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Commerce Past Questions and Answers

Jamb Commerce Questions

Question 31:
The activities aimed at finding customers needs and satisfaction can be described as
  • A Conceptual marketing
  • B Macro-marketing
  • C Socio-marketing
  • D Micro-marketing
View Answer & Explanation
Question 32:
Given: I. Retail II. Export III. Transport IV. Import V. Insurance VI. Banking and finance VII. Wholesale VIII. Communication. which of the above are aids to trade?
  • A III, V, VI and VIII
  • B I, II, III and VI
  • C III, V, VI and VIII
  • D II, V, VI and VII
View Answer & Explanation
Question 33:
Communication process involves the transmission of a message over a selected channel to the 
  • A Encoder
  • B Receiver
  • C Audience
  • D Sender
View Answer & Explanation
Question 34:
The instruments of credit include
  • A Billboards and postal stamps
  • B Payment vouchers and statement of account
  • C Bills of exchange and salary voucher
  • D Bills of exchange and promissory notes
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Question 35:
The principle of span of control stipulates that?
  • A The number of employees reporting to one superior should be kept to a workable maximum
  • B An employee should report to only one superior
  • C Managers must demand accountability from their subordinates
  • D Resources have to be economized within the various divisions
View Answer & Explanation