Study and practice Commerce past questions with answers and detailed explanations. Then test your knowledge using our interactive CBT practice platform and prepare confidently for your upcoming examinations.
In an organization, civic consideration arises from?
Athe profit derived from the enviroment
Bits operations witthin the environment
Cirs social negative impacts on the community
Dthe fact that it is registered in that locality
View Explanation & Discuss
Question 1562
jamb2000
The legal aspect of business is designed to
Aprotect business organization and consumers
Bsafeguard consumers from undue business practices
Cprotect infant industries from collapse
Dencourage free exchanges among businesses
View Explanation & Discuss
Question 1563
jamb2000
The three components of staffing are?
Arecruitment, selection and placement
Brecruitment, interview and appointment
Crecruitment , test and placement
Drecruitment, procurement and appointment
View Explanation & Discuss
Question 1564
jamb2000
The composite functions of management are?
Aplanning, supervising, communicating
Bplanning, controlling, organising and directing
Ccoordinating, supervising , staffing and comunicating
Ddirecting, supervising, motivating, and controlling
View Explanation & Discuss
Question 1565
jamb2000
A chamber of commerce is an association made up of
Aenterpreneurs
Bmanufacturers
Cmerchants
Dimporters
View Explanation & Discuss
Question 1566
jamb2000
The primary objectives of a trade association is to
Aundertake researchwork on behalf of members
Bestablish easy link with government
Cexchange information and negotiate as a preasure group
Doperat as a group against other groups
View Explanation & Discuss
Question 1567
jamb2000
The main difference between nationalization and indigenization is in terms of
Ashareholding
Bprofit
Ctechnology
Defficiency
View Explanation & Discuss
Question 1568
jamb2000
The first known legislation to protect consumer rights in Nigeria is the
AUsury Laws
BHire purchase Act
CSales of Goods Act
DFoood and Drugs Act
View Explanation & Discuss
Question 1569
jamb2000
An aspect of the law which allows an exclusive right for a limited number of years is a
Acopyright
Btrade mark
Craffication
Dpatent
View Explanation & Discuss
Question 1570
jamb2000
After registration, a certificate of trading is usually issued to a
Apartnership
Bpublic company
Cprivate company
Dsole proprietorship
View Explanation & Discuss
Question 1571
jamb2000
A bus driver operating between Lagos and Jos pledged the owner's credit in Benin in order to have the engine repaired and the bill sent to the owner.This is a case of
Adel credere agency
Bagency by necessity
Cagency by rafication
Dagency by estoppel
View Explanation & Discuss
Question 1572
jamb2000
The basic elements of a valid contract are
Aoffer, acceptance, consideration and witness
Boffer, intention, acceptance and legality
Coffer, acceptance, intention, capacity and legality
Doffer, acceptance, capacity, legality and consideration
View Explanation & Discuss
Question 1573
jamb2000
The role of public relations is principally to
Asustain good relationship
Bcreate good image
Ccarry out publicity
Dadvertise a firm's products
View Explanation & Discuss
Question 1574
jamb2000
The most important advantage of personal selling is that it
Aallows sellers to percieve buyers' needs
Ballows sellers to sell their goods quickly
Ctakes place easily on the high ways
Dtakes place without the permissionof government
View Explanation & Discuss
Question 1575
jamb2000
The practice whereby soft drink manufacturers give away caps, bags and other items when consumers buy their product is a form of
Amarketing strategies
Bpublicity
Cadvertising
Dsaels promotion
View Explanation & Discuss
Question 1576
jamb2000
The type of advertising that seeks to persuade consumers to buy a particular product is
AInformative advertising
BCompetitive advertising
CPersuasive advertising
Dmass and specific advertising
View Explanation & Discuss
Question 1577
jamb2000
A group of specialized functions of marketing is
Abuying, selling, storing and information
Bbuyimg, selling, advertising and packaging
Cbuying, selling, labelling and promotion
Dbuying , selling, skimmimg and pricing
View Explanation & Discuss
Question 1578
jamb2000
The chart above represent the?
Aproduct mix relationship
Bmarketing mix relationship
Cpromotion mix elationship
Dadvertising mix relationship
View Explanation & Discuss
Question 1579
jamb2000
A shortcoming of the Second-tier Foreign Exchange Market in Nigeria is that it
Aserves as a mechanism for evaluating an unrealistic exchange rate for the naira
Bcreates unhealthy competition amongst users of foreign exchange
Ccontributes to destabilizing national resource allocation
Dcontributes to flooding the market with foreign essential commodities
View Explanation & Discuss
Question 1580
jamb2000
The stock Exchange helps to provide capital for of industrial project because it
Adetermines value of shares, stocks and other securities
Bassist government in implementing its monetary plicies
Cassist companies to exchange their securities into cash
Drenders agency services to organizations and government
