WAEC Commerce 1994 Question 23

Question 23

Business Units

Which of the following does not determine the form of a business unit?

  1. A.Available capital
  2. B.Risk bearing
  3. C.Nearness to market
  4. D.Ownership
  5. E.Nature of business
Show the answer and explanation

Answer: C (Nearness to market)

Explanation

Nearness to market affects where a business is sited, not its legal form.