2009 - JAMB Commerce Past Questions & Answers - page 1

1
The central focus of commercial activities is?
A
pricing
B
advertising
C
trading
D
marketing
CORRECT OPTION: c
2
An aid to trade associated with communications is?
A
banking
B
transportation
C
warehousing
D
insurance
CORRECT OPTION: b
3
The service of a textile worker are an example of?
A
extractive activity
B
commercial activity
C
manufacturing
D
construction
CORRECT OPTION: c
4
Resources harnessed in certain proportion to create goods and services are?
A
factors of production
B
technology and labour
C
land and entrepreneur
D
raw materials
CORRECT OPTION: a
5
Primary production is associated with?
A
banking
B
manufacturing
C
agriculture
D
construction
CORRECT OPTION: c
6
The major components of modern retailing include?
A
branding, doorstep selling and customer stimulation
B
branding, sales promotion and mail order
C
chain store, customer stimulating and doorstep selling
D
branding, supermarkets and after sales-service
CORRECT OPTION: d
7
A chain store usually combines the features of?
A
mulitiple shops and departmental stores
B
hypermarkets and stalls
C
multiple shops and hypermarkets
D
mail order business and multiple stops
CORRECT OPTION: a
8
One of the functions of the wholesaler is to?
A
forecast prices
B
reduce prices of goods
C
promote sales
D
analyse sales periodically
CORRECT OPTION: c
9
An artificial barrier to international trade is?
A
political unrest
B
culture of the people
C
units of measurement
D
custom duties
CORRECT OPTION: d
10
The most commonly used commercial documents are?
A
order notes, debit notes, invoices and quotations
B
letters of enquiry, consignment notes, receipts and invoices
C
credit notes, statement of accounts, depatch order and bills
D
balance sheet, receipts, invoices and manifest
CORRECT OPTION: a
Pages: