Jamb Commerce Past Questions and Answers

Question 171:

• JAMB 1994

which of the following is the most important business resource?

A. Money
B. Management
C. Materials
D. Manpower

Question 172:

• JAMB 1994

The harmonious relationship among the various units in an organization is ensured through

A. Co-ordination
B. Motivation
C. Planning
D. Leadership

Question 173:

• JAMB 1994

The principle of span of control stipulates that

A. An employee should report to only one superior
B. Manager must demand accountability from their surbordinates
C. Resources have to be economized within the various division
D. The number of employee reporting to one superior should be kept to workable maximum

Question 174:

• JAMB 1994

Which of the following makes other functions of business its appendages?

A. Production
B. Marketing
C. Finance
D. Personnel

Question 175:

• JAMB 1994

The use of computer in modern banking industry is a reflection of

A. Competitive development
B. Scientific development
C. Economic development
D. Technological development