WASSCE FOR SCHOOL CANDIDATES 2019

Question 1


  1. List four career opportunities available to a student of commerce.

  2. State two functions of an entrepreneur.

  3. Explain the following activities giving two examples each.

    1. extractive industry.

    2. construction industry .

    3. manufacturing industry

    4. tertiary industry.

     

Comments


Candidates who attempted this question performed well. However, some could not give examples of the industries.


The expected responses are.


  1. Career opportunities available to a student of commerce

  2. i.Trading/Wholesaling/Retailing

    vii. Transportation

    ii. Marketing/Salesmanship

    viii. Warehousing/Storekeeping

    iii. Agency

    ix. Stock broking

    iv. Banking

    x. Tourism

    v. Accountancy/Accounting

    xi. Communication

    vi. Insurance

    xii. Advertising

  3. Functions of an Entrepreneur

    1. An entrepreneur organises all the other factors of production.

    2. He provides capital.

    3. He takes the final decisions on all matters concerning the business.

    4. He bears all the business risks.

    1. Extractive industry

    2. This deals with obtaining materials from nature or earth. Examples are farming, fishing, lumbering, mining and drilling

    3. Construction industry

    4. This involves the assembling of manufactured products into useable forms. It includes furniture making, construction of bridges, roads, rail and seaports.


    5. Manufacturing industry

    6. This involves the changing of raw materials into finished and semi finished goods. Activities in this sector include making of vehicles, textiles, refining and brewing.


    7. Tertiary industry

  4. This is concerned with the provision of commercial services including direct and indirect


    services. It involves the distribution and exchange of goods and services. Examples are


    banking, teaching, barbing, trading, entertainment, medical and legal services.