Question 376:

• JAMB 1999

(i)Money and machines (ii) Materials and Money (iii)Market and Man.
Which combination of the above are basic requirement as business resource?

A. I and ii
B. Ii and iii
C. I and iv
D. Ii and iv

Question 377:

• JAMB 1999

Under what management function would the motivation employees fall?

A. Staffing
B. Controlling
C. Organizing
D. Directing

Question 378:

• JAMB 1999

The main thrust of government policy of evolving good business environment in Nigeria is the need

A. To attract local and foreign investors
B. For more export commodities
C. For consumer oriented products
D. To have viable local markets

Question 379:

• JAMB 1999

Which of these sets of external environmental factors affects a business operation?

A. Competition, industry operation
B. Competition, labour and political
C. Political, cultural and labour
D. Economic, social and legal

Question 380:

• JAMB 1999

The right of the public to protection against questionable products and marketing practices is

A. An economic aspect of the business
B. A social responsibility of business
C. A legal aspect of the business
D. A political aspect of the business