Jamb Commerce Past Questions and Answers

Question 66:

• JAMB 2019

The policy used when contracts are awarded as a result of tender is________

A. Market penetration
B. Market skimming
C. Bid Pricing
D. Product Line Pricing

Question 67:

• JAMB 2019

One of these is not a major in the production process?

A. Producers
B. Distributors
C. Marketers
D. Consumers

Question 68:

• JAMB 2019

Examples of consumer goods include all except________

A. Nurse
B. Cars
C. Spoon
D. Shoes

Question 69:

• JAMB 2019

The most important resources of business is_______

A. Human resources
B. Money resources
C. Material resources
D. Opportunities

Question 70:

• 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