Jamb Commerce Past Questions and Answers

Question 1336:

• JAMB 2018

The direct authority of a superior over his subordinate is known as?

A. Staff authority
B. Line authority
C. Line and staff authority
D. Lateral authority

Question 1337:

• JAMB 2018

consumer sovereignty means that the consumer is?

A. A citizen
B. Always independent
C. Always wrong
D. Always right

Question 1338:

• JAMB 2018

Taking a new product to a particular part of the country to test the reaction of consumers to the product is referred to as?

A. Sales promotion
B. Sampling
C. Merchandising
D. Advertising

Question 1339:

• JAMB 2018

when it becomes necessary to liquidate a company, the first step to be taken is the appointment of a?

A. A receiver
B. An auditor
C. An account
D. A liquidator

Question 1340:

• JAMB 2018

Transportation, retailing and wholesaling industries rely heavily on?

A. Banking
B. Insurance
C. Manufacturing
D. Railway