Jamb Commerce 1999 Past Questions and Answers

Question 31:

• JAMB 1999

The forum for the selling and of buying of securities of small and medium companies is called

A. Second Tier Foreign Exchange Market
B. Foreign Exchange Market
C. Securities and Exchange Commission
D. Second Tier Securities

Question 32:

• JAMB 1999

A wholesaler dealer in securities is known as a

A. Stockborker
B. Speculator
C. Jobber
D. Stag

Question 33:

• JAMB 1999

Modern business philosophy emphasizes

A. Quality products
B. Customer satisfaction
C. Sales volume
D. Public relations

Question 34:

• JAMB 1999

The main role of advertising is to

A. Convince prospective buyers to buy
B. Show the actual shape, form and colour of the products
C. Inform people where to obtain goods and services
D. Captured the attention of people

Question 35:

• JAMB 1999

The concept of limiting types, sizes and other characteristics of a product line without sacrificing utility or durability is called

A. Simplification
B. Standardization
C. Specialization
D. Satisficing