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-If the country is enclosed with a lot of natural resources
-If it lacks sufficed production skills
-To venture in to manufacturing
-Where the natural resources (raw materials) set a high prices at the international market.
-Incase it has good trade relationship with partners
-If a strong indigenous culture exists favouring local extraction industries.
-Where climatic factor favour a certain product.
Kavungya answered the question on September 25, 2019 at 07:56
- Juma Munyacia sells all his goods at 25% above cost. His books gave the following information
as at 31st December 2004.
Stock 1st January 2004 ...(Solved)
Juma Munyacia sells all his goods at 25% above cost. His books gave the following information
as at 31st December 2004.
Stock 1st January 2004 98,720
Stock 31st December 2004 126,000
Sales for the year 600,000
Calculate the profit made by Munyalia
Date posted: September 25, 2019. Answers (1)
- State four benefits that people from your area may receive from business enterprise(Solved)
State four benefits that people from your area may receive from business enterprise
Date posted: September 25, 2019. Answers (1)
- Give four reasons for popularity of consumer parcel service.(Solved)
Give four reasons for popularity of consumer parcel service.
Date posted: September 25, 2019. Answers (1)
- Highlight four factors that determine the size of a firm.(Solved)
Highlight four factors that determine the size of a firm.
Date posted: September 25, 2019. Answers (1)
- Highlight four factors that may be considered by an insurance firm before determining Premiums to be charged for life assurance policy.(Solved)
Highlight four factors that may be considered by an insurance firm before determining Premiums to be charged for life assurance policy.
Date posted: September 25, 2019. Answers (1)
- The following correspondence has been received in the mail room, state the department to which each correspondence would be sent.(Solved)
The following correspondence has been received in the mail room, state the department to which each correspondence would be sent.
Date posted: September 25, 2019. Answers (1)
- Name the four ways through which consumers can be cheated in their dealings with traders.(Solved)
Name the four ways through which consumers can be cheated in their dealings with traders.
Date posted: September 25, 2019. Answers (1)
- Outline four differences between Savings account and Current account as provided by commercial banks.(Solved)
Outline four differences between Savings account and Current account as provided by commercial banks.
Date posted: September 25, 2019. Answers (1)
- The following information relates to Rokito traders for the year ended(Solved)
The following information relates to Rokito traders for the year ended 31st December 2011.
Fixed Assets 5,000,000
Current assets 650,000
Net Profit 300,000
Current Liabilities 650,000
Sales 2,000,000
Closing stock 100,000
Opening Stock 200,000
Gross Profit Margin was 20%
Calculate
(a)Current ratio
(b)Gross profit mark-up
(c)Rate of stock turnover
(d)Capital employed
Date posted: September 25, 2019. Answers (1)
- The document shown was issued by Jimcar traders to Mueni
Outline four circumstances under which the above document may be issued.(Solved)
The document shown was issued by Jimcar traders to Mueni
Outline four circumstances under which the above document may be issued.
Date posted: September 25, 2019. Answers (1)
- Write the following abbreviations in full.
(i)G.D.P
(ii)N.N.P
(iii)G.N.P
(iv)D.P.I(Solved)
Write the following abbreviations in full.
(i)G.D.P
(ii)N.N.P
(iii)G.N.P
(iv)D.P.I
Date posted: September 25, 2019. Answers (1)
- State the books of original entries in which the following documents are used.
(a)Incoming Invoice
(b)Incoming Receipt
(c)Outgoing Credit Note
(d)Outgoing Invoice(Solved)
State the books of original entries in which the following documents are used.
(a)Incoming Invoice
(b)Incoming Receipt
(c)Outgoing Credit Note
(d)Outgoing Invoice
Date posted: September 25, 2019. Answers (1)
- State the type of unemployment to which each of the following statements relate(Solved)
State the type of unemployment to which each of the following statements relate
Date posted: September 25, 2019. Answers (1)
- The diagram below shows a shift of the demand curve of a commodity Y from DoDo to D1D1.
Outline four factors that may have caused the...(Solved)
The diagram below shows a shift of the demand curve of a commodity Y from DoDo to D1D1.
Outline four factors that may have caused the shift in the demand curve.
Date posted: September 25, 2019. Answers (1)
- Classify the following factors of a business as either internal or external business environment.(Solved)
Classify the following factors of a business as either internal or external business environment.
Date posted: September 25, 2019. Answers (1)
- Define the following terms in relation to computer security:
a) Data Encryption
b) Firewall(Solved)
Define the following terms in relation to computer security:
a) Data Encryption
b) Firewall
Date posted: September 18, 2019. Answers (1)
- Outline four benefits received by a student who finished form four and had done business studies as a subject.(Solved)
Outline four benefits received by a student who finished form four and had done business studies as a subject.
Date posted: September 13, 2019. Answers (1)
- The following information relates to Kawira Traders on 31st January 2018:(Solved)
The following information relates to Kawira Traders on 31st January 2018:
Calculate:
(a) Closing stock.
(b) Rate of stock turnover for the year.
Date posted: September 13, 2019. Answers (1)
- Outline four expenditure items that are included in the measurement of national income under the expenditure approach.(Solved)
Outline four expenditure items that are included in the measurement of national income under the expenditure approach.
Date posted: September 13, 2019. Answers (1)
- Highlight four emerging issues in communication.(Solved)
Highlight four emerging issues in communication.
Date posted: September 13, 2019. Answers (1)