JAMB Commerce Past Questions & Answers - Page 208

1,036.

When a business enterprise provides free service to its environment, the service is said to be a

A.

civic responsibility

B.

philanthropic consideration

C.

social responsibility

D.

political consideration

Correct answer is C

No explanation has been provided for this answer.

1,037.

EXTERNAL ENVIRONMENT INTERNAL ENVIRONMENT EXTERNAL ENVIRONMENT
Which of the following sequences can best fit into the structure above?

A.

People control ideals

B.

Material production ideas

C.

Finance marketing production

D.

Material production product

Correct answer is D

No explanation has been provided for this answer.

1,038.

Under normal circumstances, a business enterprise can be ideally structured

A.

by product, function or territories

B.

around the personalities in the enterprise

C.

on the ruling of the management

D.

on the basis of an order from stockholders

Correct answer is A

No explanation has been provided for this answer.

1,039.

Management is described as

A.

getting things done through people

B.

implementing of business decision

C.

the numbers of levels in an organization

D.

the people in authority in an organization

Correct answer is B

No explanation has been provided for this answer.

1,040.

The main function of thrift, credit and loans co-operative societies is to

A.

educate their members

B.

collect money from their members

C.

disburse money to their members

D.

raise investment finance among thir members

Correct answer is D

No explanation has been provided for this answer.