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Commerce Past Questions and Answers

Jamb Commerce Questions

Question 41:

The Continental West African Conference is a

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A Group of all West African countries trading in the same products
B Conference to foster unity among the West African countries
C Gorups of shipping lines operating on the same West African route
D Trust with shareholders fromall West African countries

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Question 42:

The main function of thrift, credit and loans co-operative societies is to

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A Educate their members
B Collect money from their members
C Disburse money to their members
D Raise investment finance among thir members

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Question 43:

Management is described as

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A Getting things done through people
B Implementing of business decision
C The numbers of levels in an organization
D The people in authority in an organization

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Question 44:

Under normal circumstances, a business enterprise can be ideally structured

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A By product, function or territories
B Around the personalities in the enterprise
C On the ruling of the management
D On the basis of an order from stockholders

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Question 45:

EXTERNAL ENVIRONMENT INTERNAL ENVIRONMENT EXTERNAL ENVIRONMENT Which of the following sequences can best fit into the structure above?

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A People control ideals
B Material production ideas
C Finance marketing production
D Material production product

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