JAMB Past Questions and Answers - Page 54

266.

The effective and efficient delivery of the desired satisfaction by a firm is said to be the practice of

A.

Product concept

B.

Marketing concept

C.

Distribution concept

D.

Price concept

Correct answer is B

The marketing concept is the belief that companies must assess the needs of their consumers first and foremost. Based on those needs, companies can make decisions in order to satisfy their consumers' needs, better than their competition.

267.

Communication enhances business activities by

A.

facilitating interaction between producers

B.

Facilitating interaction among media houses

C.

ensuring the movement of good forms the producer to the consumer

D.

keeping the goods safe until they and needed

Correct answer is A

Business Communication helps the business people to take proper decision by supplying right information to the right people at the right time. Through communication the producer interacts with the consumer through advertising. And the consumers react by patronizing the advertized goods.

268.

The implied provisions in every sale of goods as contained in the sale of goods act of 1893 are conditions and

A.

Guaranties

B.

Warranties

C.

Sureties

D.

Consideration

Correct answer is B

Conditions and warranties is any stipulation which is not of such importance as to go to the root of the contract. The breach of warranties gives the other party a right to claim for damage but not to reject the contract.

269.

The internet is a system of telecommunication used for

A.

Sending electronic message

B.

Communicating messages through telegrams

C.

Communicating long-distance

D.

Sending and renewing text message

Correct answer is A

The devices involved in the internet are electronic devices, the internet is used for sending electronic message.

270.

The application of division of labour would generally bring about

A.

Increase in quantity of goods and services

B.

Increase in variety of goods and services

C.

Cheapness of goods and services

D.

Cost efficiency in the production of goods and series.

Correct answer is A

Division of labour ensure that there more hands involved in the production of a particular, commodity