Waec Commerce Past Questions and Answers

Question 181:

• WAEC 1990

The purchase of one company by another is called?

A. Incorporation
B. Merger
C. Cartel
D. Nationalization
E. Privatization

Question 182:

• WAEC 1990

The main object of a cartel agreement is to control?

A. Output to maintain price
B. Directors to achieve higher profits
C. Workers to increase output
D. Requirement to cut cost
E. Shareholders to maintain shares

Question 183:

• WAEC 1990

Which of the following concepts is concerned with determining the business objectives and how they can be achieved?

A. Planning
B. Organization
C. Co-ordinating
D. Motivating
E. Delegating

Question 184:

• WAEC 1990

A holding company assumes control of its subsidiaries through?

A. Taking over routine administration
B. Becoming the principle customer
C. Majority shareholding
D. Paying all the debts outright
E. Taking over only the assets

Question 185:

• WAEC 1990

The accomplishment of a good company's objective by guiding and motivating subordinates is known as?

A. Planning
B. Organizing
C. Managing
D. Controling
E. Directing