by Sunday | Jan 8 | Commerce WAEC
A. Low maintenance cost B. It is safe C. Continuous Flow of goods D. Prone to leakages Correct Answer: Option D D. Prone to leakages Explanation Pipeline transportation can be prone to leakages and authorized tapping by the people, as is the case in the Niger...
by Sunday | Jan 8 | Commerce WAEC
A. It leads to monopoly B. Buyers can buy unnecessarily C. Increase in profit D. High cost Correct Answer: Option C C. Increase in profit Explanation Advertising increases the profitability of an organization.
by Sunday | Jan 8 | Commerce WAEC
A. home and foreign trade B. wholesaler and retail trade C. trade and aids to trade D. wholesale and entrepot trade Correct Answer: Option C C. trade and aids to trade Explanation Commerce scop embraces trade and aids to...
by Sunday | Jan 8 | Commerce WAEC
A. Advertisement B. Communication C. Marketing D. Transportation Correct Answer: Option B B. Communication Explanation Communication is the process of exchange or transmission of meaningful information, feelings, opinions and ideas from one person to another. It is a...
by Sunday | Jan 8 | Commerce WAEC
A. Depreciation B. Reduction C. Devaluation D. Exchange rate Correct Answer: Option C C. Devaluation Explanation Devaluation is the lowering of the exchange value of a country’s currency against other currencies. This makes import to be expensive and import to...