Waec Commerce Past Questions and Answers

Question 706:

• WAEC 1996

Which of the following is not a way of raising capital for business?

A. Issuing of bonds
B. Borrowing
C. Savings
D. Ploughing back profit
E. Issuing dividend warrants

Question 707:

• WAEC 1996

In a business environment, which of the following variables can a business man conveniently control?

A. Product
B. Politics
C. Culture
D. Economy
E. The laws

Question 708:

• WAEC 1996

Which of the following is not a reason for imposing import duties? To

A. Improve balance of trade
B. Improve quality of goods for consumers
C. Obtain revenue
D. Protect infant industries
E. Prevent dumping

Question 709:

• WAEC 1996

The face to face contact between sellers and buyers with the aim of selling a product is known as

A. Personal selling
B. Customer cordination
C. Promotion
D. Advertising
E. Public relation

Question 710:

• WAEC 1996

Which of the following is the main tool of mass selling

A. Public relations
B. Personal selling
C. Consumer research
D. Customer orientation
E. Advertising