Question Options Answer
SSS 1 AND 2 COMMERCE Communication is the process of __. A) producing goods
B) exchanging information and ideas
C) buying and selling goods
D) transporting people
optionB
Which of the following is an element of communication? A) Sender
B) Manufacturer
C) Wholesaler
D) Consumer
optionA
The person who initiates a message is called the __. A) receiver
B) sender
C) medium
D) decoder
optionB
The person for whom a message is intended is the __. A) sender
B) receiver
C) advertiser
D) producer
optionB
Which of the following is a means of verbal communication? A) Facial expression
B) Telephone conversation
C) Body posture
D) Sign language
optionB
Communication through gestures and facial expressions is known as __ communication. A) written
B) verbal
C) non-verbal
D) electronic
optionC
Which of the following is an example of written communication? A) Telephone call
B) Radio broadcast
C) Business letter
D) Face-to-face conversation
optionC
The medium through which a message is transmitted is called the __. A) channel
B) receiver
C) sender
D) feedback
optionA
The response of the receiver to a message is known as __. A) encoding
B) feedback
C) transmission
D) decoding
optionB
Which of the following is a barrier to effective communication? A) Clarity
B) Noise
C) Feedback
D) Understanding
optionB
The process of converting ideas into symbols or words is called __. A) decoding
B) encoding
C) feedback
D) receiving
optionB
Decoding involves __. A) creating a message
B) interpreting a message
C) sending a letter
D) selecting a channel
optionB
Which of the following is an advantage of telephone communication? A) It is always free
B) It allows immediate interaction
C) It cannot be interrupted
D) It requires no network
optionB
A major advantage of written communication is that it __. A) provides a permanent record
B) is always faster than speech
C) requires no literacy
D) cannot be misunderstood
optionA
Which of the following is an electronic means of communication? A) Notice board
B) Email
C) Memo
D) Letter
optionB
Communication between people at the same level of authority is called __ communication. A) downward
B) upward
C) horizontal
D) diagonal
optionC
Communication from a manager to a subordinate is __ communication. A) upward
B) downward
C) horizontal
D) external
optionB
Communication from employees to management is called __ communication. A) upward
B) downward
C) horizontal
D) external
optionA
Which of the following is most suitable for urgent communication? A) Telephone
B) Annual report
C) Newspaper
D) Notice board
optionA
Effective communication should be __. A) ambiguous
B) unclear
C) concise and clear
D) unnecessarily long
optionC
Advertising is a form of __ communication. A) personal
B) mass
C) private
D) internal
optionB
The main purpose of advertising is to __. A) discourage consumers
B) inform and persuade consumers
C) increase production costs
D) reduce product quality
optionB
Which of the following is a medium of advertising? A) Radio
B) Warehouse
C) Factory
D) Bank account
optionA
An advertisement placed in a newspaper is known as __ advertising. A) broadcast
B) print
C) outdoor
D) personal
optionB
Which of the following is an example of outdoor advertising? A) Billboard
B) Email
C) Radio
D) Television
optionA
Advertising through television is classified as __ advertising. A) print
B) broadcast
C) direct mail
D) outdoor
optionB
One major advantage of advertising is that it __. A) creates product awareness
B) eliminates competition
C) prevents innovation
D) reduces consumer choice
optionA
Which of the following is a disadvantage of advertising? A) It informs consumers
B) It promotes competition
C) It can be expensive
D) It introduces new products
C
Advertising that aims to introduce a new product is called __ advertising. A) informative
B) competitive
C) reminder
D) institutional
optionA
Reminder advertising is mainly used to __. A) introduce a completely new product
B) keep an existing product in consumers' minds
C) close down a business
D) reduce production
optionB
Advertising that compares one product with another is called __ advertising. A) competitive
B) informative
C) institutional
D) reminder
optionA
Which of the following is an example of broadcast advertising? A) Poster
B) Television commercial
C) Newspaper
D) Billboard
optionB
A short phrase used to identify and promote a product is called a __. A) slogan
B) memo
C) receipt
D) catalogue
optionA
Advertising through social media is an example of __ advertising. A) digital
B) outdoor
C) print
D) personal
optionA
Which of the following is NOT a function of advertising? A) Creating awareness
B) Increasing sales
C) Providing product information
D) Destroying consumer choice
optionD
Institutional advertising is mainly concerned with promoting the __. A) image of an organization
B) price of a product
C) location of a warehouse
D) salary of employees
optionA
Which of the following is an advantage of advertising to consumers? A) It provides information about products
B) It always increases prices
C) It prevents competition
D) It reduces product variety
optionA
Advertising can help producers to __. A) increase demand for their products
