KASNEB – CPA | CIFA | CS | CCP | CFFE | ATD Study Notes And Revision Kitss
Arguments for state ownership of business undertakings. They promote general welfare of the public by providing social goods such as medical facilities, sewerage, etc Avoid wastage and inefficiency since some establishments are nationalised to avoid duplication. They encourage private investment Read More …
Reasons that may lead to dissolution of partnership. Completion of the intended purpose Loss of one partners Request of dissolution by one partner A change in the country’s law disqualifying the business A court order Insolvency of the business.
Role of marketing boards. Buying and selling produce at fair prices Control of production Collection of produce and transportation Storage of produce Financing functions Research and advisory services Advise the government on matters related to the produce they handle Promote Read More …
How Central Bank limits credit creation of Commercial Banks. Open market operations Bank Rate Policy Margin Requirement Selective Credit Control Rationing of Credit. Direct Action, Moral persuasion and publicity.
Services rendered by wholesalers to growers, producers & manufacturers. Market to purchase all their products, providing warehousing in preparation for subsequent distribution to retailers. Provision of transport services: often packing for despatches of the goods: prompt settlement: display and advertising Read More …
Benefits that Kenya reaps from COMESA. High quality products Fairly priced products Wide variety of products Access to a wider market. Wider consumer choices International peace and understanding.