Outline four ways in which the utility of a product may be improved (Answered)
State four disadvantages of specialization of work. (Answered)
Identify the types of small scale retailers described below
i)Its operations are guided by the host institution
ii)Commonly found in residential areas
iii)Sell goods of one manufacturer
iv)Operate at busy place such as bus stops, entrances to public buildings among others. (Answered)
Identify four characteristics of an entrepreneur (Answered)
Indicate whetha)soda ash-renewable
b)Gold
c)Solar energy
d)Gas-Non
e)Wind energy (Answered)
Outline four characteristics of services. (Answered)
Classify the following as either basic or secondary wants.
i)Shelter
ii)Education
iii)A car
iv)Food (Answered)
Give four advantages of an open office layout (Answered)
Identify the types of utilities described below
a)Changing raw materials into finished goods
b) Transporting goods closer to the consumer
c)Changing ownership of a good from the producer through to the consumer
d)Storing goods in a warehouse and releasing them for use at the time they are needed (Answered)
Identify fives causes of business success (Answered)
Identify the best type of a machine one would use to perform the following tasks
a)To create postage impressions on envelopes
b)To fold documents put them in an envelope and seal them
c)To destroy sensitive but unwanted documents
d)To store large volume of data
e)To trim papers to the required size (Answered)
Outline the various reprographic techniques that can be used in an office (Answered)
State four functions of a retailer to a consumer (Answered)
Identify the types of wholesalers described below:
i)deals with a wide range of goods of a given line of products.
ii)Deals in a particular good from a given line of products
iii)Deals in wide range of products
iv)Specialises in selling to other specialized wholesalers (Answered)
Define the following terms
a)chain stores
b)Departmental stores
c)Hypermarkets
(Answered)
List four examples of retailers without shops (Answered)
Below are some functions of the following departments in an organization production, marketing, purchasing and personnel. Identify the departments described
i) Mantains a good relationship between the customers and the organization
ii) Controls the use of machines, materials and labour
iii) Enhances a good relationship among employees
iv) Mantains a record of the supplies (Answered)
Outline four reasons why office documents should be filed in (Answered)
State four benefits of entrepreneurship to the economy (Answered)
Give four factors which affect productivity of labour (Answered)
State the rewards of each of the following factors of production
I)Land
ii)Labour
iii)Capital
iv)Entrepreneurship (Answered)
Give five reasons why a household come up with a scale of preference (Answered)
List four benefits that a subsistence producer may get by participating in trade (Answered)
Identify the types of goods described below:
i)Goods demanded for final or direct use by the buyer
ii)Goods demanded for production of other goods (Answered)
Name whether the following is internal or external environment of a business.
i)Funding a rural development project
ii)Putting safety measures at place of work
iv)Financial management of a business unit
v)Heavy advertisement by another business unit
(Answered)
List four disciplines that make up business studies. (Answered)
Outline any four benefits of “pooling of risks” to insurance company (Answered)
State four measures that the owner of a warehouse may take to ensure its smooth operation. (Answered)
Highlight four features of a bonded warehouse (Answered)
Despite the remarkable shift to mobile phone system, landlines are still in use. State four reasons why organisations are still using landline communication (Answered)
State four reasons why courier services are becoming popular in the delivery of letters and parcels (Answered)
Highlight four reasons why the motorbikes are quickly replacing bicycles as a choice for clients (Answered)
State four roles played by Kenya ports authority in ensuring that sea transport operates effectively (Answered)
Give four benefits of export processing zones in Kenya (Answered)
State factors that limit effectiveness of consumer organization in protecting consumers in Kenya. (Answered)
Distinguish between a share and a debenture as a source of finance for a public limited company (Answered)
Give four reasons for privatization of government owned firms (Answered)
Credit cards are increasingly being used in transactions in Kenya. Highlight four disadvantages of using credit cards. (Answered)
Give four differences between an invoice and a pro-forma invoice (Answered)
State four ways in which a well-planned office layout contributes towards efficiency of operation in an organization (Answered)
Identify the office equipment used to perform each of the following:
a)Removing pins from papers
b)Printing postage impression on envelopes
c)Transmitting printed messages e.g envelopes
d)Posting information to ledgers and preparation of payrolls (Answered)
Explain four measures that the government can take to enhance entrepreneurial culture in Kenya (Answered)
State four circumstances under which an entrepreneur may want to change his or her business (Answered)
Give four reasons why occupational mobility of skilled labour is slow (Answered)
Identify the utility created by each of the following
a)Carpentry
b)Shop
c)Teaching
d)Importing (Answered)
State four reasons why choice is important in the satisfaction of human wants (Answered)
Outline four difficulties faced by a consumer in the process of satisfying his/her wants (Answered)
State four ways in which HIV and AIDS prevalence has negatively affected business activities (Answered)
Outline four measures to br taken by a businessman to improve internal business environment (Answered)
Highlight four benefits that a community should derive from a manufacturing firm (Answered)