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Commerce Past Questions and Answers

Jamb Commerce Questions

Question 1:

The major factors that facilitate merchandising are

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A Commuincation , advertising and banking
B Trading, warehousing and production
C Management, insurance, and advertising
D Banking, insurance and transportation

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Question 2:

The major factors that facilitate merchandising are

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A Commuincation , advertising and banking
B Trading, warehousing and production
C Management, insurance, and advertising
D Banking, insurance and transportation

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Question 3:

Product involves

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A Making goods avaiable where and when needed
B Changing the form of goods, moving and making them avaiable as needed
C The manufacturing of goods and provision of services
D The assembling of all necessary parts to produce a finished product

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Question 4:

The application of division of labour should generally bring about

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A Increase in the quantity of goods and service
B Increase in the variety of goods and services
C Cheapness of goods and services
D Cost efficiency in the production of goods and services

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Question 5:

The term Plc implies that the are available

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A To the public at the company
B Privately on the stock exchange
C Publicly on the stock exchange
D Publicly in commericial banks

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