Waec Commerce 1990 Past Questions and Answers

Question 106:

• WAEC 1990

(a) What is delegation of authority?
(b) State four advantages of delegation of authority.

Question 107:

• WAEC 1990

(a) Explain each of the following:
(i) Chamber of Commerce
(ii) Trade Association.
(b) Give any four functions each of a Chamber of Commerce and a Trade Association.

Question 108:

• WAEC 1990

(a) What is marketing concept?
(b) Explain the four elements of the marketing mix.