by Sunday | Dec 11 | Commerce JAMB
A. sole proprietorship B. partnership C. cooperative D. limited liability company Correct Answer: Option C – cooperative Explanation The business of co-operative society is generally managed by a committee elected by the members at annual general meeting. Since...
by Sunday | Dec 11 | Commerce JAMB
A. omission B. commission C. transposition D. principle Correct Answer: Option C – transposition Explanation A transposition error is a simple error of data entry that occurs when two digits that are either individual or part of a larger sequence of numbers are...
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...