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WAEC Commerce 1992 Question 52

Question 52

Retail Trade

The following factors must be considered before setting up a retail business except

  1. A.capital
  2. B.experience
  3. C.location
  4. D.size of market
  5. E.public relationship.
Show the answer and explanation

Answer: E (public relationship.)

Explanation

Capital, experience, location and market size must be considered first; public relations is not a starting condition.