waecE-LEARNING
Home
Technical
Mathematics
Languages
Science
Social Science
Art
Literature Arabic Islamic Studies C.R.KHistory MusicVisual Art Clothing/Textile Home Management Shorthand
 
Commerce Paper 1, May/June 2009  
Questions: 1 2 3 4 5 6 7 8 9 10 Main
General Comments
Strength
Weakness/Remedies










Question 1

(a)           Differentiate between Industry and commerce
(b)          List and explain four activities of those engaged in commercial occupation.

 

observation

This was a popular question with candidates. Part (a) was well answered by
most candidates. However a few of them failed to apply the contrasting
conjunction. The part (b) of the question required the explanation of the
activities of those engaged in commercial occupations but the candidates
defined the activities rather than explaining them. Some of the answers
expected from the candidates were:
               (i) Banking:            Those working as bankers provide facilities for saving,borrowing, investing and payments for business transactions.
               (ii) Advertising: Advertising practioners inform potential buyers and sellers about existence, nature, use, price of goods and services through various advertising media.
               (iii) Insurance: Insurers provide cover for business risks and compensation in case of loss etc.

Powered by Sidmach Technologies(Nigeria) Limited .
Copyright © 2012 The West African Examinations Council. All rights reserved.