Business Units - Jamb Commerce Past Questions and Answers

Question 91:

• JAMB 2003

Privatization is concerned with?

A. Equal ownership between the public and the governement
B. Thje dilution of ownership among the public
C. The individual ownership of companies
D. Governement ownership of companies

Question 92:

• JAMB 2003

A major benefit derivable from the privatization and commercialization of public enterprises in Nigeria is?

A. Increase in wages
B. Employment generation
C. Information technology
D. Revenue generation

Question 93:

• JAMB 2004

The current highest decision-making body on privatization and commercialization of public enterprises in Nigeria is the?

A. National Council on Privatization
B. Securities and Exchange Commission
C. Nigeria Investment Promotion Commission
D. Bureau of Public ENterprises

Question 94:

• JAMB 2004

One of the advantages of commercialization is that it?

A. Encourages entrepreneuership
B. Increases the salaries of workers
C. Motivates governement to establish more business
D. Gives wortkers on-the-job training

Question 95:

• JAMB 2004

The strategy adopted by a firm that ceases to operate at one or more locations because of inactivity is?

A. Rejuvenation
B. Focus
C. Diversification
D. Consolidation