Business Organizations - Jamb Economics Past Questions and Answers

Question 116:

• JAMB 2010

The maximum number of shareholders for a limited liability company is

A. Twenty
B. Five
C. Seven
D. Infinite

Question 117:

• JAMB 2011

The transfer to public shareholding corporations to private enterprises is

A. Concession
B. Incorporation
C. Commercialization
D. Privatization

Question 118:

• JAMB 2012

The privatization of public enterprises will lead to efficient management of resources in the economy.
This statement can best be described as

A. Normative reasoning
B. Inductive reasoning
C. Deductive reasoning
D. Positive reasoning

Question 119:

• JAMB 2012

A policy aimed at enhancing globalization of the Nigerian economy is

A. Indigenization
B. Dereglation
C. Commercialization
D. Privatization

Question 120:

• JAMB 2013

In Nigeria, efficiency in public corporations can be achieved through

A. Public offer
B. Indigenization
C. Privatization
D. Nationalization