Waec Commerce 2006 Past Questions and Answers

Question 36:

• WAEC 2006

The process of putting goods in attractive packets to arouse the interest of customers is

A. Collation
B. Wrapping
C. Branding
D. Packaging

Question 37:

• WAEC 2006

Which of the following is not reason for nationalization

A. Encouraging foreign investors
B. Reducing the remittance of profits abroad
C. Training local enterpreneus
D. Controlling the country's key industries

Question 38:

• WAEC 2006

Any activity aimed at finding out the wants of consumers and supplying them at a profit is referred to as?

A. Promotion
B. Marketing
C. Segmentation
D. Penetration

Question 39:

• WAEC 2006

The reduction in the value of a country's currency in relation to other country's currencies is

A. Devaluation
B. Inflation
C. Deregulation
D. Fluctuation

Question 40:

• WAEC 2006

Which of the following is the main purpose of a third party insurance? To

A. Indemnify an injured outsider
B. Indemnify the insured
C. Protect the vehicle against theft
D. Compensate the driver for injuries sustained