Jamb Commerce Past Questions and Answers

Question 1186:

• JAMB 2016

The process whereby a firm directs its marketing efforts towards a single market by the use of a particular marketing mix is referred to as

A. Concentration segmentation
B. Market concept
C. Consumer orientation
D. Market penetration

Question 1187:

• JAMB 2016

The function of money that is mostly affected by inflation is

A. Store of value
B. Medium of exchange
C. Measure of value
D. Unit of account

Question 1188:

• JAMB 2016

Ordianry warehouse is usually owned and used by

A. Government
B. Agents
C. Retailers
D. Wholesalers

Question 1189:

• JAMB 2016

The winding up of a firm by a resolution of its shareholders is an example of

A. Voluntary liquidation
B. Bankruptcy
C. Recession
D. Involuntary liquidation

Question 1190:

• JAMB 2016

Which of the following is used for temporary storage of data on a computer?

A. RAM
B. ROM
C. Floppy disk
D. Flash drive