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Commerce Past Questions and Answers

Commerce Questions

Question 206:
The direct authority of a superior over his subordinate is known as
  • A Staff authority
  • B Line authority
  • C Line and staff authority
  • D Office authority
View Answer & Explanation
Question 207:
A firm's organizational structure would change if
  • A One of the major partner dies
  • B There is excessive competition
  • C There is seasonal variation in demand
  • D The scope of business operation changes
View Answer & Explanation
Question 208:
The secretariat of the Niger Basin Commission is located at
  • A Ouagadougou, Burkina Faso
  • B Abuja, Nigeria
  • C Niamey, Niger
  • D Bamako, Mali
View Answer & Explanation
Question 209:
The development of commercial activities in Nigeria was facilitated largely by
  • A A good transport system
  • B The indigenization decree
  • C A convenient medium of exchange
  • D A high level of production
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Question 210:
In which of the following sets of occupations can an industrial worker be found?
  • A Extraction commerce and construction
  • B Manufacturing extraction and banking
  • C Construction, quarrying and insurance
  • D Manufacturing , extraction and construction
View Answer & Explanation