IJMB Business Management 102 Past Questions 2010; This IJMB Business Management 102 past question is suitable for students about to sit for the upcoming IJMB EXAMINATION. Students should be informed that IJMB is an advanced-level program that helps students secure admission into the university of their choice without JAMB.
Recommended; See Other IJMB Past Questions Here
IJMB Business Management 102 Past Questions 2010
INTERIM JOINT MATRICULATION BOARD EXAMINATION 2010
SUBJECT: BUSINESS MANAGEMENT PAPER II
DATE SCHEDULED: WEDNESDAY 19th MAY, 2010
TIME ALLOWED: THREE HOURS (3 HRS)
INSTRUCTIONS: Answer FIVE (5) questions only.
- (a) What are the four main purposes of setting goals in an organization?
(b) Identify and explain the three basic steps in strategy formulation.
- Explain process planning and the various manufacturing processes being used today.
- Discuss the tactics unions and management use to overcome an impasse at the bargaining table.
- (a) Discuss the goal of price skimming and penetration pricing.
(b) Identify the channel of distribution. In what way do they differ from one another?
- (a) How does the market value of stock differ from the book value of a stock?
(b) Identify the various characteristics of corporate bonds.
- (a) Define an agent in business law.
(b) Explain the authority of an agent.
(c Discuss the responsibilities of the principal.
7. ‘’ The one man in control is the best in the world if that man is big enough to manage everything,’’ Examine the statement.
8. Write short notes on the following;
- Decision making
- Entrepreneurship
- Security market
- Fixed cost
- Product Layout
