Decision making take too long Size of market may be too small Complexity of the organisation may create difficulty in management Lack of enthusiasm due to size which kills commitment- no personal contact High risks due to change in fashion, Read More …
Day: December 10, 2020
Explain five reasons why it is necessary for a country to control international trade
To enable infant industries to grow without interference from foreign industries. To avoid entry into the country of commodities which might be harmful to the moral culture and health standard of its people. To eliminate dumping of inferior or substandard Read More …
Discuss the main sources of capital to small scale enterprises
Sources of capital to small scale enterprises. Personal funds /owners capital Borrowing from friends and relatives Members contribution Loans from bank and other non bank financial institutions Going public i.e borrowing from public by use of stocks. Venture capital i.e Read More …
Explain any five methods that the Kenyan government may adopt in order to control the volume of imports
Methods of controlling volume of imports Tariffs – Involves levying import duty on goods that are entering a country Quotas – Is a quantitative restriction permitting only a given number of units of a commodity to be imported during a Read More …
Opportunities exist for purchasing of necessary durable goods by instalment (a) Describe two methods commonly used for this purpose 4mks (b) Mention three advantages of each to: (i) Manufacturers (ii) Consumers 12mks (c) Give any two differences of the two methods 4mks
HIRE PURCHASE :- A system where the buyer agrees to pay for the commodity in installment. The buyer obtains the possession of the article on the down payment (deposit) but the title of ownership remains with the seller until the Read More …
Odhiambo’s publishing company recently joined the Nairobi stock exchange. Describe five benefits
The company knows value of its shares in the market The company may sell more shares since its is known to the public. The company raises more capital by floating more shares in the stock exchange The company uses more Read More …
