Get premium membership and access questions with answers, video lessons as well as revision papers.
i) Provides a link between producers and consumers/reduces the
Number of transactions between producers and consumers/producers are linked to various
consumers/consumers are linked to various producers.
ii) Breaks bulk to allow consumers buy/get goods in convenient sizes/on behalf
of producers.
iii) Accumulates bulk from various (small-scale) producers/that is convenient to large-scale
consumers.
iv) Provides transport to producers/consumers.
v) Stores goods for producers/until required by consumers.
vi) Provides a variety of goods to consumers/from various producers/at one place.
vii) Provides finance to the producer by promptly paying the producer.
viii) Carries out product promotion on behalf of producers/by passing relevant information about
products to consumers.
ix) Assist in market research by passing information about the market to producers.
x) Take up risks in distribution of goods by Possessing/transporting/storing of goods/on behalf of
producers.
xi) Availing goods to consumers at convenient locations/by ensuring steady supply of goods to
consumers.
xii) Prepare goods for sale by sorting/grading/branding/accept any example of preparation for sale
as explanation.
monica20 answered the question on November 11, 2017 at 11:04
- Give sources of capital for partnership type of business(Solved)
Give the disadvantages of Sole Proprietorship type of business
Date posted: November 11, 2017. Answers (1)
- Give the disadvantages of Sole Proprietorship type of business(Solved)
Give the disadvantages of Sole Proprietorship type of business
Date posted: November 11, 2017. Answers (1)
- Explain four objectives of communication skills(Solved)
Explain four objectives of communication skills
Date posted: November 10, 2017. Answers (1)
- Outline functions of the world bank(Solved)
Outline functions of the world bank
Date posted: November 9, 2017. Answers (1)
- Imagine you have collected your form four national examinations results, you have passed very well. Write a thank you note to your class teacher(Solved)
Imagine you have collected your form four national examinations results, you have passed very well. Write a thank you note to your class teacher
Date posted: November 9, 2017. Answers (1)
- Explain five reasons why the insured may not be compensated despite suffering a loss (Solved)
Explain five reasons why the insured may not be compensated despite suffering a loss
Date posted: November 9, 2017. Answers (1)
- Highlights five benefits of sending letters and parcels by courier services(Solved)
Highlights five benefits of sending letters and parcels by courier services
Date posted: November 9, 2017. Answers (1)
- Explain five reasons why Kenya may restrict trade with other countries(Solved)
Explain five reasons why Kenya may restrict trade with other countries
Date posted: November 9, 2017. Answers (1)
- Explain six monetary policies that the government can use to curb inflation (Solved)
Explain six monetary policies that the government can use to curb inflation
Date posted: November 9, 2017. Answers (1)
- Outline four dangers of comparing living standards in different countries using national income statistics.(Solved)
Outline four dangers of comparing living standards in different countries using national income statistics.
Date posted: November 9, 2017. Answers (1)
- Outline four advantages of using e-mail in communication(Solved)
Outline four advantages of using e-mail in communication
Date posted: November 9, 2017. Answers (1)
- Give four factors that one should consider when choosing a means of transport(Solved)
Give four factors that one should consider when choosing a means of transport
Date posted: November 9, 2017. Answers (1)
- State four factors that determine the choice of human wants to be satisfied(Solved)
State four factors that determine the choice of human wants to be satisfied
Date posted: November 9, 2017. Answers (1)
- Explain the factors that influence land rents(Solved)
Explain the factors that influence land rents
Date posted: November 9, 2017. Answers (1)
- Third world countries are not developing because they are busy copy pasting countries ahead of them. What do you think should be done in third world...(Solved)
Third world countries are not developing because they are busy copy pasting countries ahead of them. What do you think should be done in third world countries for them to develop?
Date posted: November 9, 2017. Answers (1)
- Describe problems related to technologies in trade and industry(Solved)
Describe problems related to technologies in trade and industry
Date posted: November 6, 2017. Answers (1)
- As Kenya’s economy strives to do well, most Kenyans are bound to live beyond 70 years. Outline four negative effects of an ageing population...(Solved)
As Kenya’s economy strives to do well, most Kenyans are bound to live beyond 70 years. Outline four negative effects of an ageing population to Kenya’s economy.
Date posted: November 6, 2017. Answers (1)
- Outline four circumstances under which a bill of exchange may be preferred as means of payment.(Solved)
Outline four circumstances under which a bill of exchange may be preferred as means of payment.
Date posted: November 6, 2017. Answers (1)
- Outline four benefits of a self-service shop to a customer(Solved)
Outline four benefits of a self-service shop to a customer.
Date posted: November 6, 2017. Answers (1)
- Highlight four reasons why the Kenya government has decided to control the exploitation of her natural resources. (Solved)
Highlight four reasons why the Kenya government has decided to control the exploitation of her natural resources.
Date posted: November 6, 2017. Answers (1)