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NABTEB Commerce OBJECTIVES (OBJ) ANSWERS LOADING

2022 VERIFIED Commerce NABTEB OBJ Answer getting ready 90%:

NABTEB Commerce Obj Ready!

1-10: ABACABDDCB
11-20: ADBAACBABA
21-30: CACBCDAABB
31-40: DCADBCDDAD
41-50: DCDADABBAD

Commerce NABTEB  Answers 2022

Today’s NABTEB Commerce Theory Questions and Answers 2022 Ready…

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(8a)
Market segmentation is the act of dividing a market into sub-markets of buyers with common needs or characteristics and designing a marketing mix to satisfy their needs and wants.

(b) PICK 4 ONLY
(i) Income: This looks at the consumer’s disposable income. This group is made up of high, middle or low income earners. Their purchasing power and needs vary according to their income levels.

(ii) Sex/Gender: Here the gender of the consumers is taken into consideration when grouping the market, i.e whether they are males of females.

(iii) Geographic location: Under this, the market is grouped based on the location of the consumers. it can be urban, semi-urban, local, foreign or rural area. It may also take into consideration climatic or regional conditions.

(iv) Age: Here, the grouping of market is done in line with the age of the consumers. That is children, teenagers, adults or the aged.

(v) Family size: The number of people in a family will affect the size of their purchases.

(vi) Benefits sought/needs/ behaviour: This is based on the consumers needs, wants and buying behaviour.

(vii) Occupation: Market can be grouped to address the occupational requirements of the consumers. Different occupations determine the needs and wants of a buyer.

(vii) Education: Educational level can affect what consumers demand. So, the market could be grouped based on the educational levels to satisfy their needs.

(ix) Social class: One’s standing or status in the society affects one’s choices of goods. Hence, market may be grouped in line with different social status

(x) Ethnicity/Culture/Religion: Market segmentation could be based on races, beliefs, religion and ways of life.

(xi). Rate of usage: This take into consideration how consumers use the products. There are long or short period of usage and large or small product size usage.

More On Questions and Answers 2022 NABTEB Commerce

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(9a) PICK 5

(i) The liability of the owners is limited to their investment in the company.

(ii) The company is a legal entity; as a result, it can sue and be sued.

(iii) The affairs of the company is managed by Board of Directors as ownership is separated from management.

(iv) In case of liquidation, the company’s assets will be used to settle debts.

(v) The company’s authorized capital is divided into shares.

(vi) The affairs of the company are governed by memorandum and article of association, formation or incorporation.

(vii) Dividend is based on the number of shares owned/Return on investment is called dividend.

(b)
(I) Distance: The cost of freight. whether by road, air or sea is high, as well as the risk of loss or damage since most merchants do not always take Insurance policy.

(ii) Difference in Currency: Fluctuations in exchange rate may work against the volume of transactions as well as non-availability of foreign currency.

(iii) Difference in Language is a serious set back in international trade: Most countries experience translation problems which result in loss of accurate meaning to words and terms. – Also understanding communications among countries becomes more difficult. – Engagement of interpreters involves extra cost.

(iv) Difference in Culture plays important role in slowing down the face of international trade – In particular, the choice of symbols, signs and trademarks are limited since the country may not understand them. – Cultural taboos inhibit trade.

(v) Difference in legal system emigration laws: – Business is not regulated by the law of the importing country but by international law. There is need for the knowledge of other countries’ laws, to assist countries/business men in trade transactions.

(vi) Difference in weights and measures: The issue of weight and measures creates a problem of conversion from imperial to metric system. etc.

(vii) Political instability: The issue of frequent change of government and rampant coup’s as well as wars and disagreement among nations disturb trade.

(viii) Imposition of tariff – quotas, exchange control: -Flexible customs regulations and tariff limit the extent of foreign trade.

(ix) Documentation: Too many documents are required which involve extra cost and personnel, thereby slowing down transactions among nations

 

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Commerce NABTEB 2022 Answers Now Ready… 

EXAMINATION SCHEME FOR NABTEB 2022 Commerce

If you’re wondering what the 2022 Nabteb Commerce question paper will look like, you can get the main gist/expo here as we reveal and explain everything without holding anything back.

The Physics NABTEB 2022 QUESTIONS paper in 2022 will be divided into two sections: objective and theory. Here are some hints about the content of these TWO sections. Please keep in mind that all (two) sections must be completed on the SAME DAY and within a specific time frame. Join us as we dissect the two sections of the Commerce question paper for the year 2022.

2022 NABTEB Commerce paper 1: keep in mind that you will have to answer at least 50 questions in the object (OBJ) section, each of which is worth one mark, for a total of 50 marks.

2022 NABTEB Commerce paper 2: this is the theory section, where you will be required to answer only 5 questions out of a total of 11.

EXAMINATION INSTRUCTIONS FOR THE NABTEB 2022 Commerce EXAMINATION

  • If you aren’t told to, don’t open your booklet.
  • At the end of the exam, always write your name on the WAEC attendance sheet.
  • When shading your objectives questions, only use HB pencil.
  • Keep in mind that if you are caught with expo, your WAEC score may be withheld (it shall not be your portion amen)
  • Your names must be spelled correctly, and you must include the subject and exam number.
  • Commerce does not requires calculations, so you don’t need to bring your calculator.
  • Before submitting, go over what you’ve written so far to make sure it’s free of errors.

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