WAEC Commerce Past Questions & Answers - Page 156

776.

When a Public Limited Company is incorporated it means that

A.

it is entitled to commence business

B.

It has been given certificate of trading

C.

It has a legal existence

D.

its shares cannot be transffered

E.

it has to issue a statutory declaration

Correct answer is C

No explanation has been provided for this answer.

777.

The aspect of management which ensures that there is no deviation from the set standards is called

A.

controlling

B.

planning

C.

commanding

D.

organizing

E.

directing

Correct answer is A

No explanation has been provided for this answer.

778.

An established pattern of relationships among members of an organization is known as

A.

organizational behaviour

B.

organizational structure

C.

organizational manual

D.

organizational climate

E.

span of control

Correct answer is A

No explanation has been provided for this answer.

779.

Span of control is defined as the

A.

authority of the supervisior

B.

qualification possessed by the supervisor

C.

number of staff in the organization

D.

number of surbodinates reporting directly to a supervisor

E.

ability of the supervisor to delegate authority

Correct answer is D

No explanation has been provided for this answer.

780.

Self-service, mail order and automatic vending are examples of

A.

marketing mix

B.

sales promotion

C.

public relations

D.

selling techniques

E.

personal selling

Correct answer is D

No explanation has been provided for this answer.