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Home
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Commerce
JAMB 2009
Commerce 2009 JAMB Past Questions
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Introduction to Commerce
Meaning, scope, characteristics and functions of Commerce
History of Commerce
Relationship of Commerce with other areas of production
Importance of Commerce in the economy
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Meaning and Importance
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Balance of trade/payment, terms of trade
Export, import and entrepôt procedures and documents
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Roles of Customs, Excise, Ports Authority
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Employer/employee rights
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ICT in Commerce
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ICT terms
E-commerce, E-banking, E-business
Business Environment and Social Responsibility
Types of environment
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Nationalisation, Indigenisation and Divestiture
Meaning, aims, advantages, disadvantages
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6
The major components of modern retailing include?
A.
branding, doorstep selling and customer stimulation
B.
branding, sales promotion and mail order
C.
chain store, customer stimulating and doorstep selling
D.
branding, supermarkets and after sales-service
View Answer & Discuss
JAMB 2009
7
A chain store usually combines the features of?
A.
mulitiple shops and departmental stores
B.
hypermarkets and stalls
C.
multiple shops and hypermarkets
D.
mail order business and multiple stops
View Answer & Discuss
JAMB 2009
8
One of the functions of the wholesaler is to?
A.
forecast prices
B.
reduce prices of goods
C.
promote sales
D.
analyse sales periodically
View Answer & Discuss
JAMB 2009
9
An artificial barrier to international trade is?
A.
political unrest
B.
culture of the people
C.
units of measurement
D.
custom duties
View Answer & Discuss
JAMB 2009
10
The most commonly used commercial documents are?
A.
order notes, debit notes, invoices and quotations
B.
letters of enquiry, consignment notes, receipts and invoices
C.
credit notes, statement of accounts, depatch order and bills
D.
balance sheet, receipts, invoices and manifest
View Answer & Discuss
JAMB 2009
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