Jamb Commerce Past Questions and Answers

Question 586:

• JAMB 2004

When an organization studies a market that is undeserved by others and creates a product or service for the segment, it is engaged in?

A. Market inegration
B. Market positioning
C. Market orchestration
D. Product differentiation

Question 587:

• JAMB 2004

Coverage against unexpected events is called?

A. Insurance
B. Assurance
C. Warranty
D. Reinsurance

Question 588:

• JAMB 2004

An insured risk which occurs accidentally as a result of deflects in a ship is?

A. A voyage policy
B. A total loss
C. An emergency
D. A particular average

Question 589:

• JAMB 2004

Communication enhances business activities by?

A. Facilitating interaction between producers and consumers
B. Facilitating interaction among media houses
C. Ensuring the movement of goods from the producer to the consumer
D. Keeping the goods safe untill they are needed

Question 590:

• JAMB 2004

In business, the computer is very important especially in?

A. Financial amnagement
B. Marketing management
C. Educational management
D. Information management