Get premium membership and access questions with answers, video lessons as well as revision papers.
- The number of employees – The higher the number of employees, the larger the firm
- Volume of output – A firm with a high output may be considered to be large
- Floor area covered by premises – A firm with large floor area covered is said to be large
- Capital invested – The larger the capital of the firm in terms of assets the larger the firm
- Production methods – Modern methods is associated with larger firm (and vice versa)
- Market served – A firm serving a large market/with many branches is considered large
- Sales volume – Larger sales signify a large firm
johnson mwenjera answered the question on January 6, 2018 at 19:50
- Discuss five ways of improving the efficiency of a warehouse. (Solved)
Discuss five ways of improving the efficiency of a warehouse.
Date posted: January 6, 2018. Answers (1)
- State and explain four services offered by wholesalers to retailers.(Solved)
State and explain four services offered by wholesalers to retailers.
Date posted: January 6, 2018. Answers (1)
- Explain negative effects of any five macro environmental factors on a business. (Solved)
Explain negative effects of any five macro environmental factors on a business.
Date posted: January 6, 2018. Answers (1)
- Explain five advantages accruing to a country that have joined an economic block. (Solved)
Explain five advantages accruing to a country that have joined an economic block.
Date posted: January 6, 2018. Answers (1)
- State the effect of each of the following transactions on the balance sheet by writing increase or decrease or no effect in each case.a)Bought machinery...(Solved)
State the effect of each of the following transactions on the balance sheet by writing increase or decrease or no effect in each case.
a)Bought machinery on credit
b)Withdrew cash from the business for personal use
c)Purchased stock in cash
d)Paid outstanding loan by cheque
Date posted: January 6, 2018. Answers (1)
- State four characteristics of a good entrepreneur.(Solved)
State four characteristics of a good entrepreneur.
Date posted: January 6, 2018. Answers (1)
- state four challenges that may be faced by a person who communicates using a mobile phone.(Solved)
state four challenges that may be faced by a person who communicates using a mobile phone.
Date posted: January 6, 2018. Answers (1)
- State four roles of stock exchange as a market for securities.(Solved)
State four roles of stock exchange as a market for securities.
Date posted: January 6, 2018. Answers (1)
- State four positive implication of large population in a country.(Solved)
State four positive implication of large population in a country.
Date posted: January 6, 2018. Answers (1)
- Give the meaning of the following abbreviations as used in business studies. (i) F.O.R (ii) O.N.O (iii) C.O.D (iv) C.I.F(Solved)
Give the meaning of the following abbreviations as used in business studies.
(i) F.O.R
(ii) O.N.O
(iii) C.O.D
(iv) C.I.F
Date posted: January 6, 2018. Answers (1)
- Give the meaning of the following abbreviations as used in business studies.(Solved)
Give the meaning of the following abbreviations as used in business studies.
(i) F.O.R
(ii) O.N.O
(iii) C.O.D
(iv) C.I.F
Date posted: January 6, 2018. Answers (1)
- Give four disadvantages of using the website in a business organization.(Solved)
Give four disadvantages of using the website in a business organization.
Date posted: January 6, 2018. Answers (1)
- Highlight four causes of a shift of demand curve to the left(Solved)
Highlight four causes of a shift of demand curve to the left.
Date posted: January 6, 2018. Answers (1)
- State four importance of development planning. (Solved)
State four importance of development planning.
Date posted: January 6, 2018. Answers (1)
- State four limitations of delocalization of firms.(Solved)
State four limitations of delocalization of firms.
Date posted: January 5, 2018. Answers (1)
- Highlight four disadvantages of multiple stores (Solved)
Highlight four disadvantages of multiple stores
Date posted: January 5, 2018. Answers (1)
- State four ways in which knowledge of business studies would benefit a secondary school leaver. (Solved)
State four ways in which knowledge of business studies would benefit a secondary school leaver.
Date posted: January 5, 2018. Answers (1)
- Explain four steps that Kenya can take to solve her employment problems(Solved)
Explain four steps that Kenya can take to solve her employment problems.
Date posted: January 3, 2018. Answers (1)
- Enumerate five distinguishing characteristics between land and capital as factors of production(Solved)
Enumerate five distinguishing characteristics between land and capital as factors of production.
Date posted: January 3, 2018. Answers (1)
- Explain four reasons why the government may find it necessary to impose tax.(Solved)
Explain four reasons why the government may find it necessary to impose tax.
Date posted: January 1, 2018. Answers (1)