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Commerce Past Questions and Answers

Jamb Commerce Questions

Question 46:
The main objective of a trade association can best be described as promoting and protecting
  • A The products
  • B Common interest
  • C The market
  • D Customer's interest
View Answer & Explanation
Question 47:
The management function of evaluating whether objectives are being achieved is
  • A Planning
  • B Directing
  • C Organizing
  • D Controlling
View Answer & Explanation
Question 48:
In a business organization, the annual operation plan or budget is a form of
  • A Casual plan
  • B Medium-term plan
  • C Long-term plan
  • D Short-term plan
View Answer & Explanation
Question 49:
A key advantage of delegation is that
  • A Workers are prepared for hgher responsibilites
  • B The manager has less work to do
  • C The manager spends less time on planning
  • D The organization grows larger in size
View Answer & Explanation
Question 50:
Social responsibility of business requires enterprises to
  • A Hold annual social parties for the public
  • B Draw their workers only from the immediate environment
  • C Address themselves to issues relating to the society
  • D Set up social welfare centers in their areas of operation
View Answer & Explanation