Jamb Commerce 2000 Past Questions and Answers

Question 1:

• JAMB 2000

The major factors that facilitate merchandising are

A. Commuincation , advertising and banking
B. Trading, warehousing and production
C. Management, insurance, and advertising
D. Banking, insurance and transportation

Question 2:

• JAMB 2000

The major factors that facilitate merchandising are

A. Commuincation , advertising and banking
B. Trading, warehousing and production
C. Management, insurance, and advertising
D. Banking, insurance and transportation

Question 3:

• JAMB 2000

Product involves

A. Making goods avaiable where and when needed
B. Changing the form of goods, moving and making them avaiable as needed
C. The manufacturing of goods and provision of services
D. The assembling of all necessary parts to produce a finished product

Question 4:

• JAMB 2000

The application of division of labour should generally bring about

A. Increase in the quantity of goods and service
B. Increase in the variety of goods and services
C. Cheapness of goods and services
D. Cost efficiency in the production of goods and services

Question 5:

• JAMB 2000

The term Plc implies that the are available

A. To the public at the company
B. Privately on the stock exchange
C. Publicly on the stock exchange
D. Publicly in commericial banks