The manager of Tasa Limited constantly walks around various departments. State four merits of this style of management.
Merits of Management by Walking around (MBWA) include:
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Name the types of warehouses associated with each of the statements given below:
Types of warehouses referred to are:
Give five reasons why the government may find it necessary to start a parastatal.
Reasons why the government may find it necessary to start a parastatal include:
Merits of promoting products through personal selling
Merits of promoting products through personal selling include:
Reasons for which businesses should observe ethical practices
Reasons for which businesses should observe ethical practices include:
Explain five demerits that may be associated with water transport
Demerits that may be associated with water transport
Explain five features of sole proprietorship form of business
Features of sole proprietorship form of business
Outline four benefits that accrue to the government as a result of privatization of public enterprises
Benefits of privatization of public corporations
Outline four circumstances which face to face communication may be ineffective
Circumstances under which face to face communication may be ineffective.
Outline four factors that should be considered in the choice of a means of transporting perishable goods
Factors to consider in the choice of a means for transporting perishable goods
Explain the meaning of the following terms: (4 marks)
(a) Insured . (h) Insurance . Meaning of insured and Insurance
(a) Insured:
Is an individual or business unit that signs an insurance contract to be covered against a risk of loss and can therefore be compensated in the event of the loss occurring. (b) Insurance: Is an arrangement (contract) in which the insured pays premiums to the insurer so as to be compensated in case of loss occurring as a result of an insured risk. Types of information that a manager may communicate to the juniors
Types of information that a manager may pass to the juniors include:
A lucrative manufacturing firm been constantly releasing toxic wastes into the neighborhood. Outline four measures you can take to stop the firm from such malpractice
Measures to stop emission of toxic wastes into neighborhood include:
Outline four benefits that may accrue to a business from a country’s political stability
Benefits that may accrue from political stability include:
Amboseli Enterprises has been spending heavy on promotion for its products though its sales have consistently declined. Outline four measures that the company take to reverse the trend
Measurers that may be taken to reserve declining sales include
Explain four circumstances in which a trader may offer after sales service to the buyer. (8 marks)13/12/2020 Explain four circumstances in which a trader may offer after sales service to the buyer.
Circumstances in which a trader may offer after sales service to the buyer.
Explain five features that differentiate a Public Limited Company from a partnership form of business.Outline four reasons why the government may use regulatory measures to protect consumers against exploitation.
Reasons why the government may use regulatory measures to protect consumers against exploitation.
Elephant Enterprises acquired a building valued at sh 1 000 000 on 1 January 2007,The building was insured with two insurance companies. Zebra and Simba for sh 600 000 and.sh 400 000 respectively. In May 2007, fire damaged the building.causing Elephant Enterprises to suffer a loss of 20% of the building value. Determine contribution made by Simba and Zebra to cover the loss.Features of liners in sea transport
Features of liners in sea transport include:
Role of a stock exchange market
Activities that may be carried out in a stock exchange market include:
Related Business Studies Quiz and Answers on Government and Business. Form 2 LevelState four reasons why ethical practice is necessary in Product Promotion.
Reasons why ethical practice is necessary in Product Promotion.
Outline four factors that a trader would consider in choosing a mode of transport.(4 marks)13/12/2020 Outline four factors that a trader would consider in choosing a mode of transport.
Factors that a trader would consider in choosing a mode of transport.
Outline four benefits that may accrue to a business person who uses e-mail to communicate. (4 marks)13/12/2020 Outline four benefits that may accrue to a business person who uses e-mail to communicate.
Benefits that may accrue to a business person who uses e-mail to communicate.
State four ways in which a warehouse is of importance to a manufacturer.
Ways in which a warehouse is of importance to a manufacturer.
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