Get premium membership and access questions with answers, video lessons as well as revision papers.
(i) They are felt needs.
(ii) They cannot be postponed.
(iii) The consumer has limited resources.
(iv) They are essential for survival.
maurice.mutuku answered the question on July 7, 2017 at 05:34
- What are the advantages of after sales services as a method of sales promotion to a customer?(Solved)
Give the advantages of after sales services as a method of sales promotion to a customer.
Date posted: July 7, 2017. Answers (1)
- What are the features constituting a market?(Solved)
Give features that constitute a market.
Date posted: July 6, 2017. Answers (1)
- What are the forms of economic integration?(Solved)
Explain forms of economic integration.
Date posted: July 6, 2017. Answers (1)
- Why would a manufacturer sell directly to consumers?(Solved)
Give reasons why a manufacturer may sell directly to consumers.
Date posted: July 6, 2017. Answers (1)
- What benefits may Kenya achieve by adopting 2030 Millennium Development Goals(MDGs)?(Solved)
Explain the benefits that Kenya may achieve by adopting 2030 Millennium Development Goals(MDGs).
Date posted: July 6, 2017. Answers (1)
- What benefits would accrue to a country as a result of delocalization?(Solved)
Give the benefits that would accrue to a country as a result of delocalization.
Date posted: July 6, 2017. Answers (1)
- What problems may a country encounter when measuring national income using the output approach?(Solved)
Discuss the problems that a country may encounter when measuring national income using the output approach.
Date posted: July 6, 2017. Answers (1)
- What are the types of unemployment?(Solved)
Give the types of unemployment.
Date posted: July 6, 2017. Answers (1)
- What factors may the Mombasa county government consider before spending county Funds? (Solved)
Explain factors that the Mombasa county government may consider before spending county Funds.
Date posted: July 6, 2017. Answers (1)
- What are the differences between a private limited company and partnership forms of Business units?(Solved)
Describe the differences between a private limited company and a partnership forms of Business units.
Date posted: July 6, 2017. Answers (1)
- What are the benefits of direct production?(Solved)
Explain the benefits of direct production.
Date posted: July 6, 2017. Answers (1)
- Why does the Kenyan government impose tax?(Solved)
List reasons why the Kenyan government imposes tax.
Date posted: July 5, 2017. Answers (1)
- What are the merits of current account to the account holder?(Solved)
Give the merits of current account to the account holder.
Date posted: July 5, 2017. Answers (1)
- What is a current asset?(Solved)
Define current asset.
Date posted: July 5, 2017. Answers (1)
- A resource is something that is used by a business to achieve an objective.
What are the resources available in a business?(Solved)
Highlight resources that are available in a business.
Date posted: July 5, 2017. Answers (1)
- What is a long term liability?(Solved)
Define "long term liability" and give an example.
Date posted: July 5, 2017. Answers (1)
- Why do many governments discourage localization of firms?(Solved)
Give reasons why many governments discourage localization of firms.
Date posted: July 5, 2017. Answers (1)
- What is personal selling?(Solved)
Define personal selling.
Date posted: July 5, 2017. Answers (1)
- What is Publicity?(Solved)
Define publicity.
Date posted: July 5, 2017. Answers (1)
- What is advertising?(Solved)
Define advertising.
Date posted: July 5, 2017. Answers (1)