by Sunday | Dec 14 | Commerce JAMB
A. constructive activity B. commercial activity C. extractive activity D. manufacturing activity Correct Answer: Option D – manufacturing activity Explanation Manufacturing Activities means the manufacturing, processing, testing, packaging, storing and other...
by Sunday | Dec 14 | Commerce JAMB
A. conservation B. integration C. specialization D. repetition Correct Answer: Option C – specialization Explanation In a division of labor, the production process is broken down into a sequence of stages, and workers are assigned to particular stages. This...
by Sunday | Dec 14 | Commerce JAMB
A. capital B. land C. labour D. entrepreneur Correct Answer: Option A – capital Explanation Capital depreciates because its value is inconsistent
by Sunday | Dec 14 | Commerce JAMB
A. capital, labour, land and enterpreneur respectively B. land, enterpreneur,labour and capital respectively C. land, labour, capital and entrepreneur respectively D. labour, enterpreneur, land and capital respectively Correct Answer: Option C – land, labour,...
by Sunday | Dec 14 | Commerce JAMB
A. primary production B. tertiary production C. secondary production D. direct service Correct Answer: Option C – secondary production Explanation Secondary production: this is the manufacturing and assembly process. It involves converting raw materials into...
by Sunday | Dec 14 | Commerce JAMB
A. a community development worker B. a direct service worker C. an indirect service worker D. a direct and an indirect service worker Correct Answer: Option B – a direct service worker Explanation Direct services means services delivered by an employee in the...