Features that are common to underdeveloped countries
Features of under development include:
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![]() Benefits which may accrue to Kenya by being a member of the African Development Bank (AFDB)
Benefits that Kenya may enjoy by being a member of the African Development Bank (ADB/AFDB) include:
![]() Advantages of government involvement in business
Advantages of government involvement in business include:
![]() Trends in office management
Trends in office management:
![]() Explain five methods of determining the price of a product other than price control. (10 marks)11/12/2020 Methods of determining the price of a product other than price control
Five methods of determining the price of a product other than price control:
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The following trail balance relates to Chui Traders as at 31st December, 2014.
Required
Prepare Trading, Profit and Loss Account. (10 marks) Expected Response![]() Features of human wants
​Features of human wants:
​​Related Business Studies Quiz and Answers on Satisfaction of Human Wants Form 1 Level![]()
The following information was extracted from the books of Mamboleo Traders in the month of September, 2014.
Required:
Prepare a two column cash book. (10 marks) Expected Response![]() Ways in which the consumer may benefit from warehousing
Ways in which the consumer may benefit from warehousing.
![]() Discuss five principles that would lead to effective use of government resources. (10 marks)11/12/2020 Principles that would lead to effective use of government resources
Principles that would lead to effective use of government resources:
![]() Uses of National Income Statistics to a country
Uses of National income statistics to a country.
![]() Clauses found in the Memorandum of Association
Clauses found in the Memorandum of Association include:
![]() Ways an investor benefit from the stock exchange
Ways in which an investor may benefit from the stock exchange include:
![]() Benefits of sea transport over air transport
Benefits of sea transport over air transport include:
![]() Benefits of a business plan to an entrepreneur
![]() State four reasons that make it necessary for firms to maintain a healthy environment. (4 marks)10/12/2020 Reasons that make it necessary for firms to maintain a healthy environment
Reasons that make it necessary for firms to maintain a healthy environment include:
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The following information relates to Kahawa Traders as at 31st December 2012.
Expected Response![]() Goals of development to a country
Goals of development in a country include:
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The following Purchases Returns Journal relates to Farasi Traders:
Post the information above to the relevant ledger accounts. (4 marks)
Expected Response![]() Name the documents described by the statements given below as used in International Trade:9/12/2020
Name the documents described by the statements given below as used in International Trade: (4 marks)
Expected Response
The documents described by the given statements are:
![]() Levels of inflation
Levels of inflation include:
![]()
Identify the ledgers in which the following accounts are maintained. (5 marks)
Expected Response![]()
The following figures relate to Jumbo Traders for the year ended 31.12.13.
Expected Response![]() ![]()
The graph given below represents the demand and supply curves of milk:
State four effects of a shift of the demand curve to the right. (4 marks)
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