Jamb 2010 Commerce Past Questions And Answers
1
One of the functions of NACCIMA is?
- A. negotiating with labour unions in matters of wages and conditions of service
- B. pooling of members' resources for long-term investment
- C. disseminating information to members on matters relating to tariffs
- D. ensuring uniformity in labour matters and industrial relations
2
The label on a product such as 'pampers' is a type of?
- A. trademark
- B. branding
- C. packaging
- D. patent right
3
A characteristics of money which ensures that its value is not lost is?
- A. homogeneity
- B. easy portability
- C. divisibility
- D. relative scarcity
4
The conversion of raw materials into finished goods leads to the creation of?
- A. form utility
- B. product utility
- C. possession utility
- D. place utility
5
The rewards of rents, wages, interests and profits accrue from?
- A. capital, labour, land and enterpreneur respectively
- B. land, enterpreneur,labour and capital respectively
- C. land, labour, capital and entrepreneur respectively
- D. labour, enterpreneur, land and capital respectively
6
The instrument used in the capital market is?
- A. treasury bills
- B. bill of exchange
- C. stock
- D. debenture
7
The wealth of a nation depends on the volume of its?
- A. bilateral trade activities
- B. commercial activities
- C. multilateral trade activities
- D. stock market
8
The three components of staffing are?
- A. recruitment, interview and appointment
- B. recruitment, test and placement
- C. recruitment, selection and appointment
- D. recruitment, selection and placement
9
A major hindrance to tourism growth in Nigeria is?
- A. absence of genunie tour operators
- B. lack of tourism master plan
- C. inadequate tourist centres
- D. non-compliance to immigration laws
10
The deliberate and sustained efforts of an organization towards the creation of goodwill for its products and services is through?
- A. public relations
- B. advertising
- C. sales promotion
- D. rebranding