Get premium membership and access questions with answers, video lessons as well as revision papers.
(i) Favourable government policies and support that encourages entrepreneurs.
(ii) Availability of market due to high population.
(iii) Proper pricing of products which increases sales.
(iv) Appropriate products for the intended market.
(v) Political stability and security.
(vi) Availability of credit at cheap interest rates.
(vii) Proper planning in marking.
(viii) Fair competition in the market and fair inputs.
(ix) Efficient management of the business.
(x) Availability of skilled manpower which leads to efficiency.
(xi) Use of modern technology that simplifies the activities.
maurice.mutuku answered the question on August 11, 2017 at 06:18
- What are the most current methods of product promotion by businesses?(Solved)
Identify the most current methods of promotion by businesses.
Date posted: August 11, 2017. Answers (1)
- In what ways can an entrepreneur uphold business ethics?(Solved)
Give ways in which an entrepreneur can uphold business ethics.
Date posted: August 11, 2017. Answers (1)
- What are the mailing services offered by the Post Office?(Solved)
List the mailing services offered by the Post Office.
Date posted: August 11, 2017. Answers (1)
- Why would the Kenyan government consider privatizing Kenya Ports Authority?(Solved)
Give reasons why the Kenyan government would consider privatizing The Kenya Ports Authority.
Date posted: August 11, 2017. Answers (1)
- What are the challenges facing containerization as a means of transporting goods?(Solved)
List the challenges facing containerization as a means of transporting goods.
Date posted: August 10, 2017. Answers (1)
- In what ways may the process of creation of goods negatively impact on the health of the community?(Solved)
Explain ways in which the process of creation of goods may negatively impact on the health of the community.
Date posted: August 10, 2017. Answers (1)
- What roles does the insurance industry play in an economy?(Solved)
Give the roles that the insurance industry plays in an economy.
Date posted: August 10, 2017. Answers (1)
- What measures may the government use to curb undesirable levels of inflation?(Solved)
Discuss measures that the government may use to curb undesirable levels of inflation.
Date posted: August 10, 2017. Answers (1)
- What are the features of good money?(Solved)
List the features of good money.
Date posted: August 10, 2017. Answers (1)
- What are the causes of unemployment in Kenya today?(Solved)
List the causes of unemployment in Kenya today.
Date posted: August 10, 2017. Answers (1)
- What are the items contained in the partnership Act of 1963(Kenya)?(Solved)
List the items contained in the partnership Act of 1963(Kenya).
Date posted: August 10, 2017. Answers (1)
- What challenges are likely to face the implementation of vision 2030?(Solved)
Give the challenges that are likely to face the implementation of vision 2030.
Date posted: August 10, 2017. Answers (1)
- In what ways may inflation be of benefit to a trader and the growth of the economy?(Solved)
Give ways in which inflation may be of benefit to a trader and the growth of the economy.
Date posted: August 10, 2017. Answers (1)
- What are the macro-environment factors affecting operations of a business?(Solved)
List the macro-environment factors that affect operations of a business.
Date posted: August 10, 2017. Answers (1)
- What are the features of Co-operative societies?(Solved)
List the features of Co-operative societies.
Date posted: August 10, 2017. Answers (1)
- What are the trends in international trade?(Solved)
List the trends in international trade.
Date posted: August 10, 2017. Answers (1)
- What are the clauses of memorandum of association?(Solved)
List the clauses of memorandum of association.
Date posted: August 10, 2017. Answers (1)
- What are the different types of advertisement?(Solved)
Give the different types of advertisement.
Date posted: August 10, 2017. Answers (1)
- What is Voyage charter?(Solved)
Define "Voyage charter"
Date posted: August 10, 2017. Answers (1)
- What is "Full container load?"(Solved)
Define a "Full container load".
Date posted: August 10, 2017. Answers (1)