Circumstances in which the government may be involved in business activities.
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Problems faced by consumers as they try to satisfy human wants.
Circumstances when a manufacturer may prefer selling directly to consumers.
Reasons for taking endowment policy.
Features of oligopoly
Effects of excess demand and excess supply on market pricesWhere;
Dd – Demand curve
Ss – Supply curve. Qpe – Equilibrium price. P2 – Price below equilibrium P1 – Price above equilibrium.
Principles that distinguish cooperative societies from other forms of business organizations1/4/2022 Principles that distinguish cooperative societies from other forms of business organizations.
Importance of business plan.
Ways in which a good filing system may facilitate the operations in an office.
Ways of reducing unemployment in Kenya
Circumstances under which procedures may by-pass intermediates in distributing farm produce.30/3/2022 Circumstances under which procedures may by-pass intermediates in distributing farm produce.
Challenges of a large proportion of young people in a population.
Benefits gained from preparing a development plan.
Ways of enhancing efficiency in communication.
Factors influencing decisions on what goods and services to produce.
Ways in which Central Bank of Kenya regulates the operations of commercial banks.
Benefits of filing documents in an organization.
Reasons justifying the use of economic barriers to control free trade.
Principles of an efficient tax system.Equitable – tax burden should be distributed equitably.Certain – amount, time and manner of payment should be clear. Convenient – to both contributor and the collector. Economical – cost of collecting taxes should be lower than the amount to be collected. Elastic – the system allow government to increase revenue as need arises. Flexible – capable of changing to suit prevailing economic conditions. Diversified – allow the contributions of all sectors of the economy. Procedures taken to obtain a valid insurance policy.
Contributions of trade in the growth and sustenance of economy.
Benefits that accrue to a company by using prize winning competition to promote its products17/3/2022 Prize winning competition has become common in product promotion. Explain five benefits that will accrue to a firm which uses this method of promotion. (10 marks)Benefits that accrue to a company by using prize winning competition to promote its products
Explain five features of oligopoly.
Features of oligopoly include:
The following trial and balance relates to business of Mali Ngumu traders as at 30th June 2008.8/11/2021 The following trial and balance relates to business of Mali Ngumu traders as at 30th June 2008.
Required:(a) Prepare a trading profit and loss account as at 30th June 2009. (8mks)(b) Calculate the following ratios:- (4mks)(i) Rate of return on capital(ii) Margin
(iii) Quick ratio(iv) Rate of stock return over |
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