A business policy is a study of the roles and responsibilities which a top level officer in an organization should take, the specific issues affecting the growth of the organization and the decisions which are thought to be affecting th organization in its operation.
A business plan is a written document which describes the future of a business. It includes; the products and services, nature of the business, the financial background of the business and the expected profit after some time.
MUNYAO DAVID answered the question on January 19, 2018 at 11:59
- Who is a Quasi Partner/shareholder in the Partnership Kind of Business? What are the characteristics of a Quasi Partner? (Solved)
Who is a Quasi Partner/shareholder in the Partnership Kind of Business? What are the characteristics of a Quasi Partner?
Date posted: January 10, 2018. Answers (1)
- What are the procedures for formulating a successful Business Plan(Solved)
What are the procedures for formulating a successful Business Plan
Date posted: January 10, 2018. Answers (1)
- Elaborate on the factors to consider when planning a new tourist destination(Solved)
Elaborate on the factors to consider when planning a new tourist destination
Date posted: January 9, 2018. Answers (1)
- Highlight five methods that can be used to determine the size of the firm (Solved)
Highlight five methods that can be used to determine the size of the firm
Date posted: January 6, 2018. Answers (1)
- 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)