Waec Commerce 1998 Past Questions and Answers

Question 61:

• WAEC 1998

Measuring performance against the set objectives is a management function that relates to

A. Staffing
B. Planning
C. Organizing
D. Motivating
E. Controlling

Question 62:

• WAEC 1998

The setting of objectives and determination of the best way to achieve them are known as

A. Coordinating
B. Planning
C. Organizing
D. Motivating
E. Controlling

Question 63:

• WAEC 1998

When a company sells its shares to an issuing house which later sells to the public, it is called

A. An offer for sale
B. A rights issue
C. A public issue
D. An issue by prospectus
E. A private placing

Question 64:

• WAEC 1998

When an industry formerly owned by individuals is taken over by the government, such an industry becomes

A. Privatized
B. Nationalized
C. Commercialized
D. Indigenized
E. Legalized

Question 65:

• WAEC 1998

The major aim of indigenization is to

A. Standardize products
B. Accelerate participation of citizens in business
C. Promote international co-operation
D. Differentiate a country's product from the orders
E. Discourage foreign investment