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WAEC Commerce 2016 Objective — Question 31

Question 31 of 50 from the West African Examinations Council (WAEC) Commerce 2016 Objective paper, with the correct answer and a full explanation.

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The size of an enterprise is determined by the

  • A. number of customers of the enterpriseCorrect
  • B. length of the time the firm has been in operation
  • C. amount of capital invested
  • D. type of work done

Explanation

The larger the number of customers, the larger the organisation will be.

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