2004 - JAMB Commerce Past Questions & Answers - page 1

1
Ships that sail across the ocean and operate on scheduled time tables are?
A
ferries
B
ocean liners
C
tramp steamers
D
coastal liners
CORRECT OPTION: b
2
Non-insurable risk include?
A
gambling
B
damage to property
C
death
D
marine problems
CORRECT OPTION: a
3
The program that makes up the operating system in a computer is?
A
microprogram
B
system flowchart
C
system software
D
syntax
CORRECT OPTION: c
4
When an organization studies a market that is undeserved by others and creates a product or service for the segment, it is engaged in?
A
market inegration
B
market positioning
C
market orchestration
D
product differentiation
CORRECT OPTION: d
5
Coverage against unexpected events is called?
A
insurance
B
assurance
C
warranty
D
reinsurance
CORRECT OPTION: a
6
An insured risk which occurs accidentally as a result of deflects in a ship is?
A
a voyage policy
B
a total loss
C
an emergency
D
a particular average
CORRECT OPTION: d
7
Communication enhances business activities by?
A
facilitating interaction between producers and consumers
B
facilitating interaction among media houses
C
ensuring the movement of goods from the producer to the consumer
D
keeping the goods safe untill they are needed
CORRECT OPTION: a
8
In business, the computer is very important especially in?
A
financial amnagement
B
marketing management
C
educational management
D
information management
CORRECT OPTION: d
9
What is the most important use of promotion in marketing?
A
Persuasion
B
Conviction
C
Information
D
Education
CORRECT OPTION: c
10
The current highest decision-making body on privatization and commercialization of public enterprises in Nigeria is the?
A
National Council on Privatization
B
Securities and Exchange Commission
C
Nigeria Investment Promotion Commission
D
Bureau of Public ENterprises
CORRECT OPTION: d
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