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Month: December 2020

Give four reasons why the budget is an important government tool of control to the economy

A necessary aspect of planning A tool for correcting development plans that are not feasible A standard measure of government performances Forces the government to prioritise its projects and plans Reflects government monetary policies used to control the supply of Read More …

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State any four after sales services business firm selling electronic goods sets can offer to the customers

Availability of spare parts Guarantee- repair of the articles for a specific period of time after purchase Technical advise to the consumer on the use of items Helping to install machinery or equipment Servicing of goods from time to time Read More …

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Why would an exporter prefer to use container services as a method of transport

Easy handling of goods – containers are designed to enable use of machinery Less damage to goods Safety – They are sealed until they reach the importers Low premium insurance costs, this results due to less risks Use of specially Read More …

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List four qualities of good filing system

Simplicity Compactness Accessibility Safety Elasticity/ flexibility/ Expansion Cross reference Economy

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State any four advantages of a wholesaler to a consumer

Breaking of bulk Offers a variety of  goods Price stabilisation Advertising creates awareness Steady supply – (storage) After sales services

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To a certain extent, public corporations are to considered desirable. Explain

Problems associated with public corporations Poor services and low quality goods due to absence of competition Wastes are encouraged since losses are financed by tax payers. Poor bad business decisions are likely to be made due to political motives Where Read More …

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