Waec Commerce 2017 Past Questions and Answers

Question 51:

• WAEC 2017

Balance of payment deficit may be caused by?

A. Revaluation of currency
B. Sales of foreign reserves
C. Unrestricted exports
D. Unrestricted imports

Question 52:

• WAEC 2017

(a) What is E-Commerce
(b) State four advantages and four disadvantages of privatization

Question 53:

• WAEC 2017

(a) Define communication
(b) List six means of communication in business
(c) In what four ways is communication important to business?

Question 54:

• WAEC 2017

Explain the following retail outlets:
(i) department store (ii) mobile shop (iii) chain store (iv) mail order business (v) supermarket

Question 55:

• WAEC 2017

(a) State five merits of co-operative societies
(b) Explain five procedure to be followed in the formation of a Private Limited Company