WAEC Commerce 2024 Theory — Question 1
Question 1 of 8 from the West African Examinations Council (WAEC) Commerce 2024 Theory paper, with the correct answer and a full explanation.
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1. ABC Breweries Limited started operations with production, finance, marketing and administration departments. The following personnel were in its employment: General manager; Finance manager; Personal secretary; Accounts officers; Marketing manager; Production manager; Production supervisors; Factory workers; Sales agents; Administrative manager; Administrative officers. (a) Draw an organizational chart for ABC Breweries Limited. (b) State two functions of each of the departments in the company.
Model answer
(a) See the organogram in the Diagrams column: Chief Executive Director -> General Manager -> Personal Secretary, Finance Manager, Marketing Manager, Administrative Manager, Production Manager -> (under Finance) Account officers; (under Marketing) Sales agents; (under Administrative) Administrative officers; (under Production) Production supervisors -> Factory workers. (b) Function of Finance Department: (i) Preparation of general budget of the company; (ii) Preparation of payrolls of employees. Function of Marketing Department: (i) Creating awareness for the product of the company; (ii) Conducting marketing research for the product of the company. Function of Administrative Department: (i) Keeping records of the company; (ii) Running day to day activities of the company. Function of Production Department: (i) Ensuring safety in the organization; (ii) Contains production of goods/products of the company.
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