by Sunday | Dec 11 | Commerce JAMB
A. capital, experience and trading B. experience, term of trade, and trading C. capital, trading and term of trade D. capital, type of goods and source of supply Correct Answer: Option D – capital, type of goods and source of supply Explanation Capital is one of...
by Sunday | Dec 11 | Commerce JAMB
A. packaging B. warehousing C. branding D. advertising Correct Answer: Option B = warehousing Explanation This is the act of storing goods produced.
by Sunday | Dec 11 | Commerce JAMB
A. exports become cheaper B. expansion of local industries C. increase in standard of living D. increase in import Correct Answer: Option D – increase in import Explanation Devaluation is the reduction of the value of a country’s currency in terms if the...
by Sunday | Dec 11 | Commerce JAMB
A. quantity B. nature C. quality D. cost Correct Answer: Option B – nature Explanation Is the phenomena of the physical.
by Sunday | Dec 11 | Commerce JAMB
A. extractive B. manufacturing C. constructive D. processing Correct Answer: Option B – manufacturing Explanation Deals with the transformation of raw materials into finished goods.
by Sunday | Dec 11 | Commerce JAMB
A. sole proprietorship B. partnership C. public company D. co-operative society Correct Answer: Option D – co-operative society Explanation It applies the principle of democracy, whereby each member has one vote irrespective of the amount of money...