1. Suppliers - this refer to the firm or individuals who produce inputs needed by the company to produce its goods and services.
2. Customers - are organization or individuals who form a market for firm's product and services.
3. Competitors - refers to other firms in direct competition with the firm's customers.
4. Intermediaries - these are individuals or groups of people who bridge the gap between the firm and its customers.
5. Public - a public is any group that has actual or potential interest in a firm.
Jonmhumble answered the question on October 23, 2017 at 19:53
- Outline qualities of a business proprietor(Solved)
Outline qualities of a business proprietor.
Date posted: October 23, 2017. Answers (1)
- Explain five indicators of underdevelopment in Kenya(Solved)
Explain five indicators of underdevelopment in Kenya
Date posted: October 23, 2017. Answers (1)
- Describe five means of payment that a trader may use to settle business debts.(Solved)
Describe five means of payment that a trader may use to settle business debts.
Date posted: October 23, 2017. Answers (1)
- Outline five circumstances under which a firm will be located near the market for its products. (Solved)
Outline five circumstances under which a firm will be located near the market for its products.
Date posted: October 23, 2017. Answers (1)
- Explain Five circumstances under which a manufacturer would find it advisable to distribute his goods through wholesalers(Solved)
Explain Five circumstances under which a manufacturer would find it advisable to distribute his goods through wholesalers
Date posted: October 23, 2017. Answers (1)
- Highlight four features of general insurance.(Solved)
Highlight four features of general insurance.
Date posted: October 23, 2017. Answers (1)
- State four purposes of a three column cash book.(Solved)
State four purposes of a three column cash book.
Date posted: October 23, 2017. Answers (1)
- State features and characteristics of a departmental store.(Solved)
Highlight features and characteristics of a departmental store.
Date posted: October 23, 2017. Answers (1)
- State four objectives of export processing zones in Kenya(Solved)
State four objectives of export processing zones in Kenya
Date posted: October 23, 2017. Answers (1)
- Highlight four disadvantages of producer co-operative societies.(Solved)
Highlight four disadvantages of producer co-operative societies.
Date posted: October 23, 2017. Answers (1)
- Outline four monetary methods that the government can use to control inflation. (Solved)
Outline four monetary methods that the government can use to control inflation.
Date posted: October 23, 2017. Answers (1)
- Highlight four circumstances which may make personal selling appropriate as a way of product
Promotion(Solved)
Highlight four circumstances which may make personal selling appropriate as a way of product
Promotion
Date posted: October 23, 2017. Answers (1)
- Outline four demerits of using pipeline to transport petroleum products.(Solved)
Outline four demerits of using pipeline to transport petroleum products.
Date posted: October 23, 2017. Answers (1)
- State four components of a business plan. (Solved)
State four components of a business plan.
Date posted: October 23, 2017. Answers (1)
- State four merits of using indirect taxes to raise government revenue. (Solved)
State four merits of using indirect taxes to raise government revenue.
Date posted: October 23, 2017. Answers (1)
- State four limitations of using national income statistics to compare the standards of living in different
countries.(Solved)
State four limitations of using national income statistics to compare the standards of living in different
countries.
Date posted: October 23, 2017. Answers (1)
- Highlight four measures that the government would undertake to provide investors with an enabling business
environment.(Solved)
Highlight four measures that the government would undertake to provide investors with an enabling business
environment.
Date posted: October 23, 2017. Answers (1)
- Highlight four ways in which manufacturers can enhance consumer protection. (Solved)
Highlight four ways in which manufacturers can enhance consumer protection.
Date posted: October 23, 2017. Answers (1)
- Explain five demerits of direct taxation(Solved)
Explain five demerits of direct taxation
Date posted: October 23, 2017. Answers (1)
- Explain five benefits of an enclosed plan(Solved)
Explain five benefits of an enclosed plan
Date posted: October 23, 2017. Answers (1)