Outline four main reasons why business enterprises exist. (Answered)
Outline four acts of parliament enacted by the government to protect consumers against exploitation (Answered)
State four ways bonded warehouses are useful to the government (Answered)
State four benefits of insurance (Answered)
Give the Objectives of advertisements (Answered)
Enumerate four disadvantages of an open office layout (Answered)
State any four current trends in communication in Kenya. (Answered)
Atieno insured his house for sh 720 000 against. The house was valued at sh 1 000 000. Part of the house valued at sh. 600 000 was destroyed by fire, calculate the amount of money atieno can claim for compensation (Answered)
Highlight four ways in which business can improve its human resources. (Answered)
Outline the stages involved in the satisfaction of human wants (Answered)
Indicate the type of utility created by each of the following
a)Shopkeeper
b)Transport
c)Baking
d)Warehousing (Answered)
List four sources of capital for public limited companies (Answered)
Outline four measures that the Kenya government can take to conserve forests which are of great economic importance to the country (Answered)
Simiyu wants to buy furniture for his new office. Give four factors that he should consider when making the decision (Answered)
Highlight four ethical issues in product promotion (Answered)
Below are two cases when insurance company may fail to compensate the insured. For each case identify the insurance principle and the reason for non-compensation
a)The insurer refuses to cover Owiye’s application to insure his brothers house against fire
b)Kapati bakery insured ats bakery against fire, later the bakery was burned down by fire from a neighboring bakery. The insurer did not honor (Answered)
Identify four uses of mobile phones (Answered)
Highlight four factors that may lead to an increase in the supply of maize (Answered)
Outline four function of an Office (Answered)
Give four differences between money order and postal order. (Answered)
Highlight four benefits associated with the use of containers in transportation today. (Answered)
Give four ways in which an entrepreneur can improve the internal environment of his or her business (Answered)
State four reasons of operating a business enterprise (Answered)
State four functions of a ware house (Answered)
List four ways in which an office may receive information. (Answered)
Outline four characteristics of a public good (Answered)
Identify four benefits of M-pesa services to the consumer (Answered)
A viable business can be selected after a thorough SWOT analysis. Give full meaning of the word SWOT (Answered)
List four benefits to a direct producer who engages in trade (Answered)
Below documents are used in home trade: advice note, an invoice, a catalogue and an acknowledgement note. Match the documents with correct descriptions
a)Sent by the seller to the buyer to confirm that the order has been received
b)A formal request by the seller for payment of the goods delivered
c) A document to inform the buyer that goods are on the way
(Answered)
Outline any five emerging trends in the transport industry (Answered)
Highlight five differences between insurance and gambling. (Answered)
State five ways in which the government can use a warehouse to protect consumers (Answered)
Explain the procedure followed when claiming for compensation after the death of the insured (Answered)
Differentiate between the following phrases as used in Business
a)Vertical and Horizontal line of Communication
b)Over insurance and double insurance.
c)Hire purchase and deferred payment
d)A share and a debenture (Answered)
Highlight five merits of government involvement in business (Answered)
Outline five weaknesses that may arise from using office machines in an organization (Answered)
Kasyoka a business teacher is considering moving to Juba to work there. Give four factors that may hinder him from relocating (Answered)
State four reasons why railway transport is not popular in Kenya. (Answered)
Describe the procedure followed when starting up a public limited company (Answered)
Outline five circumstances why a manufacturer may not need a large warehouse for the goods produced. (Answered)
State five reasons caused by a payee that would make a bank to dishonor cheque (Answered)
Highlight five reasons why purity, who has insured her shop with an insurance company may not be compensated when loss occurs. (Answered)
Outline five disadvantages of using advertisement as a method of product promotion to one customer. (Answered)
Identify four documents used in the delivery process in home trade. (Answered)
Highlight five ways in which the productivity of workers may be improved. (Answered)
Identify the business environment described in each case below.
a) The level of know-how and efficiency use of tools and other resources
b)Considers age,population density and market size
c)Considers beliefs, norms, attitudes, opinions and lifestyles which dictate consumer behavior
d)Factors that affect the consumers buying abilities in terms of income levels (Answered)
The following descriptions relate to insurance policies. State the insurance policy that suits each of them.
a)Covers employers due to financial loss due to dishonesty of employees
b)Covers all possible risks that may occur out of operating motor vehicle
c)Covers employees for injuries sustained at work
d)Covers cargo in a ship for
a particular journey. (Answered)
Shekinah traders had the following record for the year ending 30th June 2016.
Capital as at 30th June 2018 sh 640,000
Net profit for the year sh 140,000
Capital as at 1st July 2015 sh 420,000
Drawing for the year sh 180,000
Required: calculate the additional capital during the year. (Answered)
State four factors that can influence the location of a firm. (Answered)