Commerce 2013 Waec Past Questions and Answers

Question 26 :

• WAEC 2013

The concept which says that a company's production policy should be centered on the ultimate user of the product is known as

A. Market segmentation
B. Consumer sovereignty
C. Marketing mix
D. Marketing research

Question 27 :

• WAEC 2013

The various rights attached to different classes of shares are stated in the

A. Articles of association
B. Memorandum of association
C. Balance sheet
D. Prospectus

Question 28 :

• WAEC 2013

Which of the following is a feature of supermarkets?

A. Gives credit to reliable customers
B. Specializes in one line of product
C. Goods are on display with price tags
D. Does not have to provide storage facilities

Question 29 :

• WAEC 2013

Public enterprises are financed mainly by

A. The shareholders
B. Commercial banks
C. Government grants
D. Mortgage banks

Question 30 :

• WAEC 2013

A personal computer on sale in an office equipment shop is an example of

A. Stock
B. Fixed asset
C. Liability
D. Fixed capital