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a) Employees - Fair remuneration/pay
b) Customers - Fair pricing
c) Community - Equal opportunity for all
d) Owners - Fair Returns
Kavungya answered the question on April 3, 2019 at 07:01
- Mr. Mirugi has opened a retail outlet at Lukoye Trading centre. Advise him on four ways of
creating an enabling business environment for the prosperity of...(Solved)
Mr. Mirugi has opened a retail outlet at Lukoye Trading centre. Advise him on four ways of
creating an enabling business environment for the prosperity of his business
Date posted: April 3, 2019. Answers (1)
- Name the internal environments whose effects are described by the following statements:
(a) Allows duties to be allocated to the right people thus resulting
in higher productivity
(b)...(Solved)
Name the internal environments whose effects are described by the following statements:
(a) Allows duties to be allocated to the right people thus resulting
in higher productivity
(b) Helps the business achieve its objectives e.g. higher production
level of goods and services
(c) Makes employees to acquire norms and code of conduct that is
acceptable to all
Date posted: April 3, 2019. Answers (1)
- Identify the importance of the following types of environment to a business.
i) Intermediaries
ii) Technological
iii) Demographic
iv) Competitors(Solved)
Identify the importance of the following types of environment to a business.
i) Intermediaries
ii) Technological
iii) Demographic
iv) Competitors
Date posted: April 3, 2019. Answers (1)
- The following balances were extracted from the books of Dandora traders for the
year ended 31st Dec. 2009 after having prepared a trading account.
Required
(i) Prepare a...(Solved)
The following balances were extracted from the books of Dandora traders for the
year ended 31st Dec. 2009 after having prepared a trading account.
Required
(i) Prepare a profit and loss account for Dandora traders for the year ended
31st Dec. 2009.
(ii) Prepare a balance sheet as at 31st Dec. 2009.
Date posted: April 1, 2019. Answers (1)
- The following information relates to Mwelu Traders as at 31st January 2012.
...(Solved)
The following information relates to Mwelu Traders as at 31st January 2012.
Shs
Purchases 40,000
Stock 1/2/2011 15,000
Stock 31/1/2011 5,000
Mark –up 25%
Expenses 40 % gross profit
Calculate;
(i) Sales
(ii) Net profit
(iii) Rate of stock turn over
Date posted: April 1, 2019. Answers (1)
- A farmer wishes to transport his herd of cattle from Nanyuki to Athi River.
Explain five benefits that the trader would get by transporting the cattle...(Solved)
A farmer wishes to transport his herd of cattle from Nanyuki to Athi River.
Explain five benefits that the trader would get by transporting the cattle by train
Date posted: April 1, 2019. Answers (1)
- Highlight five benefits of effective communication to a firm.(Solved)
Highlight five benefits of effective communication to a firm.
Date posted: April 1, 2019. Answers (1)
- Kyeni Secondary School has expanded in the last three years from double stream to
four streams. The school principal is contemplating computerising office operations
to improve efficiency....(Solved)
Kyeni Secondary School has expanded in the last three years from double stream to
four streams. The school principal is contemplating computerising office operations
to improve efficiency. State five factors he should consider before implementing
the decision.
Date posted: April 1, 2019. Answers (1)
- The government through the Central Bank is charged with the responsibility of
maintaining a stable and sound monetary system. Explain five methods used by
Central Bank towards...(Solved)
The government through the Central Bank is charged with the responsibility of
maintaining a stable and sound monetary system. Explain five methods used by
Central Bank towards this end.
Date posted: April 1, 2019. Answers (1)
- Highlight four negative implications in the Kenya economy of the continued war in Somali(Solved)
Highlight four negative implications in the Kenya economy of the continued war in Somali
Date posted: April 1, 2019. Answers (1)
- Outline four reasons why a business is important.(Solved)
Outline four reasons why a business is important.
Date posted: April 1, 2019. Answers (1)
- Highlight four objectives of taxation other than raising revenue.(Solved)
Highlight four objectives of taxation other than raising revenue.
Date posted: April 1, 2019. Answers (1)
- Mutua had taken a policy with an insurance company. State the circumstances that can
make the insurer fail to compensate him after a loss.(Solved)
Mutua had taken a policy with an insurance company. State the circumstances that can
make the insurer fail to compensate him after a loss.
Date posted: April 1, 2019. Answers (1)
- Enter the following transactions in the relevant ledger accounts.
Jan 1, 2012 Balance b/d Bank sh. 3,000 (CR)
...(Solved)
Enter the following transactions in the relevant ledger accounts.
Jan 1, 2012 Balance b/d Bank sh. 3,000 (CR)
Cash sh. 2,000
Jan 2, 2012 Received Ksh 49,000 from Pete traders after deducting 2% cash discount.
Jan 5, 2012 Deposited sh. 20,000 from cash box to the bank account.
Jan 12.2012 Paid rent Ksh. 2,000 by cheque.
Jan 20,000 Paid Kalikali Ksh. 10,000 5% cash discount.
Date posted: April 1, 2019. Answers (1)
- Describe the procedure for preparing a balance sheet from the Trial Balance(Solved)
Describe the procedure for preparing a balance sheet from the Trial Balance
Date posted: April 1, 2019. Answers (1)
- State the type of unemployment described by each of the following statements. (4 marks )
(a) A person has absolutely nothing to do
(b) A worker does...(Solved)
State the type of unemployment described by each of the following statements. (4 marks )
(a) A person has absolutely nothing to do
(b) A worker does not have specific skills and loses the job when the contract between
him and the employer ends
(c ) The number of people employed exceeds those that are required.
(d)Caused by seasonal variations such that during peak period, there is high demand for labour
and during off peak period, the demand for labour goes down.
Date posted: April 1, 2019. Answers (1)
- On 1st April, 2012 Katunge received an invoice for Kshs. 30,000. Terms of payment were:
Trade discount 5% and cash discount 10%. If payment is made...(Solved)
On 1st April, 2012 Katunge received an invoice for Kshs. 30,000. Terms of payment were:
Trade discount 5% and cash discount 10%. If payment is made within 30 days.
Determine the amount paid if payment was made on 26th April 2012.
Date posted: April 1, 2019. Answers (1)
- Outline four demerits of modern communication technology.(Solved)
Outline four demerits of modern communication technology.
Date posted: April 1, 2019. Answers (1)
- Explain four external economies of scale that an industry may experience.(Solved)
Explain four external economies of scale that an industry may experience.
Date posted: April 1, 2019. Answers (1)
- Explain five reasons why a producer would prefer to use radio than newspapers to advertise
his products.(Solved)
Explain five reasons why a producer would prefer to use radio than newspapers to advertise
his products.
Date posted: April 1, 2019. Answers (1)