Immediate feedback Leaves no room for alteration /misinterpretation of the message Creates a personal touch or healthy relationship between the interviewer and the interviewee. Saves time since information is passed on and a response to it received instantly enabling a Read More …
Day: December 10, 2020
Limited companies are Large Organizations which attract large profits. However these undertakings are still not popular in Kenya and sole proprietorship seems to be more popular. Give four reasons to explain this
Profits in sole proprietorship aren’t shared In sole proprietorship there is personal contact with customers unlike in joint stock companies Formation procedure is easier in single owned business than joint stock companies Decision making in single owned business are easier Read More …
Name four characteristics that should be posed by goods in order for them to be described as wealth.
Must have utility Should be scarce Must have money value Should be transferable
Consumer protection is safeguarding consumers from exploitation by producers and businessmen . Give four reasons why this is necessary
Ensure goods are of good quality Ensure the right quantity and size Ensure health standards are met Ensure safety standards are met Ensure fair pricing Protect them against breach of contract Protect from false advertising
List four methods used by the central bank of Kenya in credit control
Open market operation Bank rate method Margin requirement Selective credit Reserve requirements
Outline any four functions of the Nairobi stock exchange
Marketing of securities which facilitate flow of new capital into the industry. Protect investors by maintaining rules and discipline of the brokers. Advise and guide companies seeking capital Publishes information regarding prices of securities Transfer the title to any quoted Read More …
