Waec Commerce Past Questions
Question 1981
An organizational chart of a company shows the
- A. arrangement of equipment in the company
- B. financial status of employees in the company
- C. geographical location of the company
- D. hierarchy of staff in the company
Question 1982
The number of subordinates a head of department supervises is
- A. unity of command
- B. chain of command
- C. span of control
- D. unity of direction
Question 1983
A disadvantage of privatization is
- A. high motive for profit than public interest
- B. decline in the supply of goods
- C. less efficiency in production of goods
- D. increase in government expenditure
Question 1984
A requirement for an offer to be valid is that it should be
- A. witnessed by a third party
- B. something of value
- C. made to one person only
- D. communicated to the offeree
Question 1985
An agency agreement in which the principal approves the action of his authorized representative is agency by
- A. ratification
- B. necessity
- C. implication
- D. estoppel
