Waec Commerce 2021 Past Questions and Answers

Question 11:

• WAEC 2021

A disadvantage of privatization is that

A. There is reduction in the quality of goods
B. There is incipiency in the supply of goods
C. The existence of monopoly is high
D. The profit motive outweighs public interest

Question 12:

• WAEC 2021

The act of placing goods in glass shields in front of shops to attract passersby is

A. Window display
B. Trade fair
C. Personal selling
D. Sales promotion

Question 13:

• WAEC 2021

The practice of making a state firm more profit-oriented is

A. Privatization
B. Nationalization
C. Deregulation
D. Commercialization

Question 14:

• WAEC 2021

Trade fairs and exhibitions are media of

A. Sales promotion
B. Market segmentation
C. Market research
D. Customer service.

Question 15:

• WAEC 2021

The income generated from tourism forms part of the country's

A. Visible imports
B. Visible exports
C. Invisible imports
D. Invisible