by Sunday | Dec 12 | Commerce JAMB
A. Securities and Exchange Commission B. Second tier Security Market C. Foreign exchange Market D. Second tier foreign Exchange market Correct Answer: Option B – Second tier Security Market Explanation Second-Tier Securities Market (SSM); A second market...
by Sunday | Dec 12 | Commerce JAMB
A. A good storage system B. Availability of market C. Increase in production D. Activities Correct Answer: Option A – A good storage system Explanation A good storage system makes it possible for goods produced ahead of time to be stored until they are...
by Sunday | Dec 12 | Commerce JAMB
A. Data Access Systems Device B. Direct Access Systems Device C. Data Access Storage Device D. Direct Access Storage Device Correct Answer: Option C – Data Access Storage Device Explanation Option C is the correct answer because it is a magnetic storage unit, in...
by Sunday | Dec 12 | Commerce JAMB
A. vertical and horizontal integration B. Mergers and Acquisition C. Consortium and imagination D. Trust and Cartel Correct Answer: Option B – Mergers and Acquisition Explanation In a merger, two or more business enterprises come together to form one big entity...
by Sunday | Dec 12 | Commerce JAMB
A. Production B. Specialization C. Creation manufacturing D. Manufacturing Correct Answer: Option B – Specialization Explanation Specialization is a method of production whereby an entity focuses on the production of a limited scope of goods to gain a greater...
by Sunday | Dec 12 | Commerce JAMB
A. A jobber B. A broker C. A factor D. An auctioneer Correct Answer: Option C – A factor Explanation A factor is a type of trader who receives and sells goods on commission (called factorage). A factor is a mercantile fiduciary transacting business in his own...