Waec Commerce 1999 Past Questions and Answers

Question 36:

• WAEC 1999

The task of grouping consumers according to their buying habits is known as market

A. Diversification
B. Development
C. Expansion
D. Segmentation

Question 37:

• WAEC 1999

Which of the following is not an economic grouping?

A. ECOWAS
B. GATT
C. ECOMOG
D. EEC

Question 38:

• WAEC 1999

Business losses in nationalized industries are borne by the

A. Shareholders
B. Debenture holders
C. Board of directors
D. Public

Question 39:

• WAEC 1999

Which of the following can be sold through a vending machine?

A. Cigarettes
B. Shirts
C. Handbags
D. Shoes

Question 40:

• WAEC 1999

Which of the following is the most suitable channel of distribution for technical goods?

A. Manufacturer-retailer-consumer
B. Manufacturer-wholesaler-retailer-consumer
C. Manufacturer-wholesaler-consumer
D. Manufacturer-consumer