NECO 2019 Commerce Obj And Essay Answer – June/July Expo

NECO Commerce Obj And Essay/Theory Solution Questions and Answer – JUNE/JULY 2019 Expo Runz.

invite your friends and family to 042tvseries.com We Post Sure and Legit Answer. Please Make Sure You Subscribe to get answers before the exam

Commerce OBJ:
1-10: ACAEDABDAC
11-20: EBEDEDCDBC
21-30: ADAABCDBAC
31-40: BADBEEEBCD
41-50: EAEECDECED
51-60: CBEBADEBBB

---

(1a)
Multilateral trade is a type of international trade in which a country trades with many other countries. This ensures international division of labour.

(1b)
(i) Foreign trade involves the exchange of goods and services across national frontiers while
internal trade involves the exchange of goods within the borders of a country.
(ii) In foreign trade, buyers and sellers use different currencies whereas buyers and sellers in home
trade use the same type of currency.
(iii) There is possibility of restriction - tariffs, import duties, export duties, quotas, embargoes when goods are exchanged across national boundaries while this does not occur in home trade.
(iv) There are differences in systems of weighing and measuring in one country vis-à-vis an other. A country has only one system of such weighing and measuring.
(v) Foreign trades require knowledge of new languages and interpretations while in domestic trade, a common language is used
(vi) There are also difference in legal system and cultural under international trade but the legal state are the same in domestic trade

(1c)
(i) Nigeria
(ii)USA
(iii)Japan
(Iv)Britain

---

(2a)
(i)Direct production costs are product costs directly related to the production process, such as raw materials, the main material, purchased semi-finished products, production workers, wages, machinery and equipment depreciation.
(ii)Indirect cost of production is the production process and product are not directly related costs such as machine material consumption, auxiliary workers and plant management personnel salaries, workshop housing depreciation.

(2b)
(i)Production has been the path to development: It has been the strategic achievement of rich nations over the last several hundred years to create a high-quality manufacturing sector in order to develop national wealth and power.
(ii) Improvement in standard of living:- production helps to ensure adequate improvement of the standard of living of the people 
(iii) Provision of employment:- continuous production ensures the employment of many people
(iv) Increase In export potential:- Production also assists a state or nation to boost her export of goods and services to other nations.

---

(3)
(i) Branding:- This is the process of attaching trade name to a product to differentiate from other products
(ii) Credit card:- This is a system which model the use of plastic cards to purchase goods and services on credit from a particular sellers up to a specific amount payable late.
(iii) Packaging:- This is a system whereby goods are packed and wrapped in a container, weighted and priced before they are offer for sale
(iv) Road side trading:- These are the system of selling whereby the seller arrange their goods on the road at the front of houses, School etc. it is a small scale business
(v) Vending machine:- This is the modern form of trading whereby a machine dispense goods when a specific amount is inserted in it.

---

(4)
(i)Protection of national industry.
(ii)Protection of natural environment.
(iii)Protection of world fauna and flora.
(iv)Protection of consumers.
(v)Protection of the society.

(i)Protection of national industry : they protect against a trade in goods which would affect adversely the conditions of competition in the country.
(ii)Protection of natural environment: protection against an entry of hazardous substances and micro-organisms.
(iii)Protection of world fauna and flora: custom protect against illegal predatory circulation of endangered species
(iv)Protection of consumers: They also help to protect against the entry into the market of goods which are substandard with relation to Polish norms or whose period of use has expired.
(v)Protection of the society: customs protect the society against the entry of goods, items or appliances which are hazardous to life, health and safety of citizens or jeopardising the security of he country (e.g. weapons, paralysing gases etc.)

---

(5a)
Money can be define as any thing that is generally acceptable as a medium of exchange and in the settlement of debts

(5b)
(i) money is generally acceptable while other commodities are not
(ii) money is portable while other commodities may not be portable 
(iii) money is durable while commodities are not
(iv) money is relatively scarce while other commodities are not
(v) money is stable while other commodities are not
(vi) money can serve as a store of value while other commodities cannot 

(5c)
(i) Acceptance Of deposit
(ii) Agent Of Payment 
(iii) Lending Of money 
(iv) Sage Keelung Of valuables

---

(6)
(i)Buying and Assembling
(ii)Selling
(iii)Transportation
(iv)Standardization and Grading
(v)Financing

(i)Buying and Assembling: It involves what to buy, of what quality, how much from whom, when and at what price. People in business buy to increase sales or to decrease costs.
(ii)Selling: It is core of marketing. It is concerned with the prospective buyers to actually complete the purchase of an article. It involves transfer of ownership of goods to the buyer. 
(iii)Transportation: Transportation is the physical means by which goods are moved from the places where they are produced to those places where they are needed for consumption. 
(iv)Standardization and Grading: Standardisation means establishment of certain standards or specifications for products based on intrinsic physical qualities of any commodity. This may involve quantity (weight or size) 
(v)Financing: It involves the use of capital to meet financial requirements of agencies dealing with various activities of marketing. The services to provide the credit and money needed.

---

(7)
(i) Amalgamation:- This is the coming together of two or more previously independent firms to form one large company or firm
(ii) Barkward integration:- This is the integration or coming together of different firms, where a firm or business merged with the firm supplying it with its raw materials 
(iii) Consortium :- This is a group Of independent firms formed to work on a particular project that is too complex to complete for a single firm 
(iv) Parent company:- This is a holding company which has control over other firms known as subsidiaries 
(v) trust:- This is the coming together of different competing firms in different lines of business under a single control. Each of them will retain their identity

---

(8a)
Commercialisation is a policy geared towards making state-owned enterprises to become more efficient and profit oriented. This policy makes it possible for public enterprises to become more viable and effective.

(8b)
(i)Efficient management
(ii)To generate more Revenue
(iii)Reduction in public expenditure and participation of private individual
(iv)Autonomy of enterprises and Removal of unproductive enterprises.

(i)Efficient management: Commercialization help government to develop a good and efficient management of public and private enterprises.
(ii)To generate more Revenue: Commercialisation assist the government to generate more Revenue.
(iii)Reduction in public expenditure and participation of private individual: Commercialisation help in reducing public expenditure on enterprise and also assist individuals to participate in economic activities through ownership of enterprises
(iv)Autonomy of enterprises and Removal of unproductive enterprises: Commercialisation helps to provide autonomy for the government/private enterprises and also assist to remove or divest unproductive enterprises in the economy.

---

(9a)
[PICK FOUR]
(i)Planning enables an organization to set up goals and target
(ii)It helps to accomplish the set of goals and objective
(iii)Planning helps in setting up policies, procedures and schedules for meeting the goals
(iv)Planning leads to acceptable decision
(v)It helps in forecasting the activities of an organization over a period of time

(9b)
(i)To make profit
(i)To contribute to growth of economy
(ii)To create employment opportunities
(iii) To bring innovations

(9c)
[PICK FOUR]
(i)Setting of standards
(ii)Measuring progress with standard
(iii)Interpretation of results
(iv)Taking corrective actions
(v)Directing or influencing
(vi)Supervising and staffing

---

---

SEE ALL QUESTIONS BELOW:
CLICK HERE FOR THE IMAGE
CLICK HERE FOR THE IMAGE
CLICK HERE FOR THE IMAGE
CLICK HERE FOR THE IMAGE
CLICK HERE FOR THE IMAGE
CLICK HERE FOR THE IMAGE
CLICK HERE FOR THE IMAGE
CLICK HERE FOR THE IMAGE
CLICK HERE FOR THE IMAGE
CLICK HERE FOR THE IMAGE

---

WE ASSURE YOU THEORY/OBJ TO COME BEFORE THE EXAM TIME 100%

---

COMPLETED - GOOD LUCK

=========================

042tvseries.Com send all exam expo answer earlier than others

============================

NECO ssce 2019 Commerce expo answers, Ssce 2019 Commerce objective and essay Expo answers now available, june/july Commerce theory Answers for 2019, Commerce obj and theory Questions NECO Ssce Expo Answers Here, Free wassce Commerce objective, essay & theory correct Expo 2019 answers Runz NECO Commerce, NECO Ssce 2019 Free Commerce essay, obj and theory Questions and Answers Expo for NECO Commerce Paper 1 and Paper 2 objective and essay Questions and Answers Expo Now Posted, Free Commerce objective ans for internal ssce, see NECO ssce expo Commerce obj and theory, essay questions for free, loadedexpo correct wassce Commerce ans, sure NECO ssce Commerce objective answers runz runs expo free real and correct NECO ssce 2019 june/july Commerce free expo runz runs ans answers online for free see free answers online, 2019 Verified NECO Free Ssce Commerce Obj and theory Answers have been posted REAL NECO SSCE Commerce QUESTIONS & ANSWERS Direct To Phone Number AS Text message, RE: 2019 WASSCE Commerce (Expo) NECO 2019 certified runs Commerce questions and answers NECO SSCE June/July 2019 Commerce THEORY / ESSAY / OBJ QUESTION AND EXPO I need NECO ssce free expo site, how can I get NECO Commerce answer for free, NECO 2019 Commerce essay, Objective And Theory Question and Answer Now Posted, Real 2019/2020 june/july wassce NECO Commerce objective, essay and theory 100% correct expo questions and answers runz chokes runs, verified 2019 NECO Commerce theory, essay and obj NECO Commerce expo website, NECO ssce Commerce live cheats, sure June/July NECO SSCE 2019 Commerce original objective, theory and essay questions and answer now available here, 100% NECO ssce Commerce expo, 2019 wassce Commerce obj, essay and theory runz now posted, correct NECO ssce Commerce objective, essay (theory) answer now ready, free 2019 wassce Commerce obj, theory and essay best expo site NECO ssce Commerce questions and answers, password for certified NECO ssce Commerce essay theory obj expo, how to get/ where to get wassce Commerce theory, essay and objective expo answer direct to my phone as text message, trusted NECO ssce Commerce questions and answer, i need NECO Ssce june/july Commerce essay theory objective obj Expo 2019 answers on whatsapp, gidifans Commerce answer, solutionclass Commerce answer, 042tvseries Commerce answer, codedexam NECO Commerce answer, wapbaze Commerce answer, wapextra Commerce expo, Martinlibrary Commerce expo, examgists NECO Commerce expo, NECO Commerce objectives answer, naija NECO Commerce expo free answer

Real and Confirmed NECO Commerce Questions and Expo Answer – June/July 2019

Verified NECO 2019 June/July Commerce OBJ and Essay Answer and Solution to the questions.

GOODLUCK!!!

We appreciate you for reading On baze360, but we think it will be better you like our facebook fanpage and also follow us on twitter below.
Follow @Yloadedofficial

Are you an artiste? Do you want your music to go viral and reach a large number of audience? Promote your music on baze360 by clicking here. You can also advertise your product or brand by clicking here.