Question 1
Which of the following best describes business in the economic sense?
Correct Answer:
Any human activity directed at satisfying wants and earning income
Question 2
Management is best defined as the process of
Correct Answer:
getting work done through other people to achieve goals
Question 3
Which level of management is mainly responsible for setting long-term objectives and overall policy?
Correct Answer:
Top management
Question 4
A major disadvantage of a sole proprietorship is that the owner
Correct Answer:
has unlimited liability for the debts of the business
Question 5
In an ordinary partnership, the maximum number of partners allowed under many WAEC-country company laws is
Correct Answer:
20
Question 1
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About this Exam

Prepare with the WASSCE Business Management Practice Questions - WASSCE Business Management (WAEC, West African Examinations Council) Exam practice quiz. This question bank includes 100 questions covering business, management, mainly, company, and organisation. Use it to review important concepts, identify knowledge gaps, and build confidence for the related exam, course, or assessment.

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WASSCE Business Management Practice Questions - WASSCE Business Management (WAEC, West African Examinations Council) Exam

This practice set contains 100 questions from the matching question bank and focuses on business, management, mainly, company, and organisation. Work through each question carefully, review the provided solutions, and revisit topics that need more study before your next attempt.

This is an independent study resource intended for practice and review; it is not an official examination or an endorsement by any organization named in the title.

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