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Jamb Commerce Past QuestionsQuestions and Answers on FunctionsQuestion 1: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:The harmonious relationship among the various units in an organization is ensured through A. Co-ordination B. Motivation C. Planning D. Leadership Question 3:The function of management that establish objectives for the organization and trying to determine the best ways to accomplish them A. Organizing B. Planning C. Directing D. Controlling Question 4:The provision of qualified managerial and other skilled personnel for an enterprise is called A. Directing B. Controlling C. Planning D. Staffing Question 5:The harmonious relationship among the various units in an organization is ensured through A. Co-ordination B. Motivation C. Planning D. Leadership |
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