FirstTermExaminationBusinessStudiesJSS1JSS2JSS3ExamQuestionsVolume2-ClassRoomNotes_1730618710351(1)_compressed
FirstTermExaminationBusinessStudiesJSS1JSS2JSS3ExamQuestionsVolume2-ClassRoomNotes_1730618710351(1)_compressed
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Home AI Plan Lesson Notes First Term Examination Business Studies JSS 1 JSS 2 JSS 3 Exam Questions Volume 2
BUSINESS STUDIES
(b) book-keeping
(c) biology
(d) shorthand
(a) Staffroom
(d) Bedroom
(a) security
(b) confidentiality
(c) leakage
(d) goodwork
(a) Warehousing
(b) Wholesaling
(c) Insurance
(d) Banking
(a) Open/large
(b) Small/closed
(c) large/large
(d) Large/small
8. The branch of commerce which safeguards the risk of a business is called ________.
(a) insurance
(b) banking
(c) communication
(d) transport
(a) reliable
(b) respectful
(c) honest
(d) pride
10. Which of the following is the most common means of transportation in Nigeria?
(a) Air
(b) Pipeline
(c) Water
(d) Road
(c) Accountant
12. The buying and selling of goods and services is known as ________.
(a) trade
(b) distribution
(c) production
(d) commerce
(a) manager
(b) tailor
(d) miner
(a) insurance
(b) trading
(c) banking
(d) advertising
15. Crude oil, iron ore, coal etc are examples of products of ________.
(a) labour
(b) industry
(c) capital
(d) land
17. A profession which occupies one’s time and through which one earns his/her living is called ________.
(a) talent
(b) skill
(c) engineer
(d) occupation
(a) commerce
(d) advertising
19. The main reason why an individual goes into business is to ________.
(a) reduce the price of goods
20. The department which is concerned with the movement of raw materials and finished goods is known as
________ department.
(a) transport
(b) personnel
(c) sales
(d) production
Section B – Thoery
INSTRUCTION – Answer four (4) questions only.
QUESTION 1
A. Define an office.
QUESTION 2
QUESTION 3
A. Define Commerce.
B. List any five products that are dealt with in a foreign trade.
QUESTION 5
B. Define Land.
C. Who is an Entrepreneur?
(a) consumer
(b) retailer
(c) middleman
(d) producer
(a) retailer
(b) distributor
(c) wholesaler
(d) manufacturer
3. A ________ buys goods from the producer in large quantities and sells directly to traders in small
quantities.
(a) retailer
(b) distributor
(c) wholesaler
(d) manufacturer
4. ________ have no permanent shops or stalls, but carry their goods from place to place in search of buyers.
(a) customers
(b) hawkers
(d) wholesaler
5. ________ are small open enclosures where goods are retailed in small quantities.
(a) Kiosks
(b) Shops
(c) Stalls
(d) Stores
6. A buyer who buys goods in small quantities for sale to consumers is called ________.
(a) retailer
(b) distributor
(c) wholesaler
(d) manufacturer
7. When cash is paid in exchange for goods/services, a/an ________ is issued to acknowledge the payment.
(a) invoice
(b) voucher
(c) receipt
8. The process through which new products are brought to the notice of the public is known as ________.
(a) advertising
(b) communication
(c) insurance
(d) commerce
(a) indirect
(b) secondary
(c) tertiary
(d) primary
(a) retailer
(b) producer
(c) consumer
(d) wholesaler
(a) extracting
(b) manufacturing
(c) exchange
(d) constructing
12. A profession which occupies one’s time and through which one earns his/her living is called ________.
(a) talent
(b) skill
(c) occupation
(d) engineer
13. Receiving incoming and dispatching outgoing files as well as tracing of documents are the duties of
________.
(a) room
(b) cabinet
(c) box
(d) drawer
(a) director
(b) receptionist
(c) manager
(d) messenger
18. Letters coming into an organization from other firms are referred to as ________ mails.
(a) incoming
(b) outgoing
(c) internal
(d) inland
(a) Commerce
(b) Trade
(c) Business
(d) Exchange
20. ________ is a place specially prepared to keep goods before they are distributed.
(a) Store
(c) Corridor
(d) Warehouse
Section B – Thoery
INSTRUCTION – Answer four (4) questions only.
QUESTION 1
1. The art of creation of awareness about an organization, its products and services in order to stimulate
sales is called ________.
(a) restoration
(b) advertising
(c) transporting
(d) loading
(a) newspaper
(b) television
(d) bank
3. ________ is the conveyance of persons, goods and services from one place to another.
(a) Transportation
(b) Motivation
(c) Communication
(d) Derivation
(a) organization
(b) orientation
(c) opposition
(d) opportunities
(a) APC
(b) SON
(c) CPC
(d) NLC
(a) dialogue
(b) confrontation
(c) consumption
(d) mediation
(a) choice
(b) opportunity
(d)scale of preference
10. ________ is a list of all balances appearing in the books of account.
(c) Liabilities
(d) Assets
11. Base items associated with trading account are the following except ________.
(a) purchase
(c) sales
(d) banking
12. ________ can be defined as notification of the customer to the manufacturer or supplier stating the
dissatisfaction experienced when using their product.
(a) Arguments
(b) Complaints
(c) Grumbling
(d) Bullying
(a) partnership
(a) accident
(b) fire
(c) life
(d) marine
(a) airways
(b) pipeline
(d) waterways
16. All the following are commercial banks except ________ bank.
(a) first
(b) central
(c) union
(d) UBA
(a) advertising
(b) exploitation
(c) production
(d) transportation
(b) telephone
(c) letter
(d) communication
20. A place where goods are kept until they are needed is called ________.
Section B – Thoery
INSTRUCTION – Answer four (4) questions only.
QUESTION 1
A. Define Complaints.
CPC
NAFDAC
SON
NERC
NCC
QUESTION 2
A. Define redress.
QUESTION 3
A. Briefly explain the word Advertising.
QUESTION 4
A. What is communication?
QUESTION 5
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