Values are standards of behaving. They emanate from one’s beliefs, standards or expectations. They are important because they act as the compass of that gives one’s life meaning and direction. They can also be understood as qualities that are considered Read More …
Author: KNEC notes and Past Papers
Benefits of Life Skills Education
1. Health benefits Life skills education addresses the combination of psychological and social factors that contribute to healthy behavior The implementation of life skills education in schools addresses the needs of all children The promotion of personal and social skills Read More …
Categories of Life Skills
There are 3 Categories of life skills: 1. Skills of knowing and living with oneself. Self awareness skills – the ability to know oneself e.g. ones abilities, emotions, strength and weaknesses. Self esteem and confidence building skills – the way Read More …
Ways in Which the Government Regulates and Participates In Commercial Activities
Through regulation – this is mainly through licensing of businesses.the government licenses businesses for reasons such as; Ensuring traders engage in business activities for which they have licenses. Controlling of illegal business in the country. Ensuring those who engage in Read More …
Reasons for Government Involvement and Participation in Commerce
To correct for market failure (this mainly arises where the buyers and sellers lack information and don’t understand the prevailing market conditions). i.e. to close the information gap. To achieve a more equitable distribution of wealth and income. To improve Read More …
Role of Government in Commerce
The government is the body of persons who rule the country. The main functions of the government are: Protective function –Maintaining peace and security in the country and protect the country against external aggression. Social function–Provides social services are vital Read More …
Similarities and Differences between Jobbers and Brokers
SIMILARITIES BETWEEN JOBBERS AND BROKERS Both operate in the securities market Both do not hold shares for investment purposes. Activities of both are regulated by the rules of the securities market. DIFFERENCES BETWEEN BROKERS AND JOBBERS Brokers deals with general Read More …
Terms Used/Players in the Nairobi Securities Exchange
Brokers – this is a dealer at market who buys and sells securities on the behalf of the public investors.he is authorized by C.M.A to deal with quoted securities only and gets a commission for kind of work done. doesn’t Read More …
Quotations in the Securities Exchange
Quotation is consent by the stock exchange for companies’ securities to be dealt with in the securities market i.e. to be bought and sold in the securities market. Advantages of Quotations A quoted company is able to raise finances quickly Read More …
Functions of Nairobi Securities Exchange
To check against inflation and currency depreciation. To facilitate equity financing. To improve corporate governance. To redistribute wealth. To create investment opportunities for small investors. A barometer for economic performance-i.e. how is economy performing or doing by closely monitoring the Read More …