Waec Commerce 2018 Past Questions and Answers

Question 46:

• WAEC 2018

The inter bank indebtedness is settled at the

A. Clearing house
B. Money market
C. Discount house
D. Stock exchange

Question 47:

• WAEC 2018

The concern of a marketing manager whose company has adopted the marketing mix concept is to?

A. Recruit more
B. Make maximum profit
C. Identify and satisfy customers needs
D. Maintain the company's share of the market

Question 48:

• WAEC 2018

The purpose of commercialization is to?

A. Encourage the participation of the private sector
B. Make state-owned firms more efficient
C. Encourage the flow of foreign capital
D. Enable state-owned firms pay tax

Question 49:

• WAEC 2018

Which of the following is a legal tender?

A. Cheque
B. Travellers cheque
C. Bank note
D. Goldsmith receipt

Question 50:

• WAEC 2018

Labour as an input in production can be motivated by

A. Training
B. Profit
C. Remuneration
D. Promotion