WAEC Economics 2008 Question 12

Question 12

Business Organisations

Small scale enterprises are important in a country because

  1. A.they usually produce goods for the dependants
  2. B.they provide after-sales services only to the rich
  3. C.the prices of their products are fixed
  4. D.they render personalized services to the consumers.
Show the answer and explanation

Answer: D (they render personalized services to the consumers.)

Explanation

Small firms deal closely with their customers and can give personal attention.