Explain five challenges that may be experienced by a new entrepreneur who is intending to establish a business in Kenya.(Answered) Explain five benefits that could be enjoyed by a person who decides to take out an endowment policy(Answered) Explain four circumstances that would influence a business firm to use courier services in distributing products.(Answered) Explain five causes of unemployment in Kenya(Answered) Hightlight five functions of the international monetary fund(Answered) Explain five principles of government expenditure(Answered) Explain five measures that can be taken by central bank to control hyperinflation(Answered) Explain five types of unemployment experienced in Kenya(Answered) Higher national income may not necessarily mean better welfare for citizens of a country.Discuss(Answered) Discuss five circumstances under which monopolies are created(Answered) Explain five factors that are used as criteria for determining the size of a firm.(Answered) Explain five merits that accrue to a customer who prefers to shop from a supermarket rather than from a chain store(Answered) Addullah , a manufacturer, exhibited his goods in a local trade show, but his sales did not increase significantly thereafter. Outline five reasons that may have led to lack of significant sales increase(Answered) Describe five circumstances under which an insurance company may not compensate the insured in the event of loss(Answered) Explain five uses of national income statistics in an economy(Answered) Explain five benefits that a country derives from transporting oil by pipeline(Answered) Explain five factors that may lead to decline of supply of a certain commodity(Answered) Explain five methods initiated by the government inorder to protect consumers(Answered) Explain five factors considered in choosing viable investment to undertake(Answered) Give four differences between corporations and savings and credit co-operative societies(Answered) Highlight six problems a manufacturer is likely to face when the wholesalers is eliminated from the chain of distribution(Answered) Discuss five factors that determine the amount of premium to be charged against policy(Answered) Explain five problems facing small scale businesses in Kenya(Answered) Explain five reasons that justify insurance as an aid to trade(Answered) Under what circumstances will an exporter prefer air transport to water transport?(Answered) Explain five current trends in the banking industry in Kenya.(Answered) Highlight five measures Kenya government may put in place to reduce unemployment.(Answered) Describe the procedure involved in personal selling method of sales promotion.(Answered) Explain five ways in which warehousing facilitate trade.(Answered) Outline the benefit that saving and credit cooperative society provide to members.(Answered) Explain four factors that may influence the choice of distribution channel.(Answered) The oil pipeline has been recently extended from Nairobi to western Kenya. Explain five benefits that may accrue to the country from this extension.(Answered) Explain five measures that government may take to encourage establishment of industries in rural areas.(Answered) Safaricom Ltd has successfully operated a business in Kenya making a huge profit. Explain five causes of its business success.(Answered) population comprising mostly of young people is faced with some challenges. Explain five of such challenges.(Answered) Explain the procedure of obtaining an insurance policy.(Answered) Mumias sugar ltd is considered to a very large firm in east Africa. Explain five reasons justifying this statement.(Answered) Explain five advantages of carrying out trade activities through E-commerce.(Answered) Motor cycle mode of transport has become very popular in the recent past. Explain five factors that have contributed to this popularity.(Answered) Bidii electronic ltd has been considering adopting personal selling for its product promotion. Advise the company on five circumstances under which this method would be the most appropriate.(Answered) The government of Kenya has been involving herself in business. Explain five method of government involvement in business.(Answered) Explain five unique characteristics of services.(Answered) Indicate the best type of document to use in the following situations
a)Issued by a transport trader without his own transport means
b)To correct overcharge in the invoice
c)Written by a debtor to the seller acknowledging that a debt exists
d)Written by an exporter to his bank authorizing the bank to sell goods that the importer is unable to pay for.(Answered) State four internal diseconomies of scale(Answered) Outline four factors that hinder development in most African countries(Answered) State four circumstances when face to face communication may be appropriate(Answered) State four factors that influence the amount of capital borrowed by a business enterprise(Answered) Highlight four factors that account for wage differences among workers with similar qualifications.(Answered) Identify four possible causes of structural unemployment(Answered) Highlight four features of postal orders(Answered) State four positive effects of inflation(Answered) The central bank is a banker to the government. Outline four banking services it provides to the Kenyan government(Answered) Highlight four ways that could be used to determine the prices of goods and services(Answered) Outline four circumstances under which the nature of goods would influence the choice of means of transport(Answered) Highlight four modern trends in product promotion(Answered) Highlight four factors that may determine the amount of premium to be paid in life assurance.(Answered) State four advantages of specialization and division of labour(Answered) Outline four contents of goods business plan.(Answered) State four reasons why it is important to locate a warehouse to a point of entry into a country(Answered) Outline four characteristics of debentures as a source of finance for a company(Answered) Many trading blokcs particularly in Africa face numerous challenges. Outline four challenges they face.(Answered) Highlight four advantages of direct taxation.(Answered) Mention four factors that have led to slow economic development in most African countries(Answered) State four negative effects of inflation to business(Answered) Highlight four factors that influence the amount of money collected by the government through taxation(Answered) Outline four measures that central bank of Kenya can use to mop out any excess liquidity in the country(Answered) Classify each of the assets below as either current or fixed(Answered) Outline four ways in which students can prevent unemployment in the future after high school(Answered) Outline four disadvantages of under populated country(Answered) Indicate whether each of the following below is either an Income approach,Expenditure approach or Output approach in the measurement of national income.
a)Expenditure on fuel
b)Government tax
c)Cost on finished goods
d)Salaries and wages(Answered) State four expenses that a wholesaler will incur if he distributes goods on behalf of the producer(Answered) Mention four government policies that may encourage location of firms in a certain area.(Answered) Highlight four ways that a government can use to increase the demand of a commodity in the market(Answered) Mutua and Mutio have taken life assurance policies. State four factors that would make them pay different premium amounts.(Answered) State four functions carried out in a warehouse(Answered) Give four merits of verbal communication over written communication(Answered) State four characteristics of an efficient transport system.(Answered) Highlight four internal sources of capital available to a business(Answered) Give four main differences between a private limited company and a public limited company(Answered) Highlight four reasons why most businesses in Kenya operate on small scale basis(Answered) Outline four circumstances that will make the consumers to buy products directly from producers(Answered) 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)
