by Sunday | Dec 11 | Commerce JAMB
A. a citizen B. always independent C. always wrong D. always right Correct Answer: Option D – always right Explanation Consumer sovereignty is an economic concept which refers to the controlling power of consumers, over the custodians of scarce resources, in...
by Sunday | Dec 11 | Commerce JAMB
A. staff authority B. line authority C. line and staff authority D. lateral authority Correct Answer: Option B – line authority Explanation The chain of command within an organization that confers the power to order subordinates to perform a task within their...
by Sunday | Dec 11 | Commerce JAMB
A. issue of shares to the directors of a company. B. issue of shares by a company only to the founders of the company C. right of shareholders to vote on any issue D. issue of shares to shareholders on favorable terms Correct Answer: Option B – issue of shares...
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...