Jamb Commerce Past Questions and Answers

Question 746:

• JAMB 2007

A major function of a entrepreneur is?

A. Decision-making
B. Encouraging competition
C. Human-resource traning
D. Motivating employees

Question 747:

• JAMB 2007

A Memorandum of Association is applicable to a?

A. Sole trader
B. Joint company
C. Partnership
D. Public corporation

Question 748:

• JAMB 2007

The sustainable growth of commerce is largely due to?

A. Marketing
B. Advertising
C. Exchange
D. Branding

Question 749:

• JAMB 2007

A major advantage of a cooperative society is that it?

A. Gives members the opportunity to unite
B. Draws members closer to government
C. Promotes awareness among members
D. Encourages thirft among members

Question 750:

• JAMB 2007

The making of doors from timber planks is a type of?

A. Manufacturing
B. Tertiary production
C. Secondary produuction
D. Primary production