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-Uniformity of the premises, external shop front, internal layout, etc
-Control is vested in the central organisation
-Buying if centralised and selling is decentralized through several branches.
-Deal only in a particular set of goods
-Sales are strictly cash
-Selling prices are fixed by the central organisation.
sharon kalunda answered the question on February 28, 2019 at 13:48
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Give any four benefits that a farmer would reap from being a member of a producer cooperative.
Date posted: February 28, 2019. Answers (1)
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of the decentralization policy.
(Solved)
Highlight any four problems or challenges that businesses would face due to adoption
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Date posted: February 28, 2019. Answers (1)
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Mention any four methods used for sending money through the post office.
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Name the factor of production that each of the following resources relate to.
Resource----------Factor of production
a)Teacher
b)Computer
c)Water
d)Sole proprietor
e)Forest
Date posted: February 28, 2019. Answers (1)
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a)Free goods and economic goods
b)Consumer goods and producer goods
c)Business wealth and personal wealth
(Solved)
Distinguish the following terms:
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b)Consumer goods and producer goods
c)Business wealth and personal wealth
Date posted: February 28, 2019. Answers (1)
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Specialization is the separation of jobs, activities and processes so that every individual concentrates on what they can do best. Name and explain four major such divisions.
Date posted: February 28, 2019. Answers (1)
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(i) Registered capital.
(ii) Called - up capital.
(iii) Issued capital.
(iv) Paid - up...(Solved)
Briefly explain the following terms as used in Capital structure of a company.
(i) Registered capital.
(ii) Called - up capital.
(iii) Issued capital.
(iv) Paid - up capital.
Date posted: February 28, 2019. Answers (1)
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Discuss the factors that influence the choice of a filing system in an organization
Date posted: February 28, 2019. Answers (1)
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are also send through mail. This business is however...(Solved)
Mail order business is whereby customers place their orders through mail and goods
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Date posted: February 28, 2019. Answers (1)
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(Solved)
A business enterprise should keep a budget other than the other statements it
keeps.Discuss reasons why this activity is important.
Date posted: February 28, 2019. Answers (1)
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However “ Modern - day trade may compare...(Solved)
Money evolved through several stages to get to the currency notes and coins we have today.
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Date posted: February 28, 2019. Answers (1)
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Date posted: February 28, 2019. Answers (1)
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Discuss five differences between a bank statement and a bank pass book.
Date posted: February 28, 2019. Answers (1)
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Marketing boards are producer organizations set up to encourage and control the selling of agricultural products. Discuss five functions of these organizations.
Date posted: February 28, 2019. Answers (1)
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Name four file covers used in an office.
Date posted: February 28, 2019. Answers (1)
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Capital as at 31...(Solved)
The following balances relates to a business for the year ended 31 Dec 1990.
Capital as at 31 December 1990 170,000
Drawings for the year 5,000
Net profit for the year 5,000
Extra capital introduced 52,000
Purchases 20,000
i) Determine the amount of capital as at 1 Jan. 1990
ii)Net profit ratio.
Date posted: February 28, 2019. Answers (1)
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International trade improves the economic welfare of a country. The recent opening of the East African
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Date posted: February 28, 2019. Answers (1)
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Mention four of the contents in articles of association.
Date posted: February 28, 2019. Answers (1)
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Give four reasons why people prefer using a cheque to cash when effecting payment.
Date posted: February 28, 2019. Answers (1)