Commerce questions and answers

Commerce Questions and Answers

Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.

3,186.

The direct authority of a superior over his subordinate is known as

A.

staff authority

B.

line authority

C.

line and staff authority

D.

office authority

Correct answer is B

No explanation has been provided for this answer.

3,187.

Motivation is an essential element in management because it

A.

leads to the improvement of staff welfare

B.

encourage individual to work towards achieving the orgaization's objective

C.

educe friction among employees in the process of achieving the company's objective

D.

helps to eliminate industrial disharmony

Correct answer is B

No explanation has been provided for this answer.

3,188.

The practice of assessing employees for payment or advancement according to their observed achievement is called

A.

employee ranking

B.

merit ratingjob grading

C.

job grading

D.

employee education

Correct answer is C

No explanation has been provided for this answer.

3,189.

Which of the following organizations represents those who engages labour in Nigeria?

A.

Nigerian Labour Congress

B.

Nigerian Employers Consultative Association

C.

Manufacturers Association of Nigeria

D.

Nigerian Union of Local Government Employees

Correct answer is A

No explanation has been provided for this answer.

3,190.

The federal Government made efforts at rendering public enterprises more efficient and profit-oriented through the process of

A.

privatization

B.

commercialization

C.

indigenization

D.

nationalization

Correct answer is B

No explanation has been provided for this answer.