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) 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) Outline four merits of a short chain of distribution.(Answered) State four features of monopoly market.(Answered) Outline four measures that can be used that can be used to stimulate employment in rural areas.(Answered) State four features of bonded warehouse.(Answered) Outline four factors which affect the circular flow of income.(Answered) State four disadvantages of face to face communication in business.(Answered) State four government initiated methods of protecting consumers from unscrupulous traders.(Answered) Distinguish between derived and joint demand.(Answered) Highlight four essential features of any market.(Answered) State the principle of insurance to which each of the following statement relate.
a) Restoring the insured to the financial position he/she was in just before the risk occurred
b) A person can only insure property whose destruction would result
to a financial loss to him/her
c) Whatever remains of the property of insured after the insured has been compensated becomes the property of the insurer.
(Answered)