotion Council
D. Nigeria Shippers Council
E. Nigeria Customs Service

Question 182:

• NECO 2003

A form of business unit in which members are given patronage allowance is ____________

A. Co-operative society
B. Joint stock company
C. Public corporation
D. Partnership
E. Sole proprietorship

Question 183:

• NECO 2003

The service of a teacher is in the classification of ____________

A. Commerce
B. Direct service
C. Extractive occupation
D. Indirect services
E. Industrial occupation

Question 184:

• NECO 2003

A public limited company can borrow from the public to increase its capital by ____________

A. Debentures
B. Mortgage
C. Share
D. Stocks
E. Treasury bills

Question 185:

• NECO 2003

Combination of methods used by a firm for marketing its product is known as ____________

A. Marketing concept
B. Marketing mix
C. Market research
D. Market segmentation
E. Market share