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Commerce 1997 JAMB Past Questions

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46
A key advantage of delegation is that
  • A. workers are prepared for hgher responsibilites
  • B. the manager has less work to do
  • C. the manager spends less time on planning
  • D. the organization grows larger in size
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47
Social responsibility of business requires enterprises to
  • A. hold annual social parties for the public
  • B. draw their workers only from the immediate environment
  • C. address themselves to issues relating to the society
  • D. set up social welfare centers in their areas of operation
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48
The existing system of government and the administrative sub-division of a country which affect the operation of business in the country is described as
  • A. economic environment
  • B. legal environment
  • C. polictical environment
  • D. social environment
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49
Sudden technology changes can have the effect of making
  • A. a company's management style ineffective
  • B. a company's product obsolete
  • C. the control menchanism difficult to implement
  • D. the motivational factors in the company difficult to monitor
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50

Use the conversation below to answer the question below;

MUSA: Taiwo why are you in business?

TAIWO: To optimize profit, provide quality products, and discharge my social responsibilities. What of you, Okon and Kalu

OKON: I am in business to cater to the needs of the consumers at all costs.

KALU: I am in business to make a profit, provided quality products at reasonable prices, and establish a good reputation for myself.

 

The businessman with the best business objectives is ------------------------

  • A. Okon
  • B. Taiwo
  • C. Kalu
  • D. Musa
View Answer & Discuss JAMB 1997
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