Elements of Business Management - Jamb Commerce Past Questions and Answers

Question 11:

• JAMB 1995

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

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

Question 12:

• JAMB 1995

A firm's organizational structure would change if

A. One of the major partner dies
B. There is excessive competition
C. There is seasonal variation in demand
D. The scope of business operation changes

Question 13:

• JAMB 1997

The management function of evaluating whether objectives are being achieved is

A. Planning
B. Directing
C. Organizing
D. Controlling

Question 14:

• JAMB 1997

In a business organization, the annual operation plan or budget is a form of

A. Casual plan
B. Medium-term plan
C. Long-term plan
D. Short-term plan

Question 15:

• JAMB 1997

A key advantage of delegation is that

A. Workers are prepared for hgher responsibilites
B. The manager has less work to do
C. The manager spends less time on planning
D. The organization grows larger in size