Waec Commerce Past Questions and Answers

Question 51:

• WAEC 1989

Which o the following is not a component of a company's marketing mix?

A. Production planning and price structure
B. Promotional plan
C. Distribution plan
D. Economic plan
E. Public relations plan

Question 52:

• WAEC 1989

An important marketing concept is that all company planning and operations should be?

A. Profit-oriented
B. Company-oriented
C. Organization-oriented
D. Dividend-oriented
E. Customer-oriented

Question 53:

• WAEC 1989

Which of the following is the the main aim of the Indigenization Decree?

A. Alleviate the effect of inflation
B. Eliminate foreigners from Nigerian economy
C. Remove all obstacles to commercial activities
D. Allow Nigerians greater participation in commercial activities
E. Alleviated the effect of depressed economy

Question 54:

• WAEC 1989

Which of the following institutions provides the volume of credit to the public?

A. Building societies
B. Mail order business
C. Department stores
D. Finance houses
E. Bank

Question 55:

• WAEC 1989

When a cheque has special crossing it should be?

A. Cashed by the drawer
B. Cashed over counter
C. Paid into a named bank
D. Paid to the drawee
E. Paid into Central Bank