2019 - JAMB Commerce Past Questions and Answers - page 6
Services are made up of
Services are made up of direct services and indirect services.
The assembling of manufactured products into forms usable by humans is classified as
Extraction occupation
Construction occupation
Manufacturing occupation
Industrial occupation
Construction - the assembling of manufactured products into forms
Computer that process data in the form of values is
Digital
Hybrid
Digital-hybrid
Analog
The basic difference between analog and digital computers is the type of data they process. Digital computer process data which is binary, i.e. in the form of 0 and 1. Analog computers operate on mathematical variables in the form of physical quantities that are continuously varying. More
A memory that can be read and write and is volatile is known as
RAM
ROM
EPROM
EPPROM
Random-access memory is a form of computer memory that can be read and changed in any order, typically used to store working data and machine code. A random-access memory device allows data items to be read or written in almost the same amount of time irrespective of the physical location of data inside the memory. Wikipedia
You have just bought a new car. What Insurance policy will you take to cover it?
Accident Insurance
Fire Insurance
Marine Insurance
Fidelity Guarantee Insurance
Accident insurance is a type of insurance where the policy holder is paid directly in the event of an accident resulting in injury of the insured. The insured can spend the benefit payment however they choose. Accident insurance is complementary to, not a replacement for, health insurance. Wikipedia
A document that embody the conditions and exceptions attached to the contract is
proposal form
cover note
the policy
insurance certificate
The communication aspect of the marketing mix is
Price
Promotion
Place
Product
In marketing, the promotional mix describe a blend of promotional variables chosen by marketers to help a firm reach its goals. It has been identified as a subset of the marketing mix. Wikipedia
Any information about a manufacturer or his product that appears in any medium on a non-paid basis is known as
Sales Promotion
Personal Selling
Advertising
Publicity
In marketing, publicity is the public visibility or awareness for any product, service or organization. It may also refer to the movement of information from its source to the general public, often via the media. Wikipedia
All activities that contribute towards making goods and services available to the people are
Economic activities
Political activities
Productive activities
Business activities
Which of these is not a merit of division of labour
results in specialization
brings about an element of automation
Training in new jobs is facilitated
Creates monotony in the work force