WAEC Past Questions and Answers - Page 142

706.

The setting of objectives and determination of the best way to achieve them are known as

A.

coordinating

B.

planning

C.

organizing

D.

motivating

E.

controlling

Correct answer is E

No explanation has been provided for this answer.

707.

Measuring performance against the set objectives is a management function that relates to

A.

staffing

B.

planning

C.

organizing

D.

motivating

E.

controlling

Correct answer is E

No explanation has been provided for this answer.

708.

Any action taken by a company outside its stated objectives is regarded as

A.

caveat emptor

B.

ultra vires

C.

uberrimae fidei

D.

exemption

E.

formality

Correct answer is B

No explanation has been provided for this answer.

709.

The management of a company with a view to ending its operation is known as

A.

low gearing

B.

high gearing

C.

liquidation

D.

horizontal integration

E.

vertical integration

Correct answer is C

No explanation has been provided for this answer.

710.

The agency in Nigeria which ensures that products conform to government specifications and quality control is the

A.

Nigerian Labour Congress

B.

Manufacturers Association of Nigeria

C.

Nigerian Chamber of Commerce

D.

Standards Organization of Nigeria

E.

Ministry of Commerce and Industry

Correct answer is D

No explanation has been provided for this answer.