JAMB Commerce Past Questions & Answers - Page 78

386.

One of the characteristics of a good organizational chart is that it should

A.

be rigid

B.

show government policy

C.

facilitate communication

D.

be acceptable

Correct answer is C

Features of a Good Organisational Structure:

  • Clear line of authority. 
  • Adequate delegation of authority.
  • Lesser managerial levels.
  • Proper span of control.
  • Simple and flexible.
  • Good communication channels

387.

The promotion of team spirit in an organization is referred to as

A.

unity of direction

B.

espirit de corps

C.

unity of purpose

D.

discipline

Correct answer is B

 Esprit de corps is a feeling of loyalty and pride that is shared by the members of a group who consider themselves to be different from other people in some special way.

388.

Under what management function will the motivation of employees fall

A.

staffing

B.

controlling

C.

organizing

D.

directing

Correct answer is B

No explanation has been provided for this answer.

389.

Securities that entitle the investor to coupon rates are

A.

bonds

B.

equities

C.

warrants

D.

treasury bills

Correct answer is A

bond is a debt security where the issuer (the borrower) issues the bond for purchase by the bondholder (the lender). It is also known as a fixed income security as a bond usually gives the investor a regular or fixed return in the form of interest payments (sometimes called coupon payments).

390.

The promotion and protection of trade industry and agriculture through trade fairs is a function of

A.

NACRDB

B.

NACCIMA

C.

the consumer protection council

D.

the chamber of commerce

Correct answer is D

The Chamber's mission is creating an environment in which businesses can prosper. The main function of a Chamber of Commerce is to promote interest in local business possibilities.