SIICOL ASSESSMENT ( JSS1 BUSINESS STUDIES)

A Nigerian business man who buys goods from Ghana and re-export them to South Africa is engaged in ------------------ trade.

• entrepot

• Bilateral

• home

• export

The buying, selling and distribution of goods is categorize under --------------- occupation

• commercial

• constructive

• extractive

• industrial

The form of business unit which has a minimum of two and maximum of twenty people is --------

• cooperative society

• partnership business

• private limited liability company

• public enterprise

The following are factors that make people to tell lie in business except --------------

• Bad upbringing

• honesty

• haziness

• poverty

Civil servants are engaged in ------------------------

• commercial occupation

• constructive occupation

• direct services

• indirect services

The reward for entrepreneur as a factor of production is --------------------------

• interest

• profit

• rent

• salary/wages

The following are dishonest activities in business except ----------------------

• changing the expiry date of products

• deliberate wrong labeling of goods

• making needed commodity available for prospective customers

• producing substandard goods

An office can be best be defined as a place where ----------------------

• Building and desk are displayed

• Business is carried out

• Buying and selling is done

• Debts are paid

Which of the following is not a personal quality of a clerk?

• Courtesy

• Dedication

• Good appearance

• Unfaithful

An honest staff is ------------------------

• Deceitful

• Dedicated

• Disobedient

• Fraudulent