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JAMB Commerce questions

307 questions with answers and explanations. Tap an option to check yourself.

AllJAMBWAEC
All topicsAdvertising and marketing · 16Business management and environment · 17Commerce and its scope · 15Communication · 16Computers and ICT in business · 14Consumer protection · 14Documents used in trade · 16Elements of commercial law · 15Financing a business · 16Foreign trade · 21Forms of business organisation · 21Home trade: retail and wholesale · 21Insurance · 21Money and banking · 21Occupation and production · 16The stock exchange · 17Transport · 17Warehousing · 13

  1. Question 21· Business management and environment· JAMB

    The management function of setting objectives and deciding in advance how to achieve them is

    Explanation and discussion

  2. Question 22· Business management and environment· JAMB

    Workers' motivation can be improved by

    Explanation and discussion

  3. Question 23· Business management and environment· JAMB

    Recruiting, training and placing workers in suitable jobs is the management function of

    Explanation and discussion

  4. Question 24· Business management and environment· JAMB

    Which of the following is a firm's social responsibility to its employees?

    Explanation and discussion

  5. Question 25· Business management and environment· JAMB

    Organising as a management function involves

    Explanation and discussion

  6. Question 26· Business management and environment· JAMB

    A line organisation is one where

    Explanation and discussion

  7. Question 27· Business management and environment· JAMB

    Giving a subordinate the authority to carry out a task on the manager's behalf is

    Explanation and discussion

  8. Question 28· Business management and environment· JAMB

    A SWOT analysis examines a firm's

    Explanation and discussion

  9. Question 29· Business management and environment· JAMB

    The personnel (human resources) department is responsible for

    Explanation and discussion

  10. Question 30· Business management and environment· JAMB

    Coordinating means

    Explanation and discussion

  11. Question 31· Business management and environment· JAMB

    A staff (advisory) position in an organisation provides

    Explanation and discussion

  12. Question 32· Business management and environment· JAMB

    Motivation of workers can be improved by

    Explanation and discussion

  13. Question 33· Business management and environment· JAMB

    In a line organisation,

    Explanation and discussion

  14. Question 34· Commerce and its scope· JAMB

    Commerce is best described as the

    Explanation and discussion

  15. Question 35· Commerce and its scope· JAMB

    The barrier of distance between producers and consumers is removed mainly by

    Explanation and discussion

  16. Question 36· Commerce and its scope· JAMB

    The hindrance of risk to trade is removed by

    Explanation and discussion

  17. Question 37· Commerce and its scope· JAMB

    In pre-colonial Nigeria, cowrie shells were used as

    Explanation and discussion

  18. Question 38· Commerce and its scope· JAMB

    Which of the following is NOT an aid to trade?

    Explanation and discussion

  19. Question 39· Commerce and its scope· JAMB

    The hindrance of ignorance in trade is removed by

    Explanation and discussion

  20. Question 40· Commerce and its scope· JAMB

    The hindrance of risk in trade is removed by

    Explanation and discussion

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