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It equips the students with the knowledge and skills to run a business
It promotes cooperation in society though trade
It enables one to appreciate the need for good business
It enables one to understand the role of government in business
Wincate 1 answered the question on September 29, 2017 at 14:55
- Define the following terms as used in business studies: (i) production (ii) distribution (iii) consumption (iv) business (Solved)
Define the following terms as used in business studies;
I) production
II) distribution
III) consumption
IV) business
Date posted: September 29, 2017. Answers (1)
- Highlight the positive implications of a youthful population to an economy.(Solved)
State ways in which a youthful population may be useful to an economy.
Date posted: September 29, 2017. Answers (1)
- Outline the factors in the internal environment that may influence operations of a matatu business.(Solved)
Outline the factors in the internal environment that may influence operations of a matatu business.
Date posted: September 29, 2017. Answers (1)
- State four characteristics of underdevelopment that are common among countries in Africa, Latin America and Asia(Solved)
State four characteristics of underdevelopment that are common among countries in Africa, Latin America and Asia
Date posted: September 29, 2017. Answers (1)
- State and discuss the types of inflation(Solved)
State and discuss the types of inflation.
Date posted: September 29, 2017. Answers (1)
- Outline the roles played by brokers in chain of distribution(Solved)
Outline the roles played by brokers in chain of distribution.
Date posted: September 29, 2017. Answers (1)
- Explain the meaning of the following terms: (a) insured (b) insurance (Solved)
Explain the meaning of the following terms;
a) insured
b) insurance
Date posted: September 29, 2017. Answers (1)
- Give the type of information that a manager may pass to the juniors.(Solved)
Give the types of information that a manager may pass to the juniors.
Date posted: September 29, 2017. Answers (1)
- State the features of a liner as a sea transport.(Solved)
State the features of a liner as a sea transport.
Date posted: September 29, 2017. Answers (1)
- State the activities that may be carried out in a stock exchange market.(Solved)
State the activities that may be carried out in a stock exchange market.
Date posted: September 29, 2017. Answers (1)
- Give two examples of occupations related to the following production activities. (a) Extraction (b) Construction (c) Direct services (Solved)
Give two examples of occupations related to the following production activities.
a) Extraction
b) Construction
c) Direct services
Date posted: September 29, 2017. Answers (1)
- Explain any five roles played by commercial banks to the business community.(Solved)
Explain any five roles played by commercial banks to the business community.
Date posted: September 28, 2017. Answers (1)
- Explain five problems experienced when computing national income using the expenditure
approach.(Solved)
Explain five problems experienced when computing national income using the expenditure
approach.
Date posted: September 28, 2017. Answers (1)
- Describe five services rendered by retailers to consumers.(Solved)
Describe five services rendered by retailers to consumers.
Date posted: September 28, 2017. Answers (1)
- Horizon is an importer of assorted goods from different countries. Explain five advantages he
may enjoy while his goods are
stored in a bonded warehouse.(Solved)
Horizon is an importer of assorted goods from different countries. Explain five advantages he
may enjoy while his goods are
stored in a bonded warehouse.
Date posted: September 28, 2017. Answers (1)
- State four reasons why John would prefer to obtain a loan from his Sacco but not from a
commercial bank.(Solved)
State four reasons why John would prefer to obtain a loan from his Sacco but not from a
commercial bank.
Date posted: September 28, 2017. Answers (1)
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Highlight four factors that may have led to the shift in the demand curve from D0D0 to D1D1(Solved)
Highlight four factors that may have led to the shift in the demand curve from D0D0 to D1D1
Date posted: September 28, 2017. Answers (1)
- State four reasons why an entrepreneur would prefer a landscape type of office.
(Solved)
State four reasons why an entrepreneur would prefer a landscape type of office.
Date posted: September 28, 2017. Answers (1)
- Highlight circumstances under which the following chains of distribution are used. (a) Manufacturer ? Consumer (b) Manufacturer ? Retailer ? Consumer (c) Producer ? Marketing Board ? Consumer (d)...(Solved)
Highlight circumstances under which the following chains of distribution are used.
a) Manufacturer ? Consumer
b) Manufacturer ? Retailer ? Consumer
c) Producer ? Marketing Board ? Consumer
d) Manufacturer ? Agent ? Consumer
Date posted: September 28, 2017. Answers (1)
- Outline four canons of taxation.(Solved)
Outline four canons of taxation.
Date posted: September 28, 2017. Answers (1)