Jamb Commerce 2019 Past Questions and Answers

Question 21:

• JAMB 2019

A business environment that take into consideration the beliefs, attitudes, needs, values and attitudes of the people is_________

A. Economic environment
B. Technological environment
C. Political environment
D. Cultural environment

Question 22:

• JAMB 2019

An example of vertical integration is___________

A. Trust
B. Cartel
C. Merger
D. Price Ring

Question 23:

• JAMB 2019

A company which another company is a member and control the board of directors or hold more than half of its equity is termed_______

A. Subsidiary
B. Syndicate
C. Holding Company
D. Parent company

Question 24:

• JAMB 2019

The theory of International trade is based on_________

A. Principles of management
B. Principles of comparative cost
C. Principle of double entry
D. Theory of migration

Question 25:

• JAMB 2019

A fall in the value of a country's currency vis-a-vis other currencies is known as__________

A. Depreciation
B. Reduction
C. Devaluation
D. Exchange rate