Waec Commerce 1992 Past Questions and Answers

Question 86:

• WAEC 1992

(a) Mention five types of business environment
(b) Why do companies continue to advertise in spite of the criticisms levelled against it?

Question 87:

• WAEC 1992

(a) What is the importance of warehousing to Commerce?
(b) What factors should be considered in siting a small retail shop?

Question 88:

• WAEC 1992

(a) What is personal selling?
(b) Explain five ways in which personal selling is important to firm.

Question 89:

• WAEC 1992

(a) Explain the Second Tier Security Market.
(b) Justify the existence of the Second Tier Security market.

Question 90:

• WAEC 1992

(a) What is Planning?
(b) What are the benefits of planning in business management?
(c) Mention four functions of the personnel department of a business establishment.