-Inability to have proper records.
-Difficulty in accessing loans/credit facilities/limited capital
-Family may depend on business for personal needs/drawings
-Low profit margins.
-Credit sales may lead to bad debts
-High running costs
-Stiff competition
-Limited capital
-Limited market
-Inappropriate technology
gideon1 answered the question on October 14, 2017 at 09:50
- Outline four characteristics of goods.(Solved)
Outline four characteristics of goods.
Date posted: October 14, 2017. Answers (1)
- Give four reasons why a farmer would prefer to transport a herd of cattle by rail rather than by road.(Solved)
Give four reasons why a farmer would prefer to transport a herd of cattle by rail rather than by road.
Date posted: October 14, 2017. Answers (1)
- Outline four various policies available under marine insurance.(Solved)
Outline four various policies available under marine insurance.
Date posted: October 14, 2017. Answers (1)
- Highlight four challenges associated with high population growth rate in a developing country like
Kenya.(Solved)
Highlight four challenges associated with high population growth rate in a developing country like
Kenya.
Date posted: October 14, 2017. Answers (1)
- KHAKULA, a businessman wants to buy a computer for his office. State four reasons why he may
prefer to acquire it through hire-purchase other trade credit.(Solved)
KHAKULA, a businessman wants to buy a computer for his office. State four reasons why he may
prefer to acquire it through hire-purchase other trade credit.
Date posted: October 14, 2017. Answers (1)
- Explain any internal economies of scale that may be experienced by a firm.(Solved)
Explain any internal economies of scale that may be experienced by a firm.
Date posted: October 14, 2017. Answers (1)
- Highlight four social responsibilities of a business to its customers.(Solved)
Highlight four social responsibilities of a business to its customers.
Date posted: October 14, 2017. Answers (1)
- Outline four problems encountered in calculating National income using income approach.(Solved)
Outline four problems encountered in calculating National income using income approach.
Date posted: October 14, 2017. Answers (1)
- Outline four forms of Personal Selling(Solved)
Outline four forms of Personal Selling
Date posted: October 14, 2017. Answers (1)
- Outline four challenges that a new entrepreneur will experience when establishing business in
Kenya.(Solved)
Outline four challenges that a new entrepreneur will experience when establishing business in
Kenya.
Date posted: October 14, 2017. Answers (1)
- Highlight four factors to be considered by an individual when holding money for precautionary
motive.(Solved)
Highlight four factors to be considered by an individual when holding money for precautionary
motive.
Date posted: October 14, 2017. Answers (1)
- Highlight five principles of cooperation(Solved)
Highlight five principles of cooperation
Date posted: October 13, 2017. Answers (1)
- Highlight three disadvantages of globalization to a business enterprise(Solved)
Highlight three disadvantages of globalization to a business enterprise
Date posted: October 13, 2017. Answers (1)
- Outline four circumstances under which cash may be used in a business(Solved)
Outline four circumstances under which cash may be used in a business
Date posted: October 13, 2017. Answers (1)
- State five types of information that a manager may communicate to the juniors.(Solved)
State five types of information that a manager may communicate to the juniors.
Date posted: October 12, 2017. Answers (1)
- Highlight four activities that may be carried out in a stock exchange market.(Solved)
Highlight four activities that may be carried out in a stock exchange market.
Date posted: October 12, 2017. Answers (1)
- State the disadvantages of controlled market.(Solved)
State the disadvantages of controlled market.
Date posted: October 12, 2017. Answers (1)
- Highlight the advantages of controlled market.(Solved)
Highlight the advantages of controlled market.
Date posted: October 12, 2017. Answers (1)
- State the disadvantages of free -market systems.(Solved)
State the disadvantages of free-market systems.
Date posted: October 12, 2017. Answers (1)
- Outline the advantages of free -market systems.(Solved)
Outline the advantages of free market systems.
Date posted: October 12, 2017. Answers (1)