Waec Commerce Past Questions and Answers

Question 411:

• WAEC 1992

(a) What is Planning?
(b) What are the benefits of planning in business management?
(c) Mention four functions of the personnel department of a business establishment.

Question 412:

• WAEC 1992

(a) Explain five reasons why consumers need protection.
(b) Mention any five government legislations aimed at protecting the consumer.

Question 413:

• WAEC 1992

(a) Explain the following services provided by NIPOST:
(i) Business Reply Service
(ii) Express Delivery
(iii) Poste Restante
(iv) Cash on Delivery
(v) Recorded Delivery
(b) State five ways in which communication is important to commerce.

Question 414:

• WAEC 1993

The function of commerce in production is that it?

A. Helps in the extraction of raw materials
B. Provides a link between the different arms of production
C. Is the only branch that satisfies wants
D. Yields result
E. Changes raw materials to finished goods

Question 415:

• WAEC 1993

The function of commerce in production is that it?

A. Helps in the extraction of raw materials
B. Provides a link between the different arms of production
C. Is the only branch that satisfies wants
D. Yields result
E. Changes raw materials to finished goods