Get premium membership and access questions with answers, video lessons as well as revision papers.
a)Management Tool:
- Provides economic/financial projections.
- Enhances the monitoring and control of the business by following up the results obtained and analyzing management indicators.
- Introduces an analysis of the supply and demand.
- Reflects the commercial strategy and the marketing policy.
- Identifies the guidelines for the management of human resources.
- Analyzes the key factors of success and the risks of a business.
b)Planning Tool:
-The company assumes and takes responsibility for the definition of its objectives:
i)With results-oriented actions.
ii) Strict fulfillment of its economic commitments.
iii) Orients decision-making processes:
iv) Provides qualitative and quantitative information.
v) Planning conforms to a homogeneous pattern.
jim items answered the question on March 21, 2019 at 15:52
- Early millennium, there was widespread use of 'simu ya jamii' amongst Kenya. Explain 5 reasons that have led to their decrease in use today....(Solved)
Early millennium, there was widespread use of 'simu ya jamii' amongst Kenya. Explain 5 reasons that have led to their decrease in use today.
Date posted: March 21, 2019. Answers (1)
- Business operation is a process. Explain.(Solved)
Business operation is a process. Explain
Date posted: March 19, 2019. Answers (1)
- Discuss the role of government in business specifically in the manufacturing sector(Solved)
Discuss the role of government in business specifically in the manufacturing sector
Date posted: March 19, 2019. Answers (1)
- Discuss the challenges facing a family owned business in Kenya.(Solved)
Discuss the challenges facing a family owned business in Kenya.
Date posted: March 19, 2019. Answers (1)
- Highlight four indicators of a business opportunity(Solved)
Highlight four indicators of a business opportunity.
Date posted: March 17, 2019. Answers (1)
- Outline The Steps Involved In Strategic Marketing Process?(Solved)
Outline The Steps Involved In Strategic Marketing Process?
Date posted: March 16, 2019. Answers (1)
- State the role of creativity in a business.(Solved)
State the role of creativity in a business.
Date posted: March 16, 2019. Answers (1)
- Define Strategic Management.(Solved)
Define Strategic Management.
Date posted: March 15, 2019. Answers (1)
- Explain the difference between logistics and transport?(Solved)
Explain the difference between logistics and transport?
Date posted: March 15, 2019. Answers (1)
- State the activities performed at operational level in logistics?(Solved)
State the activities performed at operational level in logistics?
Date posted: March 15, 2019. Answers (1)
- State the content of A Bill Of Lading?
(Solved)
State the content of A Bill Of Lading?
Date posted: March 15, 2019. Answers (1)
- What is cross docking?(Solved)
What is cross docking?
Date posted: March 15, 2019. Answers (1)
- Explain Advance Shipping Notice (ASN)?(Solved)
Explain What Is Asn (Advance Shipping Notice)?
Date posted: March 15, 2019. Answers (1)
- A committee of 12 is to be selected from 10 men and 10 women. In how many ways can the
selection be done if
(i) there are...(Solved)
A committee of 12 is to be selected from 10 men and 10 women. In how many ways can the
selection be done if
(i) there are no restrictions?
(ii) there must be six men and six women?
(iii) there must be an even number of women?
Date posted: March 6, 2019. Answers (1)
- Account for the low bargaining power of trade unions in Kenya today.(Solved)
Account for the low bargaining power of trade unions in Kenya today.
Date posted: March 5, 2019. Answers (1)
- Discuss the main challenges/problems that face the small scale industry in Kenya today(Solved)
Discuss the main challenges/problems that face the small scale industry in Kenya today
Date posted: March 5, 2019. Answers (1)
- Other than commercial banks, mention any other four financial institutions that provide
financial services in Kenya.(Solved)
Other than commercial banks, mention any other four financial institutions that provide
financial services in Kenya
Date posted: March 5, 2019. Answers (1)
- Explain Why oral communication has lost popularity.(Solved)
Explain Why oral communication has lost popularity.
Date posted: March 5, 2019. Answers (1)
- Account for the popularity of supermarkets in Kenya today(Solved)
Account for the popularity of supermarkets in Kenya today
Date posted: March 5, 2019. Answers (1)
- Outline any four factors that have promoted the growth of commerce over the years(Solved)
Outline any four factors that have promoted the growth of commerce over the years
Date posted: March 5, 2019. Answers (1)