JAMB Commerce Past Questions & Answers - Page 170

846.

One of the most important function of marketing is?

A.

encouraging research activitiesto meets needs

B.

creating classesof merchant among businessmen

C.

the extension of market for businessmen

D.

providing finances to business

Correct answer is A

No explanation has been provided for this answer.

847.

Which of the following industries is normally located near the source of its raw materials?

A.

Footware industry

B.

Cement industry

C.

Textile industry

D.

Automobile assembly

Correct answer is B

No explanation has been provided for this answer.

848.

Which of the following is a function of employers’ associate?

A.

undertaking research on behalf of employees

B.

promotion of thrift in workers

C.

promotion of workers'welfare

D.

Dissemination of information through sponsored journals

Correct answer is C

No explanation has been provided for this answer.

849.

Which of the following involves foreign trade ?

A.

supermarket

B.

Chain stores

C.

Departmental stores

D.

commodity markets

Correct answer is D

No explanation has been provided for this answer.

850.

Recognized members of the Stock Exchange who buy and sell securities on their own behalf are known as ?

A.

bulls

B.

jobbers

C.

brokers

D.

stags

Correct answer is B

No explanation has been provided for this answer.