Get premium membership and access questions with answers, video lessons as well as revision papers.
(i) Can motivate one to work towards set goals.
(ii) Assists in proper allocation of resources.
(iii) Source of finance.
(iv) Helps one to avoid mistakes.
(v) Enables one identify strengths and weaknesses.
maurice.mutuku answered the question on August 12, 2017 at 12:47
- What are the benefits of after sale services to customers?(Solved)
List the benefits of after sale services to customers.
Date posted: August 12, 2017. Answers (1)
- What factors constitute a healthy external environment of a business?(Solved)
List factors that constitute a healthy external environment of a business.
Date posted: August 12, 2017. Answers (1)
- What benefits accrue to an economy from public finance?(Solved)
Discuss the benefits that accrue to an economy from public finance.
Date posted: August 12, 2017. Answers (1)
- What documents are used in international trade?(Solved)
List the documents that are used in international trade.
Date posted: August 12, 2017. Answers (1)
- What features differentiate a co-operative society from a partnership form of business?(Solved)
List features that differentiate a co-operative society from a partnership form of business.
Date posted: August 12, 2017. Answers (1)
- What benefits could be enjoyed by a person who decided to take out an endowment policy?(Solved)
List benefits that could be enjoyed by a person who decided to take out an endowment policy.
Date posted: August 12, 2017. Answers (1)
- In what ways does Kenya benefit from its natural resources endowment?(Solved)
List ways in which Kenya benefits from its natural resources endowment.
Date posted: August 12, 2017. Answers (1)
- What are the advantages of using credit cards as a means of payments?(Solved)
List the advantages of using credit cards as a means of payments.
Date posted: August 12, 2017. Answers (1)
- What factors may limit the use of modern technology in business?(Solved)
List factors that may limit the use of modern technology in business.
Date posted: August 12, 2017. Answers (1)
- What factors may lead to demand pull inflation?(Solved)
Mention factors that are likely to lead to demand pull inflation.
Date posted: August 12, 2017. Answers (1)
- What methods do the banks use in transferring funds?(Solved)
List methods that banks use in transferring funds.
Date posted: August 12, 2017. Answers (1)
- What factors may lead to business mergers?(Solved)
List factors that may lead to business mergers.
Date posted: August 12, 2017. Answers (1)
- What are the limitations of using billboards as a method of advertising products?(Solved)
List the limitations of using billboards as a method of adverting products.
Date posted: August 12, 2017. Answers (1)
- What are the current trends in banking?(Solved)
Highlight the current trends in banking.
Date posted: August 11, 2017. Answers (1)
- What are the possible problems encountered in the implementation of the undeveloped plans in developing countries?(Solved)
List the possible problems that are encountered in the implementation of the undeveloped plans in developing countries.
Date posted: August 11, 2017. Answers (1)
- What measures should a firm take to improve the performance of its labour force?(Solved)
List measures that a firm should take to improve the performance of its labour force.
Date posted: August 11, 2017. Answers (1)
- What problems may consumers encounter as they try to satisfy their wants?(Solved)
List the problems that consumers encounter as they try to satisfy their wants.
Date posted: August 11, 2017. Answers (1)
- What benefits accrue to a community that engages in commercial production?(Solved)
Outline the benefits that accrue to a community that engages in commercial production.
Date posted: August 11, 2017. Answers (1)
- What are the roles of International Monetary Fund(IMF) in economic development?(Solved)
Explain the roles of International Monetary Fund(IMF) in economic development.
Date posted: August 11, 2017. Answers (1)
- What principles should be considered when designing a good tax system?(Solved)
List the principles that should be considered when designing a good tax system.
Date posted: August 11, 2017. Answers (1)