1994 - JAMB Commerce Past Questions and Answers - page 5
41
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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42
The principle of span of control stipulates that
A
an employee should report to only one superior
B
manager must demand accountability from their surbordinates
C
resources have to be economized within the various division
D
the number of employee reporting to one superior should be kept to workable maximum
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43
Which of the following makes other functions of business its appendages?
A
production
B
marketing
C
finance
D
personnel
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44
The use of computer in modern banking industry is a reflection of
A
competitive development
B
scientific development
C
economic development
D
technological development
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45
When an oil exploring and mining company builds a health center in one of the communities where it operates, such a company is
A
currying favour from local people
B
finding a way to spend resonsibility
C
fulfilling part of its social responsibilty
D
invest its idle funds
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46
The West African clearing House became legally operational on
A
1st july, 1976
B
25th june, 1975
C
14th march, 1975
D
3rd may, 1974
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47
The lake Chad Basin commission was founded to enable member states
A
expand the volume of water in the lake for fishing activities
B
increase navigational activities on the lake
C
dam the lake for electricity and agricultural purposes
D
co-ordinate their efforts in managing the use of the lake's resources
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48
A
N 65 250
B
N60 000
C
N 48 650
D
N 41 950
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49
A
N24.65 million
B
N17.00million
C
N9. 35 million
D
N7.65million
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50
A
liquid capital
B
current assets
C
fixed assets
D
working capital
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