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Waec Commerce Past Questions and Answers

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Waec Commerce Past Questions

Question 2171:


The inter bank indebtedness is settled at the

A. Clearing house
B. Money market
C. Discount house
D. Stock exchange


Question 2172:


The concern of a marketing manager whose company has adopted the marketing mix concept is to?

A. Recruit more
B. Make maximum profit
C. Identify and satisfy customers needs
D. Maintain the company's share of the market


Question 2173:


The purpose of commercialization is to?

A. Encourage the participation of the private sector
B. Make state-owned firms more efficient
C. Encourage the flow of foreign capital
D. Enable state-owned firms pay tax


Question 2174:


Which of the following is a legal tender?

A. Cheque
B. Travellers cheque
C. Bank note
D. Goldsmith receipt


Question 2175:


Labour as an input in production can be motivated by

A. Training
B. Profit
C. Remuneration
D. Promotion






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