State four filing systems that organizations can adopt (Answered)
Highlight four factors that are considered when deciding where to locate an office (Answered)
Mention four factors that limit the use of land in Kenya for agricultural production (Answered)
State four factors that determine the rate of interest
Charged on borrowed capital (Answered)
Identify four goals of development (Answered)
Highlight four reasons why the Kenyan government imposes tax. (Answered)
Outline four causes of cost-push inflation in any country (Answered)
Outline four reasons why the government may impose trade restrictions on her trading activities. (Answered)
Highlight four merits of current account to the account holder (Answered)
A resource is something that is used by a business to achieve an objective. Identify four resources available in a business. (Answered)
Giving an example in each case, define the following terms
i)Long term liability:
ii)Current assets: (Answered)
Highlight four reasons why many governments discourage localization of firms (Answered)
Outline four features of a monopoly market structure (Answered)
The table below shows the growth rate of gross domestic product (GDP) of a certain country for two years
2003-6.5%
2005-2.0%
Highlight four circumstances under which the standards of living of the citizens of the country referred to above may not necessarily have
been lower in 2005 than 2003 (Answered)
The descriptions stated below refer to various methods of advertisements. For each description, give the method that best matches it.
a)Any mention of a person/firm or product in the mass media
b)Presentation of a commodity to the prospective buyers, face to face by salesperson with an aim of making sales
c)Process of information with a view of creating, promoting or maintaining good will and favo (Answered)
Give any four contents of cover note (Answered)
State four benefits of bonded warehouse to the government (Answered)
Highlight four limitations of a siren as a means of communication (Answered)
One of the flagship projects by the Kenyan Government is LAPSSET and standard Gauge Railway (SGR). Outline four benefits of the new railway line to the Kenyan economy (Answered)
State four reasons why consumers need protection from unscrupulous traders (Answered)
Outline four contents of the articles of association as a document required by registrar of companies (Answered)
Outline four features of departmental store (Answered)
Outline four measures that may be taken by an office to safeguard the property of the organization. (Answered)
State four factors that an entrepreneur would consider before investing in a business opportunity (Answered)
The information below describes some terminologies used in Business studies.Identify the terms given to each statement.
a)Activities carried out with a view of making profit
b)Increasing the usefulness of goods or services
c)Movement of goods from producers to consumers
d)A person who uses a good or a service (Answered)
Name three computer storage devices. (Answered)
Define peripheral devices and give examples. (Answered)
Mention three possible ways of warm booting a computer. (Answered)
State two possible dangers of shutting down a computer improperly. (Answered)
Give the key combination for warm booting a computer. (Answered)
State four ways in which a computer user can protect the eyes from damage caused by computer radiation. (Answered)
Highlight four circumstances that can lead to creation of a monopoly (Answered)
The following information relates to benja retail shop as at 31st December,2006
Opening stock sh.80,000
Closing stock sh.100,000
Sales sh. 325,000
Rate of stock turnover 3 times
Calculate :
i) The cost of goods sold
ii)The gross profit (Answered)
Highlight four ways in which an office manager can ensure that the company’s property is safeguarded. (Answered)
The following are daybooks used in recording business transactions. State the relevant source document used to record information in each of the daybooks
a)sales journal
b)Cash receipt journal
c)Purchases return journal
d)Cash payment journal (Answered)
Outline four reasons why it is important for the government to undertake taxation (Answered)
The demand for commodity X doubled in six months though the price of the commodity remained the same over the same period.
Outline four factors that may have contributed to the increase. (Answered)
Kamau,a manufacturer, exhibited his goods in a local trade show. However, his sales did not increase significantly. Outline four reasons that may have led to lack of significant sales increase. (Answered)
Identify four reasons why most countries are getting rid of direct production (Answered)
Outline Four circumstances under which gaps in the market may be identified (Answered)
Outline four factors that can accelerate economic development in a country (Answered)
Nzundu and Hurry bought a building for sh. 12,000,000. Nzundu paid 8,000,000 while hurry paid 4,000,000. The building was insured for 8,000,000 against the risk of fire. Later the building was partially destroyed by fire to a tune of sh. 6,000,000
a) State the amount of compensation likely to be paid by the insurance company
b) Calculate the amount of compensation that each one will receive based (Answered)
Give four malpractices against which consumers may need protection. (Answered)
State four factors that limit the efficiency of co-operatives in delivering services to their members (Answered)
Outline four means used by commercial banks to transfer money. (Answered)
Highlight four advantages of sending parcels by courier services (Answered)
Outline four differences between a debit note and a credit note as a business documents. (Answered)
Post the following transactions in relevant ‘T’ accounts.
a)Started a business by depositing in the bank a cheque of sh 10,000 on 2nd January 2014
b)Withdrew cash sh 2,000 from the bank for business use on 5th January 2014
c)Ngithi a debtor paid sh. 4,000 in cash on 10th January 2014
d)Withdrew cash sh.1,000 from the business for personal use on 16th January 2014 (Answered)
State four ways in which consumers are likely to suffer in a situation where there is no warehouse (Answered)
In each of the following cases, state the type of inflation described
a)A rise in prices due to an increase in money supply
b)A rise in prices due to an increase in the prices of factors of production
c)A rise in price due to buying expensive goods from foreign countries
d)A rise from decision by firms to increase their profit margins by increasing prices of their products. (Answered)