Jamb Commerce 2021 Past Questions and Answers

Question 31:

• JAMB 2021

The activities aimed at finding customers needs and satisfaction can be described as

A. Conceptual marketing
B. Macro-marketing
C. Socio-marketing
D. Micro-marketing

Question 32:

• JAMB 2021

Given: I. Retail II. Export III. Transport IV. Import V. Insurance VI. Banking and finance VII. Wholesale VIII. Communication. which of the above are aids to trade?

A. III, V, VI and VIII
B. I, II, III and VI
C. III, V, VI and VIII
D. II, V, VI and VII

Question 33:

• JAMB 2021

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

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

Question 34:

• JAMB 2021

The instruments of credit include

A. Billboards and postal stamps
B. Payment vouchers and statement of account
C. Bills of exchange and salary voucher
D. Bills of exchange and promissory notes

Question 35:

• JAMB 2021

The principle of span of control stipulates that?

A. The number of employees reporting to one superior should be kept to a workable maximum
B. An employee should report to only one superior
C. Managers must demand accountability from their subordinates
D. Resources have to be economized within the various divisions