Business Environment and Social Responsibility - Jamb Commerce Past Questions and Answers

Question 26:

• JAMB 2008

A factor in a business environment which increases the rate of product obsolescence is?

A. Technology
B. Political
C. Legal
D. Economic

Question 27:

• JAMB 2008

Which of the following is a form of social responsibility of a business?

A. Selling goods at cheaper prices
B. Using the best technology available
C. Maintaining tidy and safe environment
D. Meeting contractor's obligations

Question 28:

• JAMB 2009

The economic environment of a business is concerned with?

A. Climate conditions
B. Changing values
C. The growth rate
D. The interest rate

Question 29:

• JAMB 2009

A firm that disposes its wastes properly is discharging its?

A. Community responsibility
B. Evironmental responsibility
C. Civic responsibility
D. Social responsibility

Question 30:

• JAMB 2010

One way by which a business can discharge its social responsibility to its community is to?

A. Hold monthly meetings of its customers
B. Building houses for its executives
C. Award scholarship to staff children
D. Build public health centres