by Sunday | Dec 11 | Commerce JAMB
A. assist members to buy cars B. help individuals to set up small business C. establish a link among member D. foster cooperation among members Correct Answer: Option D – foster cooperation among members Explanation They foster cooperation among...
by Sunday | Dec 11 | Commerce JAMB
A. mail transfer B. shipping note C. bill of lading D. consular invoice Correct Answer: Option B – shipping note Explanation This is a document that gives details of goods being sent from one place to another.
by Sunday | Dec 11 | Commerce JAMB
A. public relation B. profit sharing C. human relation D. profit making Correct Answer: Option D – profit making Explanation This is the money gotten from the business.
by Sunday | Dec 11 | Commerce JAMB
A. productivity and total output is increased B. monotony of task is eliminated C. loss of individual craftmanship is minimized D. interdependence of workers increase remuneration Correct Answer: Option A – productivity and total output is increased Explanation...
by Sunday | Dec 11 | Commerce JAMB
A. retail trade B. commerce C. marketing concept D. marketing Correct Answer: Option B – commerce Explanation It is the study of production, distribution and exchange of goods and services aimed at satisfying human...
by Sunday | Dec 11 | Commerce JAMB
A. hire purchase B. mutual understanding C. credit sale D. leasing Correct Answer: Option C – credit sale Explanation This is the transfer of goods and services from seller to a buyer without any value being given immediately in...