Post Utme Economics Past Questions and Answers

Question 291:

Departmentalization is an aspect of ____________

A. Planning
B. Organizing
C. Directing
D. Controlling

Question 292:

One of the obstacles to achieving the objectives of ECOWAS is ____________

A. Lack of a common currency
B. Colonial linkages
C. Sovereignty of states
D. Language differences

Question 293:

A floating policy is an example of ____________

A. Marine insurance
B. Actuary's insurance
C. Motor insurance
D. Fire insurance

Question 294:

Which of the following industries is normally located near the source of its raw materials?

A. Footwear
B. Cement factory
C. Textile industry
D. Automobile assembly

Question 295:

The process of dividing tasks into jobs and departments and of delegating authority is known as ____________

A. Leading
B. Directing
C. Organizing
D. Staffing