WAEC Commerce Past Questions & Answers - Page 290

1,446.

Which of the following involves gathering and analysing information about demand, consumers wants and new products?

A.

Sales promotion

B.

Market research

C.

Personal selling

D.

After-sales service

E.

Physical distribution

Correct answer is B

No explanation has been provided for this answer.

1,447.

The Act designed to reserve certain businesses exclusively for Nigerians is known as the?

A.

Sale of Goods Act

B.

Weights and Measures Act

C.

Nigerian Enterprises Promotion Act

D.

Standards Organization of Nigeria Act

E.

Trade Marks Act

Correct answer is C

No explanation has been provided for this answer.

1,448.

The state of scientific knowledge and production process obtainable in a country is part of the?

A.

economic environment of business

B.

political environment of business

C.

legal environment of business

D.

techonolgical environment of business

E.

cultrual environment of business

Correct answer is D

No explanation has been provided for this answer.

1,449.

The value stated on the share certificate as opposed to the current value is called?

A.

premium value

B.

exchange value

C.

nominal value

D.

discount value

E.

market value

Correct answer is C

No explanation has been provided for this answer.

1,450.

One of the reasons for national of industries is?

A.

for efficient management

B.

to comtrol corruoption and nepotism

C.

increase the number of shareholders

D.

to control corruption performance of strategic industries

E.

to drive away foreign investors

Correct answer is D

No explanation has been provided for this answer.