Jamb 2002 Commerce Past Questions And Answers
1
The organizational structure that relates the positions of specialist to the line mangers is called?
- A. line structure
- B. staff structure
- C. line and staff structure
- D. functional structure
2
Which of the following is a function of employers’ associate?
- A. undertaking research on behalf of employees
- B. promotion of thrift in workers
- C. promotion of workers' welfare
- D. Dissemination of information through sponsored journals
3
A wholesaler who possesses the title of goods he sells is known as?
- A. a merchant wholesaler
- B. a multiple wholesaler
- C. a general wholesaler
- D. an agent wholesaler
4
The process of mobilizing, engaging and maintaining workers to work for an organization is referred to as?
- A. staffing
- B. selection
- C. recruitment
- D. employment
5
The agency that currently oversees the privatization and commercialization process in Nigeria is the?
- A. Securities and Exchange Commission
- B. Technical Committee on privatization and commercialization
- C. Nigeria Stock Exchange
- D. Bureau of Republic Enterprises
6
An important principle of a good organization structure is
- A. ideal standard
- B. span control
- C. clarity of mission
- D. adequacy resources
7
Secondary production has to do with changing the?
- A. shape of raw materials through construction operations
- B. physical form of raw materials into finished goods
- C. utility of raw materials by an engineering process
- D. nature of raw materials through manufacturing processes
8
A contract for the sale of goods involved the?
- A. producer, seller and the buyer of goods
- B. offering of goods to customers
- C. transfering of the title to goods for money
- D. exchange of goods
9
The Stock Exchange is a market where?
- A. long-term securities are sold
- B. all types of securities are sold
- C. short-term securities are sold
- D. medium-term securities are sold
10
Which of the following industries is normally located near the source of its raw materials?
- A. Footware industry
- B. Cement industry
- C. Textile industry
- D. Automobile assembly