B) stop production
C) avoid consumers
D) eliminate all competitors
optionA
Which of the following is most suitable for reaching a large audience quickly? A) Television
B) Personal letter
C) Telephone conversation
D) Face-to-face discussion
optionA
An advertisement designed to encourage consumers to buy a product is primarily __. A) persuasive
B) administrative
C) financial
D) legal
optionA
A public enterprise is a business organization owned and controlled by the __. A) government
B) consumers
C) employees
D) private individuals
optionA
The main aim of most public enterprises is to __. A) provide essential services
B) maximize private profit
C) eliminate public services
D) compete with government
optionA
Which of the following is an example of a public enterprise? A) A government-owned electricity company
B) A privately owned supermarket
C) A family-owned restaurant
D) A private school
optionA
Public enterprises are established mainly to provide __. A) essential services
B) luxury goods only
C) private investments
D) personal loans
optionA
Which of the following is a source of finance for public enterprises? A) Government funds
B) Personal savings only
C) Donations from customers only
D) Sales of household goods
optionA
One advantage of public enterprises is that they can provide services at __. A) affordable rates
B) extremely high prices only
C) no cost to government
D) private rates only
optionA
Which of the following is a disadvantage of public enterprises? A) Political interference
B) Provision of essential services
C) Employment creation
D) Economic development
optionA
Public enterprises are generally accountable to the __. A) government
B) individual customers only
C) private shareholders only
D) foreign companies
optionA
The process of transferring a public enterprise to private ownership is called __. A) nationalization
B) privatization
C) localization
D) industrialization
optionB
Nationalization involves transferring ownership of an enterprise to the __. A) government
B) consumers
C) employees
D) foreign investors
optionA
Which of the following is a reason for establishing public enterprises? A) To provide essential services
B) To prevent economic development
C) To reduce employment
D) To discourage investment
optionA
A major problem of public enterprises is __. A) inefficiency
B) excessive competition
C) too much private ownership
D) lack of government involvement
optionA
Public enterprises may be established in sectors such as __. A) transportation and electricity
B) personal fashion
C) private entertainment only
D) household hobbies
optionA
Which of the following is NOT a characteristic of a public enterprise? A) Government ownership
B) Public accountability
C) Provision of essential services
D) Ownership by one private individual
optionD
Public enterprises can help promote __. A) national development
B) unemployment
C) economic isolation
D) poor infrastructure
optionA
A public corporation is usually established by __. A) an Act of Parliament
B) a private contract
C) a family agreement
D) a consumer association
optionA
One reason governments may privatize public enterprises is to improve __. A) efficiency
B) political control
C) bureaucracy
D) public debt
optionA
Public enterprises may operate as monopolies because they __. A) provide essential services
B) have no customers
C) are always privately owned
D) do not need funding
optionA
Which of the following is a benefit of public enterprises to citizens? A) Provision of basic services
B) Reduction of infrastructure
C) Increase in unemployment
D) Prevention of development
optionA
The management of a public enterprise is usually responsible to the __. A) government
B) private family
C) individual consumer
D) foreign supplier
optionA
A trade association is an organization formed by __. A) people or firms engaged in the same trade
B) government officials only
C) consumers only
D) students only
optionA
The main purpose of a trade association is to __. A) protect the interests of its members
B) eliminate all businesses
C) increase government taxes
D) prevent trade
optionA
Trade associations help their members by providing __. A) information and advice
B) personal housing
C) school uniforms
D) medical treatment only
optionA
Which of the following can be a function of a trade association? A) Representing members' interests
B) Preventing all competition
C) Closing members' businesses
D) Collecting personal taxes
optionA
A trade association may negotiate with the government on behalf of its __. A) members
B) competitors only
C) consumers only
D) students
optionA
Which of the following is an example of a trade association? A) Association of automobile dealers
B) A secondary school
C) A hospital
D) A family club
optionA
Trade associations can help maintain __ within an industry. A) professional standards
B) unemployment
C) product shortages
D) political conflicts
optionA
One benefit of belonging to a trade association is __. A) access to industry information
B) exemption from all laws
C) automatic ownership of government
D) guaranteed profit
optionA
Trade associations may organize __ for their members. A) training programmes
B) political elections
