Waec Commerce 2021 Past Questions and Answers

Question 56:

• WAEC 2021

(a) What is Entrepot Trade?
(bi)Differentiate between a Bill of Lading and Consignment Note
(bii) Explain the use of bill of sight in foreign trade
(c) State five reasons for the criticism against Advertising

Question 57:

• WAEC 2021

Madam Fana, the human resources manager of Baku limited, is due to start her annual leave. She wishes to assign one of her assistants to perform her duties in her absence.
(i) identify and explain the organizational principle on which Madam Fana has based her decision
(ii) State four duties of Madam Fana in Baku limited.
(iii) Explain the following management functions: (a) Planning: (b) Organizing (c) Directing: (d) Controlling