Jamb Commerce 2015 Past Questions and Answers

Question 31:

• JAMB 2015

An agent who takes title to goods and has authority to buy and sell on behalf of another is

A. A jobber
B. A broker
C. A factor
D. An auctioneer

Question 32:

• JAMB 2015

Resources commited into the production of relatively few commodities is known as

A. Production
B. Specialization
C. Creation manufacturing
D. Manufacturing

Question 33:

• JAMB 2015

The measure of independence available to the individual business units that come together is the main difference between

A. Vertical and horizontal integration
B. Mergers and Acquisition
C. Consortium and imagination
D. Trust and Cartel

Question 34:

• JAMB 2015

In the permanent storage device, DASD means

A. Data Access Systems Device
B. Direct Access Systems Device
C. Data Access Storage Device
D. Direct Access Storage Device

Question 35:

• JAMB 2015

The development of commercial activate in Nigeria was harnessed by

A. A good storage system
B. Availability of market
C. Increase in production
D. Activities