-There is stiff competition among sellers of similar products e.g mobile phone services provider.
-Modern technology e.g internet has revolutionized the method of product promotion.
-Consumer awareness has increased and product promotion has become more accurate, truthful &
ethical.
-Many businesses are seeking publicity in the media e.g T.V and newspapers.
-Exhibitions and trade fairs have widely been used as methods of product promotion.
-More emphasis has been put on use of posters, billboards, brochures, travelling salesmen because
of increased literacy.
-There has been increased use of electronic media e.g radios and television in advertising.
gideon1 answered the question on November 2, 2017 at 06:14
- Explain five sources of finance available to Kenya government.(Solved)
Explain five sources of finance available to Kenya government.
Date posted: November 2, 2017. Answers (1)
- Explain four statutory measures the government would take to control the impact of inflation.
(b). Using a well labeled diagram, explain the effects of fixing price...(Solved)
Explain four statutory measures the government would take to control the impact of inflation.
(b). Using a well labeled diagram, explain the effects of fixing price above and below the
equilibrium price.
Date posted: November 2, 2017. Answers (1)
- Explain four services offered by wholesalers to producers.(Solved)
Explain four services offered by wholesalers to producers.
Date posted: November 2, 2017. Answers (1)
- Explain five benefits that may accrue to a consumer who buys goods from a hypermarket(Solved)
Explain five benefits that may accrue to a consumer who buys goods from a hypermarket
Date posted: November 2, 2017. Answers (1)
- Explain five ways in which raw material may influence location of a business enterprise.(Solved)
Explain five ways in which raw material may influence location of a business enterprise.
Date posted: November 2, 2017. Answers (1)
- Explain five functions of micro finance institutions in promoting economic activities in a country(Solved)
Explain five functions of micro finance institutions in promoting economic activities in a country
Date posted: November 2, 2017. Answers (1)
- Discuss five measures that may be taken to solve unemployment in a country.(Solved)
Discuss five measures that may be taken to solve unemployment in a country.
Date posted: November 2, 2017. Answers (1)
- Explain five disadvantages of specialization and division of labour to an organization.(Solved)
Explain five disadvantages of specialization and division of labour to an organization.
Date posted: November 2, 2017. Answers (1)
- Discuss six ways in which a well developed transport system may be important to Kenya.(Solved)
Discuss six ways in which a well developed transport system may be important to Kenya.
Date posted: November 2, 2017. Answers (1)
- The East African countries are working towards integration of their economies. Explain four
stages they would go through to attain full integration.(Solved)
The East African countries are working towards integration of their economies. Explain four
stages they would go through to attain full integration.
Date posted: November 2, 2017. Answers (1)
- Describe six types of partners that can be found in a partnership form of business.(Solved)
Describe six types of partners that can be found in a partnership form of business.
Date posted: November 2, 2017. Answers (1)
- Explain five functions performed by intermediaries in the chain of distribution.(Solved)
Explain five functions performed by intermediaries in the chain of distribution.
Date posted: November 2, 2017. Answers (1)
- Outline four characteristics of an optimum population.(Solved)
Outline four characteristics of an optimum population.
Date posted: November 2, 2017. Answers (1)
- Give the meaning of the following terms as used in insurance (a) Surrender value (b) Proposer (c) Re–insurance (d) Binder(Solved)
Give the meaning of the following terms as used in insurance.
a) Surrender value
b) Proposer
c) Re –insurance
d) Binder
Date posted: November 2, 2017. Answers (1)
- Outline four ways by which business resources may cause business success.(Solved)
Outline four ways by which business resources may cause business success.
Date posted: November 2, 2017. Answers (1)
- State four ways of protecting an organization’s properties.(Solved)
State four ways of protecting an organization’s properties.
Date posted: November 2, 2017. Answers (1)
- Outline four advantages of barter trade to the society.(Solved)
Outline four advantages of barter trade to the society.
Date posted: November 2, 2017. Answers (1)
- Indicate the subsidiary ledger in which each of the following should be recorded.
Account . Subsidiary Ledger.
a) Return inwards
b) Discount Received
c) Drawings
d) Bank(Solved)
Indicate the subsidiary ledger in which each of the following should be recorded.
Account . Subsidiary Ledger.
a) Return inwards
b) Discount Received
c) Drawings
d) Bank
Date posted: November 2, 2017. Answers (1)
- Highlight four ways that can be used by the government to regulate business activities.(Solved)
Highlight four ways that can be used by the government to regulate business activities.
Date posted: November 2, 2017. Answers (1)
- State four essential features of any market.(Solved)
State four essential features of any market.
Date posted: November 2, 2017. Answers (1)