by Sunday | Dec 13 | Commerce JAMB
A. an agent B. a wholesaler C. an entrepreneur D. a principal Correct Answer: Option B – a wholesaler Explanation A wholesaler is a person or company that sells goods in large quantities at low prices, typically to retailers. He is the link between the producer...
by Sunday | Dec 13 | Commerce JAMB
A. Decline in craftmanship B. Monotony of work C. Reduction in output D. Reduction in labour force Correct Answer: Option D – Reduction in labour force
by Sunday | Dec 13 | Commerce JAMB
A. primary production B. tertiary production C. direct production D. secondary production Correct Answer: A – primary production Explanation primary production is the production of raw materials for industry.
by Sunday | Dec 13 | Commerce JAMB
A. manufacturing B. commercialization C. production D. entrepreneurship Correct Answer: Option C – production Explanation Production is the organized activity of transforming resources into finished products in the form of goods and...
by Sunday | Dec 13 | Commerce JAMB
A. government B. civil servants C. professionals D. domestic servants Correct Answer: Option B – civil servants Explanation civil servants are people working in the public sector. An employee of the civil service is basically employed by the government to...
by Sunday | Dec 13 | Commerce JAMB
A. tertiary production B. constructive occupation C. extractive occupation D. secondary production Correct Answer: Option C – constructive occupation Explanation A primary or extractive occupation is occupations concerned with the production of primary products...