Jamb Commerce 2003 Past Questions and Answers

Question 21:

• JAMB 2003

Communication process involves the transmission of a message over a selected channel to the?

A. Receiver
B. Audience
C. Sender
D. Encoder

Question 22:

• JAMB 2003

Stimulation of demand is a kind of communication in marketing which connotes?

A. Personal selling
B. Sales promotion
C. Advertising
D. Merchandising

Question 23:

• JAMB 2003

A functional structure is an organizational structure in which?

A. Abstract rules are applied
B. Equity prevails
C. A specialist enforces his directives
D. There is no hierarchy

Question 24:

• JAMB 2003

Entrepreneurship mainly involves?

A. Risk-taking
B. Initiating
C. Skilled manpower
D. Knowledge

Question 25:

• JAMB 2003

In the event of the liquidation of a company, the first to be settled are?

A. Debenture holders
B. Members of the board
C. Preference shareholders
D. Ordinary shareholders