by Sunday | Dec 11 | Commerce JAMB
A. minimize the effect of taxation B. increase financial advantage C. facilitate profit maximization D. enhance economies of scale Correct Answer: Option D – enhance economies of scale Explanation The main benefit of a merger is to gain more market share. This...
by Sunday | Dec 11 | Commerce JAMB
A. When the goods are distributed to the wholesalers B. When the goods reaches the retailer C. When the goods reaches the final consumers D. When the goods are fully packaged Correct Answer: Option C – When the goods reaches the final consumers Explanation...
by Sunday | Dec 11 | Commerce JAMB
A. Cartel B. Syndicate C. Trust D. Integration Correct Answer: Option A – Cartel Explanation A cartel is a group of apparently independent producers whose goal is to increase their collective profits by means of price fixing, limiting supply, or other...
by Sunday | Dec 11 | Commerce JAMB
A. Working capital B. nominal capital C. capital employed D. issued capital Correct Answer: Option A – Working capital Explanation The difference between current asset and current liability is known as working capital which represents operating liquidity...
by Sunday | Dec 11 | Commerce JAMB
A. Cover note B. advice note C. proposal form D. certificate of insurance Correct Answer: Option C – proposal form Explanation A proposal form is the form completed by the proposer when applying for insurance, proposal forms are completed online or over the...
by Sunday | Dec 11 | Commerce JAMB
A. The advertising agency B. Sales promotion C. The channel of distribution D. The middlemen Correct Answer: Option C – The channel of distribution Explanation Channel of distribution is a chain of businesses or intermediaries through which a good or service...