C) school examinations
D) religious services only
optionA
A trade association may collect information about __. A) market trends
B) private family matters
C) school attendance
D) personal hobbies
optionA
Which of the following is NOT a function of a trade association? A) Representing members
B) Providing market information
C) Organizing training
D) Arresting criminals
optionD
Trade associations can promote cooperation among __. A) businesses in the same industry
B) unrelated families
C) school students only
D) government ministers only
optionA
A trade association can help settle __ among its members. A) trade disputes
B) family disputes
C) examination disputes
D) sporting disputes only
optionA
Trade associations may publish __ to educate members. A) newsletters
B) passports
C) birth certificates
D) examination papers
optionA
Which of the following is a source of funds for trade associations? A) Membership dues
B) Criminal activities
C) School fees
D) Government salaries only
optionA
Trade associations may lobby government to influence __. A) policies affecting their industry
B) school examinations
C) family decisions
D) sporting events
optionA
A trade association differs from a trade union because a trade association primarily represents __. A) businesses
B) workers only
C) students
D) consumers only
optionA
Trade associations can promote fair competition by encouraging members to follow __. A) industry standards
B) illegal practices
C) false advertising
D) dishonest trading
optionA
Which of the following is a likely objective of a trade association? A) Promoting the interests of members
B) Destroying the industry
C) Preventing business development
D) Increasing unemployment
optionA
A trade association may represent its members during discussions with __. A) government agencies
B) primary school pupils
C) tourists
D) athletes only
optionA
Consumer protection refers to measures taken to protect consumers from __. A) unfair business practices
B) good-quality products
C) useful information
D) reasonable prices
optionA
A consumer is a person who __. A) uses goods and services
B) manufactures all goods
C) sells only to wholesalers
D) regulates all businesses
optionA
Which of the following is a consumer right? A) Right to safety
B) Right to deceive sellers
C) Right to steal goods
D) Right to avoid payment
optionA
The right to information enables consumers to receive __. A) accurate information about products
B) false information
C) secret business records
D) free goods always
optionA
The right to choose means consumers should have access to __. A) a variety of products
B) only one product
C) illegal goods
D) expired products
optionA
Which of the following is an example of consumer exploitation? A) Selling adulterated goods
B) Providing accurate information
C) Offering quality products
D) Giving proper receipts
optionA
A product is adulterated when it __. A) contains inferior or harmful substances
B) is properly packaged
C) meets quality standards
D) has accurate labeling
optionA
Selling goods beyond their expiry date is an example of __. A) unfair business practice
B) consumer education
C) product improvement
D) fair competition
optionA
Which of the following can help consumers make informed decisions? A) Product labels
B) False advertisements
C) Hidden prices
D) Misleading information
optionA
A consumer who receives a defective product may seek __. A) redress
B) punishment
C) advertising
D) taxation
optionA
The right to redress means the right to __. A) compensation or correction of a wrong
B) buy without paying
C) avoid all responsibilities
D) control every business
optionA
Consumer education helps consumers to __. A) make informed choices
B) become dishonest
C) avoid all products
D) ignore product labels
optionA
Which of the following is a way consumers can protect themselves? A) Checking expiry dates
B) Ignoring labels
C) Buying blindly
D) Accepting false claims
optionA
A receipt is important to a consumer because it serves as __. A) proof of purchase
B) proof of employment
C) a passport
D) a business license
optionA
Which of the following organizations is responsible for consumer protection in Nigeria? A) Federal Competition and Consumer Protection Commission (FCCPC)
B) Nigerian Football Federation
C) National Assembly only
D) Nigerian Union of Teachers
optionA
A consumer complaint should normally be directed first to the __. A) seller or service provider
B) school principal
C) sports club
D) bank manager
optionA
Which of the following is an unfair trade practice? A) False advertising
B) Honest labeling
C) Proper packaging
D) Fair pricing
optionA
The right to safety protects consumers from __. A) hazardous goods and services
B) quality products
C) useful information
D) fair prices
optionA
Which of the following is a responsibility of consumers? A) Reading product information carefully
B) Destroying products
C) Making false complaints
D) Avoiding payment
optionA
The overall aim of consumer protection is to ensure that consumers __. A) are treated fairly and receive safe, quality goods and services
B) always receive free products
C) control all businesses
D) avoid all commercial activities
optionA