Day: December 9, 2020

Other methods of sales promotion Free samples Gifts After – sales service Credit facilities Price reductions

Why the government trains businessmen. Expose businessmen to modern developments in management Educate businessmen of efficient methods of operating business eg effective methods of sales promotion Identify and discuss current problems facing businesses and look for possible solution Import proper Read More …

Principles of investment. Should be secure Liquidity ie ability to be converted into cash Ability to grow over a period of time Should generate income / returns Ability to spread risks over several types of securities.

Why the Kenyan government is involved in licencing. Regulate the number of businesses in any one line of activity to control unhealthy competition. Ensure that traders engage in only those business activities for which they have licences. Control illegal businesses Read More …

Services that can be paid for by standing orders Rent payments Subscriptions Insurance’s Hire purchase payment Loan payments Mortgage repayments

Contents of the articles of association Classes and rights of shareholders The issue and transfer of shares Methods of dealing with any alterations on the capital Qualifications, duties and powers of directors Borrowing, dividend and reserve policies Rules regarding preparation Read More …