Waec Commerce Past Questions and Answers

Question 641:

• WAEC 1996

Which of the following stresses the use of only specialists to head departments?

A. Committee organisation structure
B. Line organisation structure
C. Line and staff organisation structure
D. Functional organisation structure
E. Centralization

Question 642:

• WAEC 1996

The process of involving local businessmen in the ownership and control of businesses that were formerly owned by foreigners is called

A. Nationalization
B. Industrialization
C. Indeginization
D. Commercialization
E. Privatization

Question 643:

• WAEC 1996

Which of the following functions is not performed by retailers?

A. Breaking bulk
B. Ensuring regular stock for consumers
C. Branding and packaging
D. Insuring goods for customers
E. Storing variety of goods

Question 644:

• WAEC 1996

Which of these management functions involves checking performance against set standards?

A. Controlling
B. Coordinating
C. Planning
D. Directing
E. Organizing

Question 645:

• WAEC 1996

The form given by the Customs Authority to enable an importer examine goods before the arrival of the bill of lading is known as

A. Entry for warehousing
B. Certificate of origin
C. Bill of sight
D. Bill of exchange
E. Dock warrant