WAEC Commerce Past Questions & Answers - Page 298

1,486.

Which of the following is not an advantage of advertising? It

A.

gives information about products

B.

increases sales

C.

increases production

D.

improves the quality of products

E.

introduces new products

Correct answer is D

No explanation has been provided for this answer.

1,487.

The concept of marketing as a process which begins and ends with the needs and wants of the consumer rather than those of the organization is called?

A.

caveat venditor

B.

consumer orientation

C.

consumer association

D.

consumer protection

E.

caveat emptor

Correct answer is B

No explanation has been provided for this answer.

1,488.

The taking over by state of ownership and control of certain business enterprises is known as?

A.

indigenization

B.

nationalization

C.

privatization

D.

commercialization

E.

rationalization

Correct answer is B

No explanation has been provided for this answer.

1,489.

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

Correct answer is E

No explanation has been provided for this answer.

1,490.

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

Correct answer is C

No explanation has been provided for this answer.