2008 - JAMB Commerce Past Questions and Answers - page 3
21
The body charged with divesting government interests in public enterprises is?
A
SON
B
NPC
C
BPE
D
NDE
22
The practice whereby government relinquishes its ownership interest in a public enterprises is?
A
commercialization
B
indegenization
C
privatization
D
nationalization
23
A factor in a business environment which increases the rate of product obsolescence is?
A
technology
B
political
C
legal
D
economic
24
Which of the following is a form of social responsibility of a business?
A
Selling goods at cheaper prices
B
Using the best technology available
C
Maintaining tidy and safe environment
D
Meeting contractor's obligations
25
A computer component that decodes and interprets instructions and also directs program implementation is?
A
memory unit
B
central processing unit
C
control unit
D
system unit
26
Which software program can be used to generate financial reports from a company's client list?
A
MS Word
B
Database
C
MS Excel
D
Adobe
27
An aspect of commerce that facilitates the distribution of products is?
A
transportation
B
advertising
C
branding
D
trading
28
An activity that involves derivation of raw materials from land and sea is?
A
construction
B
farming
C
agriculture
D
extraction
29
The art of soaping-making is an example of?
A
primary occupation
B
secondary occcupation
C
tertiary occupation
D
construction occupation
30
Given:
i. Shoe maker ii. Policeman iii. Fisherman iv. Gardener
v.Broker
The persons engaged in primary occupation are?
A
i,iii and iv
B
iii and iv
C
iii and v
D
i, ii and v
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