1. For each of the following production activities, indicate whether it is direct or indirect type of production Activity Type of production i) An individual washing his own clothes ii) An individual supplying beef in an area iii) An individual Read More …
Category: Business studies
Insurance Revision Questions and Answers
1. Kazi moto insured a motor vehicle against fire with MotoMoto company by paying Kshs.300.000. later the car was destroyed at a garage and a compensation of Kshs. 400,000 were paid. Using insurance terms, state what each of the following Read More …
Warehousing Revision Questions and Answers
1. State four functions of warehousing 2. Under what circumstances can the location of a warehouse be seen to be inappropriate 3. State four reasons why it is suitable to locate a bonded warehouse at the point of entry of Read More …
Transport Revision Questions and Answers
1. State four circumstances that make rail transport more desirable than road 2. Highlight four measures that the government can take to make road transport in our country to be more efficient 3. Marine transport is one of the important Read More …
Government and business Revision Questions and Answers
1. State four reasons why the government issues licenses to businesses 2. State any four limitation of consumer initiated methods in compating exploitation. 3. Highlight four services offered by the local authorities in Kenya 4. Outline four ways in which Read More …
Home trade Revision Questions and Answers
1. Write in full the following abbreviations: i) Franco ii) O.N. iii) C.W.O iv) I.O.U 2. Outline the difference between the following types of wholesalers: i) Rack jobbers and drop shippers ii) Specialized and generalized wholesalers. 3. State four circumstances Read More …
Managing a business Revision Questions and Answers
The manager of Kusimba stores has vowed to improve his yields by 50% through labour motivation. State five ways by which he can achieve this – Click here to view suggested Answers Outline four non-monetary incentives that an organization may Read More …
Circumstances under which limited liability companies may be liquidated
Bankrupt Ultra- vires Amalgamation Court order Decision by share holders Completion of intended purpose/ period
Differences between Public limited companies and Private limited companies
Public company Private company Membership Minimum of 7 and no maximum Minimum of 1 and maximum of 50 Prospectus Can issue a prospectus Cannot issue a prospectus Director At least 2 directors At least 1 director Transfer of Read More …
Benefits one enjoy for being a member of the SACCO
SACCO will enable her to save Profits made by the SACCO will be distributed to her and members as dividends Katura can obtain a loan from the SACCO at low interest rates Incase Katwa dies the outstanding loans are written Read More …