by Sunday | Dec 11 | Commerce JAMB
A. Cartel B. Syndicate C. Trust D. Integration Correct Answer: Option A – Cartel Explanation A cartel is a group of apparently independent producers whose goal is to increase their collective profits by means of price fixing, limiting supply, or other...
by Sunday | Dec 11 | Commerce JAMB
A. Working capital B. nominal capital C. capital employed D. issued capital Correct Answer: Option A – Working capital Explanation The difference between current asset and current liability is known as working capital which represents operating liquidity...
by Sunday | Dec 11 | Commerce JAMB
A. Cover note B. advice note C. proposal form D. certificate of insurance Correct Answer: Option C – proposal form Explanation A proposal form is the form completed by the proposer when applying for insurance, proposal forms are completed online or over the...
by Sunday | Dec 11 | Commerce JAMB
A. The advertising agency B. Sales promotion C. The channel of distribution D. The middlemen Correct Answer: Option C – The channel of distribution Explanation Channel of distribution is a chain of businesses or intermediaries through which a good or service...
by Sunday | Dec 11 | Commerce JAMB
A. The internet is a system of telecommunication used for providing a variety of information and communication facilities B. Communicating long-distance messages C. Sending and receiving text messages D. Communicating messages through telegrams Correct Answer: Option...