by Sunday | Dec 12 | Commerce JAMB
A. Data Access Systems Device B. Direct Access Systems Device C. Data Access Storage Device D. Direct Access Storage Device Correct Answer: Option C – Data Access Storage Device Explanation Option C is the correct answer because it is a magnetic storage unit, in...
by Sunday | Dec 12 | Commerce JAMB
A. vertical and horizontal integration B. Mergers and Acquisition C. Consortium and imagination D. Trust and Cartel Correct Answer: Option B – Mergers and Acquisition Explanation In a merger, two or more business enterprises come together to form one big entity...
by Sunday | Dec 12 | Commerce JAMB
A. Production B. Specialization C. Creation manufacturing D. Manufacturing Correct Answer: Option B – Specialization Explanation Specialization is a method of production whereby an entity focuses on the production of a limited scope of goods to gain a greater...
by Sunday | Dec 12 | Commerce JAMB
A. A jobber B. A broker C. A factor D. An auctioneer Correct Answer: Option C – A factor Explanation A factor is a type of trader who receives and sells goods on commission (called factorage). A factor is a mercantile fiduciary transacting business in his own...
by Sunday | Dec 12 | Commerce WAEC
A. partnership B. sole trader C. joint-stock company D. public corporation Correct Answer: Option C – joint-stock company Explanation it is a joint-stock Company that prepares a memorandum of the association during the course of registering the company it is...