- Enable trade to take place
- Bridges the gap between the producer and consumer through transport
- Informs consumers about good and services available i.e. where they can
be found, their prices.
Uses etc
- Provide storage facilities/ warehouse
- Provides safe places for keeping money, opportunity for borrowing
banking
- Protects trade against risk though insurance
Githiari answered the question on September 13, 2017 at 03:41
- State four positive effects of inflation in an economy(Solved)
State four positive effects of inflation in an economy.
Date posted: September 8, 2017. Answers (1)
- Why are many hypermarkets mushrooming in Kisumu city?(Solved)
Give reasons why many hypermarkets are mushrooming in Kisumu city.
Date posted: August 17, 2017. Answers (1)
- In what ways have mobile phones contributed to business development in Kenya?(Solved)
List ways in which mobile phones have contributed to business development in Kenya.
Date posted: August 17, 2017. Answers (1)
- What are the limitations of consumer initiated methods of protection?(Solved)
Discuss the limitations of consumer initiated methods of protection.
Date posted: August 17, 2017. Answers (1)
- What are the common things found in a complete economic integration?(Solved)
List the common things found in a complete economic integration.
Date posted: August 17, 2017. Answers (1)
- What are the characteristics of parastatals?(Solved)
List the characteristics of parastatals.
Date posted: August 17, 2017. Answers (1)
- What contributes to low taxable capacity in developing countries?(Solved)
Give reasons which contribute to low taxable capacity in developing countries.
Date posted: August 17, 2017. Answers (1)
- What are the characteristics of insurable risk?(Solved)
Highlight the characteristics of insurable risks.
Date posted: August 17, 2017. Answers (1)
- What are the principles of government expenditure?(Solved)
List the principles of government expenditure.
Date posted: August 17, 2017. Answers (1)
- What is the difference between shares and debentures as sources of finance?(Solved)
List the difference between shares and debentures as sources of finance.
Date posted: August 16, 2017. Answers (1)
- What benefits would accrue to a businessman who uses a Liner rather than Tramps Steamers?(Solved)
Highlight benefits that would accrue to a businessman who uses a Liner rather than Tramps Steamers.
Date posted: August 16, 2017. Answers (1)
- What are the benefits of a youthful population in a country?(Solved)
List the benefits of a youthful population in a country.
Date posted: August 16, 2017. Answers (1)
- Why is it important for a business to keep financial records?(Solved)
Give reasons why it is important for a business to keep financial records.
Date posted: August 16, 2017. Answers (1)
- What problems may consumers encounter as they try to satisfy their wants?(Solved)
Highlight problems that consumers may encounter as they satisfy their wants.
Date posted: August 16, 2017. Answers (1)
- Under what circumstances may an insurance contract be terminated?(Solved)
Highlight circumstances under which an insurance contract may be terminated.
Date posted: August 16, 2017. Answers (1)
- What factors may have contributed to the slow pace in the achievement of the East Africa community?(Solved)
Give factors that may have contributed to the slow pace in the achievement of the East Africa community.
Date posted: August 16, 2017. Answers (1)
- What factors may a company consider before choosing a distribution channel?(Solved)
List factors that a company may consider before choosing a distribution channel.
Date posted: August 16, 2017. Answers (1)
- In what ways may a business owner ensure a conducive environment for his business?(Solved)
Give ways in which a business owner may ensure a conducive environment for his business.
Date posted: August 16, 2017. Answers (1)
- What are the diseconomies of scale that a firm may get?(Solved)
List the diseconomies of scale that a firm may get.
Date posted: August 16, 2017. Answers (1)
- What changes have taken place in the transport sector in Kenya?(Solved)
Highlight changes that have taken place in the transport sector in Kenya.
Date posted: August 16, 2017. Answers (1)