Business Mergers - Jamb Commerce Past Questions and Answers

Question 16:

• JAMB 2014

The coming together of a manufacturing business with a firm that markets its products is

A. Backward integration
B. A consortium
C. Forward integration
D. A syndicate

Question 17:

• JAMB 2014

An association of voluntary organizations that work together for a common aim while retaining their independence is a

A. Syndicate
B. Merger
C. Cartel
D. Consortium

Question 18:

• JAMB 2015

The measure of independence available to the individual business units that come together is the main difference between

A. Vertical and horizontal integration
B. Mergers and Acquisition
C. Consortium and imagination
D. Trust and Cartel

Question 19:

• JAMB 2015

Musa obtains wool from his sheep, spins and transform it into cloth which he sells to consumers, this is a form of

A. Vertical integration
B. Horizontal integration
C. Forward Integration
D. Background integration

Question 20:

• JAMB 2016

One of the major reasons for merger is to

A. Reduce the number of unskilled manpower
B. Increase the number of skilled manpower
C. Prevent liquidation
D. Liberalize the market