State four benefits that a country may derive from participating in international trade (Answered)
Give four reasons why it may be necessary for a country to control imports (Answered)
Outline four benefits that Kenya derives by being a member of preferential Trade Area (PTA) (Answered)
Name four parties to whom a business is responsible to (Answered)
Write the meaning of the following initials as used in business studies.
a)C.W.O
b)C.O.D
c)I.O.U
d)E&O.E (Answered)
State four factors considered when setting up a business. (Answered)
Identify the factor of production represented by:
a)Jembe
b)farm workers
c)Seeds
d)Owner (Answered)
State four reasons why businesses exist in society (Answered)
Name four types of wholesalers (Answered)
Highlight four reasons that may lead to dishonouring of a cheque (Answered)
Give four reasons why supermarkets are popular in Kenya (Answered)
Outline four factors considered in choice of an office layout (Answered)
Outline how a business plan is useful to an entrepreneur (Answered)
Outline the differences between
a)Producer goods and consumers goods
b)Perishable goods and durable goods
(Answered)
Highlight the characteristics of capital as a factor of production (Answered)
Give a term to represent the statements below.
i)Limited resources hence one cannot create enough goods and services
ii)A decision to satisfy some wants due to limited resources
iii)A list of unsatisfied wants in order of priority
iv)The cost of satisfying a want in terms of forgone alternative (Answered)
Outline four ways by which a business uses its internal environment to ensure its success (Answered)
Outline four ways by which business study benefits the society (Answered)
Mention four types of utility (Answered)
Highlight four trends in office management (Answered)
Outline disadvantages of an enclosed office layout (Answered)
Outline four advantages of using cash as a means of payment (Answered)
Outline four causes of an overcharge of an invoice (Answered)
State four contents of a quotation (Answered)
Outline four features of a departmental store (Answered)
Give four advantages of small scale retailers (Answered)
Outline four factors that influence the efficiency of human resources (Answered)
Management, junior staff or support staff are categories of office staff. ,match the categories with the descriptions below.
a)facilitate cleaning of the working areas
b)Offering guidance and leadership to other employees
c)Performing general and specifics duties assigned to them
d)Advising owners about the business (Answered)
Outline four benefits that hawkers may have over shopkeepers (Answered)
Define the following terms as used in business studies
a)Internet
b)Intranet
c)Website
d) Teleconferencing. (Answered)
Explain four factors of an electronic filing system (Answered)
Give four differences between goods and services (Answered)
highlight four factors one should consider when selecting office equipment (Answered)
State four ways in which consumers are exploited (Answered)
State the term given to each of the following statements.
a)Activities carried out with a view of making profit
b)Increasing the usefulness of goods and services
c)A person who uses goods or services
d)Study of how human beings strive to satisfy their endless wants using scarce economic resources (Answered)
Highlight four disadvantages of using a computer in the office (Answered)
State any four features of indirect production (Answered)
Outline four advantages of an enclosed office layout (Answered)
Name four sources of business ideas (Answered)
Outline four advantages of itinerant traders. (Answered)
State two examples of the following
a) Basic wants
b) Secondary wants (Answered)
Stephen started a business but after six months the business collapsed. Give four reasons that may account for this failure. (Answered)
List four factors of production and their rewards (Answered)
State four reasons why a business plan is important (Answered)
Give four advantages of using office machines (Answered)
Outline four characteristics of human wants. (Answered)
State four types of business activities (Answered)
Name five categories of groups that a business is socially responsible to. (Answered)
State four trends in modern office management (Answered)
Highlight four services of retailers to consumers (Answered)