Business Mergers - Jamb Commerce Past Questions and Answers

Question 1:

• JAMB 1994

Commerce is defined as the study of how

A. Man utilizes the resources in his physical environment
B. Man produces, distributes and consumes his goods and services
C. Man buys, sells and distributes goods and services
D. Raw materials are changed into finished goods

Question 2:

• JAMB 1994

Which of the following takes place when firms producing at different stages in the same industry combine?

A. conglomeration
B. vertical integration
C. horizontal integration
D. Cartel

Question 3:

• JAMB 2019

An example of vertical integration is___________

A. Trust
B. Cartel
C. Merger
D. Price Ring

Question 4:

• JAMB 2019

A company which another company is a member and control the board of directors or hold more than half of its equity is termed_______

A. Subsidiary
B. Syndicate
C. Holding Company
D. Parent company

Question 5:

• JAMB 1994

Which of the following takes place when firms producing at different stages in the same industry combine?

A. Conglomeration
B. Vertical integration
C. Horizontal integration
D. Cartel