Economics WAEC - Page 105 of 319

When public enterprises become commercialized, it means that?

A. the product of the enterprises are further subsidized B. they are expected to operate with the primary aim of making profits C. the government has decided to divest itself of such enterprises D. the staff of the enterprises will be laid off Correct Answer: Option B...

One of the major advantages of public enterprises is that?

by Sunday | Aug 3 | Economics WAEC

A. they are highly subsidize B. they are the largest employers of labour C. their operations are highly standardized D. they take prompt decisions and actions Correct Answer: A – they are highly subsidize

The major reason for the survival of small shops despite competition from large business enterprises is because of?

by Sunday | Aug 3 | Economics WAEC

A. the small capital outlay involved B. regularity and constant supply of commodities by them C. their local services and longer hours of operation D. their level of managerial competence Correct Answer: Option C – their local services and longer hours of...

In a joint-stock company, preference shareholders are those who receive?

by Sunday | Aug 3 | Economics WAEC

A. high dividends when profits are high and little or nothing when profits are low B. a fixed rate of dividend and have the first claim on the net profits of the company C. the remaining profits after all other shareholders have been paid D. dividends quarterly when...