Jamb Commerce Past Questions and Answers

Question 326:

• JAMB 1998

EXTERNAL ENVIRONMENT INTERNAL ENVIRONMENT EXTERNAL ENVIRONMENT
Which of the following sequences can best fit into the structure above?

A. People control ideals
B. Material production ideas
C. Finance marketing production
D. Material production product

Question 327:

• JAMB 1998

When a business enterprise provides free service to its environment, the service is said to be a

A. Civic responsibility
B. Philanthropic consideration
C. Social responsibility
D. Political consideration

Question 328:

• JAMB 1998

Inventory control is an aspect of a

A. Operations research
B. Materials management
C. C the organizing function
D. D span of control

Question 329:

• JAMB 1998

The reduction of import duties among the members countries of ECOWAS is an example of

A. Preference duties
B. Preferential treatment
C. Preferential tariff
D. Preferential excise

Question 330:

• JAMB 1998

In a common market, member countries agree basically to

A. Place bans on the other countries’ product
B. Wage war against other countries’ product
C. Establish common barriers against countries outside the market
D. Negotiate with countries outside the market for favourable terms of trade .