Organizational structure - 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 1995

A firm's organizational structure would change if

A. One of the major partner dies
B. There is excessive competition
C. There is seasonal variation in demand
D. The scope of business operation changes

Question 3:

• JAMB 1998

Under normal circumstances, a business enterprise can be ideally structured

A. By product, function or territories
B. Around the personalities in the enterprise
C. On the ruling of the management
D. On the basis of an order from stockholders

Question 4:

• JAMB 2001

In the line type of organizational structure,

A. The lines of authority are vertical
B. There is the application of division of labour
C. Specialization is carried to a maximum degree
D. The lines of authority are horizontal

Question 5:

• JAMB 2002

The organizational structure that relates the positions of specialist to the line mangers is called?

A. Line structure
B. Staff structure
C. Line and staff structure
D. Functional structure