Waec Commerce Past Questions and Answers

Question 556:

• WAEC 1994

An alternative term for ordinary shares is?

A. Unit trust
B. Gilt-edged securities
C. Equities
D. Bonus issues
E. Right issues

Question 557:

• WAEC 1994

The retail of goods through currency operated machines is known as?

A. Mail order business
B. Automatic vending
C. Party selling
D. Impulse buying
E. Merchandising

Question 558:

• WAEC 1994

Any paid form of non-personal presentation of ideas, goods or services by an identified sponsor is known as?

A. Market research
B. Market orientation
C. Open market operation
D. Advertising
E. Sales promotion

Question 559:

• WAEC 1994

The art of achieving stated objectives of a business organisation in a most efficient way through the use of human and material resources is?

A. Planning
B. Co-ordinating
C. Management
D. Motivation
E. Control

Question 560:

• WAEC 1994

ECOWAS headquarters is located in?

A. Ghana
B. Nigeria
C. Senegal
D. Sierra Leone
E. Togo