by Sunday | Dec 11 | Commerce JAMB
A. banking B. insurance C. manufacturing D. railway Correct Answer: Option C – manufacturing Explanation In the field of marketing, channels of distribution indicate routes or pathways through which goods and services flow or more from producers to consumers. A...
by Sunday | Dec 11 | Commerce JAMB
A. a receiver B. an auditor C. an account D. a liquidator Correct Answer: Option D – a liquidator Explanation In law, a liquidator is the officer appointed when a company goes into winding-up or liquidation who has responsibility for collecting in all of the...
by Sunday | Dec 11 | Commerce JAMB
A. sales promotion B. sampling C. merchandising D. advertising Correct Answer: Option A – sales promotion Explanation Sales Promotion is one of the elements of the promotional mix.. Sales promotion uses both media and non-media marketing communications for a...
by Sunday | Dec 11 | Commerce JAMB
A. a citizen B. always independent C. always wrong D. always right Correct Answer: Option D – always right Explanation Consumer sovereignty is an economic concept which refers to the controlling power of consumers, over the custodians of scarce resources, in...
by Sunday | Dec 11 | Commerce JAMB
A. staff authority B. line authority C. line and staff authority D. lateral authority Correct Answer: Option B – line authority Explanation The chain of command within an organization that confers the power to order subordinates to perform a task within their...
by Sunday | Dec 11 | Commerce JAMB
A. issue of shares to the directors of a company. B. issue of shares by a company only to the founders of the company C. right of shareholders to vote on any issue D. issue of shares to shareholders on favorable terms Correct Answer: Option B – issue of shares...