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JAMB Commerce questions

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

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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 41· Commerce and its scope· JAMB

    The hindrance of time between production and consumption is removed mainly by

    Explanation and discussion

  2. Question 42· Commerce and its scope· JAMB

    Distance between producers in Kano and consumers in Lagos is a hindrance removed mainly by

    Explanation and discussion

  3. Question 43· Commerce and its scope· JAMB

    Which branch of commerce links producers and consumers through buying and selling?

    Explanation and discussion

  4. Question 44· Commerce and its scope· JAMB

    Commercial occupations are those concerned with

    Explanation and discussion

  5. Question 45· Commerce and its scope· JAMB

    Barter was common in pre-colonial markets because

    Explanation and discussion

  6. Question 46· Commerce and its scope· JAMB

    Trade and the aids to trade together make up

    Explanation and discussion

  7. Question 47· Commerce and its scope· JAMB

    Which of these activities is part of trade rather than an aid to trade?

    Explanation and discussion

  8. Question 48· Commerce and its scope· JAMB

    Which of the following is an aid to trade?

    Explanation and discussion

  9. Question 49· Communication· JAMB

    NIPOST stands for

    Explanation and discussion

  10. Question 50· Communication· JAMB

    Teleconferencing allows

    Explanation and discussion

  11. Question 51· Communication· JAMB

    A business that wants to send the same short message to thousands of customers' phones at once should use

    Explanation and discussion

  12. Question 52· Communication· JAMB

    A memorandum (memo) is used mainly for

    Explanation and discussion

  13. Question 53· Communication· JAMB

    Which of these is a non-verbal means of communication?

    Explanation and discussion

  14. Question 54· Communication· JAMB

    Short message service (SMS) is useful to businesses mainly because it

    Explanation and discussion

  15. Question 55· Communication· JAMB

    A post office box helps businesses by

    Explanation and discussion

  16. Question 56· Communication· JAMB

    The postal service that lets a traveller collect letters at a named post office is

    Explanation and discussion

  17. Question 57· Communication· JAMB

    Registered mail is used for

    Explanation and discussion

  18. Question 58· Communication· JAMB

    Courier companies differ from NIPOST mainly in that couriers

    Explanation and discussion

  19. Question 59· Communication· JAMB

    Which of these is a written means of communication?

    Explanation and discussion

  20. Question 60· Communication· JAMB

    The main advantage of email over postal mail for a business is that email is

    Explanation and discussion

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