? When a business venture requires investment of large sums of money which
individual entrepreneurs may not provide.
? When the goods or services to be provided are essential to the welfare of the
citizens.
? When there is need to protect citizens from exploitation by private entrepreneurs.
? When the government desires to create employment for the citizens.
? When the government needs to generate income through revenue collection.
? When there is need to safeguard national security.
? When the venture is strategic but provides low profits hence unattractive to
private investors.
? Where there are monopolies in the economy, the government gets involved in
business to increase competition.
? Where there is need to balance regional development.
? To reduce foreign dominance in the economy.
? Where there is need to attract foreign investment.
gregorymasila answered the question on January 26, 2018 at 06:39
- Outline six ways of reducing the level of unemployment in Kenya(Solved)
Outline six ways of reducing the level of unemployment in Kenya.
Date posted: January 26, 2018. Answers (1)
- State four effects of a shift of the demand curve to the right.(Solved)
State four effects of a shift of the demand curve to the right.
Date posted: January 26, 2018. Answers (1)
- Outline one circumstance under which each of the following telecommunication services may be used: (i) Paging(ii) Facsimile (fax) (iii) Radio call.(iv) Telex.(Solved)
Outline one circumstance under which each of the following
telecommunication services may be used:
(i) Paging
(ii) Facsimile (fax)
(iii) Radio call.
(iv) Telex.
Date posted: January 26, 2018. Answers (1)
- Highlight benefits of a business plan to an entrepreneur.(Solved)
Highlight benefits of a business plan to an entrepreneur.
Date posted: January 26, 2018. Answers (1)
- State external factors that may negatively influence the
operations of a business.(Solved)
State external factors that may negatively influence the
operations of a business.
Date posted: January 26, 2018. Answers (1)
- Differentiate between structured and unstructured decisions and give examples of each(Solved)
Differentiate between structured and unstructured decisions and give examples of each.
Date posted: January 25, 2018. Answers (1)
- (a) Give the meaning of the following terms as used in livestock breeds. (1½ mks)
(i) Steer
(ii) Capon
(iii) Kindling
(b) Name the exotic(Solved)
(a) Give the meaning of the following terms as used in livestock breeds. (1½ mks)
(i) Steer
(ii) Capon
(iii) Kindling
(b) Name the exotic beef breed of cattle with the following characteristics;
* White / cream in colour
* Heavily built
* Originated from France (½ mk)
Date posted: January 23, 2018. Answers (1)
- State the disadvantages of localisation of a firm?(Solved)
State the disadvantages of localisation of a firm?
Date posted: January 23, 2018. Answers (1)
- Define the term money(Solved)
Define the term money
Date posted: January 19, 2018. Answers (1)
- Define economic integration as used in international trade.(Solved)
Define economic integration as used in international trade.
Date posted: January 19, 2018. Answers (1)
- State five factors to consider before localization of a firm(Solved)
These are factors that must be considered when locating a firm,they affect the farm either positively or negatively.
Date posted: January 16, 2018. Answers (1)
- Differentiate between a Business Policy and a Business Plan(Solved)
Differentiate between a Business Policy and a Business Plan
Date posted: January 12, 2018. Answers (1)
- 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)