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JAMB Commerce 2015 Objective — Question 27

Question 27 of 50 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2015 Objective paper, with the correct answer and a full explanation.

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Management of a business involves the development of ideas of the

  • A. distribution of goods and services that man wants
  • B. transportation of goods and services that man wants
  • C. production of goods and services that satisfy man needsCorrect
  • D. transfer of title of ownership of goods and services to individuals

Explanation

Management involves developing ideas around producing goods and services that satisfy human needs.

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