2000 - JAMB Commerce Past Questions and Answers - page 5

41
The main difference between nationalization and indigenization is in terms of
A
shareholding
B
profit
C
technology
D
efficiency
correct option: c
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42
The primary objectives of a trade association is to
A
undertake researchwork on behalf of members
B
establish easy link with government
C
exchange information and negotiate as a preasure group
D
operat as a group against other groups
correct option: c
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43
A chamber of commerce is an association made up of
A
enterpreneurs
B
manufacturers
C
merchants
D
importers
correct option: a
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44
The composite functions of management are?
A
planning, supervising, communicating
B
planning, controlling, organising and directing
C
coordinating, supervising , staffing and comunicating
D
directing, supervising, motivating, and controlling
correct option: b
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45
The three components of staffing are?
A
recruitment, selection and placement
B
recruitment, interview and appointment
C
recruitment , test and placement
D
recruitment, procurement and appointment
correct option: a
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46
The legal aspect of business is designed to
A
protect business organization and consumers
B
safeguard consumers from undue business practices
C
protect infant industries from collapse
D
encourage free exchanges among businesses
correct option: a
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47
In an organization, civic consideration arises from?
A
the profit derived from the enviroment
B
its operations witthin the environment
C
irs social negative impacts on the community
D
the fact that it is registered in that locality
correct option: b
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48
The instrument establishing the Economic Community of West African State in 1975 is
A
a decree
B
an act
C
a treaty
D
constitution
correct option: c
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49
One of the function of the Niger Basin Commission is to
A
Ensure equal treatment of African nations
B
A. Foster closer co-operation among West African nations
C
A. Map out regulation that will guide all navigation for all West African nations
D
guarantee freedom of navigation for all West African nations
correct option: c
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50
The organizational structure above represents
A
line and functional structure
B
line and staff structure
C
functional structure
D
line structure
correct option: b
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