Jamb Commerce 1997 Past Questions and Answers

Question 46:

• JAMB 1997

The main objective of a trade association can best be described as promoting and protecting

A. The products
B. Common interest
C. The market
D. Customer's interest

Question 47:

• JAMB 1997

The management function of evaluating whether objectives are being achieved is

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

Question 48:

• JAMB 1997

In a business organization, the annual operation plan or budget is a form of

A. Casual plan
B. Medium-term plan
C. Long-term plan
D. Short-term plan

Question 49:

• JAMB 1997

A key advantage of delegation is that

A. Workers are prepared for hgher responsibilites
B. The manager has less work to do
C. The manager spends less time on planning
D. The organization grows larger in size

Question 50:

• JAMB 1997

Social responsibility of business requires enterprises to

A. Hold annual social parties for the public
B. Draw their workers only from the immediate environment
C. Address themselves to issues relating to the society
D. Set up social welfare centers in their areas of operation