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- Specialization
- Production of surplus goods
- Better quality goods produced
- Exchange of goods leading to trade
-Encourages innovation and invention
Kavungya answered the question on April 3, 2019 at 07:53
- A worker has been working as a mechanic for two years. However, he thinks of changing to
another occupation. Give the reasons for his decision.(Solved)
A worker has been working as a mechanic for two years. However, he thinks of changing to
another occupation. Give the reasons for his decision.
Date posted: April 3, 2019. Answers (1)
- Identify the type of utility created in the following circumstances
Activity ...(Solved)
Identify the type of utility created in the following circumstances
Activity Utility
a) Carpentry
b) Selling bread to students
c) Warehousing of goods imported
d) Carriage of cargo to the market
Date posted: April 3, 2019. Answers (1)
- Explain the factors that have led to dominance of subsistence production despite development
in technology in Kenya.(Solved)
Explain the factors that have led to dominance of subsistence production despite development
in technology in Kenya.
Date posted: April 3, 2019. Answers (1)
- Write in full the following abbreviations:
i) Franco
ii) O.N.
iii) C.W.O
iv) I.O.U(Solved)
Write in full the following abbreviations:
i) Franco
ii) O.N.
iii) C.W.O
iv) I.O.U
Date posted: April 3, 2019. Answers (1)
- For each of the following production activities, indicate whether it is direct or indirect type of
production.
(Solved)
For each of the following production activities, indicate whether it is direct or indirect type of
production.
Date posted: April 3, 2019. Answers (1)
- Classify the following items into either basic wants or secondary wants
ITEM ...(Solved)
Classify the following items into either basic wants or secondary wants
ITEM WANT
(a) Furniture
(b) Medical care
(c) Sausages
(d) shelter
Date posted: April 3, 2019. Answers (1)
- Outline four benefits that accrue to a company by using a prize winning competition to promote
its products(Solved)
Outline four benefits that accrue to a company by using a prize winning competition to promote
its products
Date posted: April 3, 2019. Answers (1)
- Indicate whether the following resources are renewable or non-renewable
Resource Classification
1. Limestone
2. Natural rubber
3. Solar...(Solved)
Indicate whether the following resources are renewable or non-renewable
Resource Classification
1. Limestone
2. Natural rubber
3. Solar energy
4. Biogas
5. Rivers
6. Wildlife
7. Soda ash
8. Forest
Date posted: April 3, 2019. Answers (1)
- Identify four sources of energy available in Kenya(Solved)
Identify four sources of energy available in Kenya
Date posted: April 3, 2019. Answers (1)
- State four factors that may limit an individual ability to satisfy his basic wants.(Solved)
State four factors that may limit an individual ability to satisfy his basic wants.
Date posted: April 3, 2019. Answers (1)
- The table below contains various categories of members of the society. In the spaces provided
indicate the activity of social responsibility that a firm should undertake...(Solved)
The table below contains various categories of members of the society. In the spaces provided
indicate the activity of social responsibility that a firm should undertake to each group
Date posted: April 3, 2019. Answers (1)
- 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)