Helps the shareholders to know whether the business is in a position to meet its claims Helps the investor to determine whether their funds are invested wisely Helps to compare the performance of the business with that of previous years Read More …
Month: December 2020
Assume that you want to start photocopying business in your nearest town. Cite any four factors you would consider before buying your copies.
Factors to consider when buying a copier. the cost ie both initial and operating cost availability for the intended purpose likelihood of obsolescence Room for expansion or to accommodate higher work load Availability of credit or hire purchase terms offered Read More …
Give four reasons why an office may prefer storing information in micro-films instead of files
Advantages of micro-films. Saves space and weight since bulky files are replaced by compact carbons of films. Documents can be sent abroad more cheaply More durable compared to files Little risk of misplacing Saves filing equipment and also floor space. Read More …
Mention any four remittance services offered by the post office.
Remittance services offered by the post office. Postal order Money order Telegraphic money order Registered mail Cheque.
Give any four benefits that you may reap as a consumer from an advertising campaign.
Advantages of advertising to the consumer. Getting information about what is available in the market Information about price, quality, size and other features of the product. Explanations on the use and value of the product. The consumer gets to know Read More …
Give any four reasons why most business people prefer to transport their finished products via road transport.
Why road transport is preferred. Its cheaper and faster for short distances All areas including remote areas can be accessed by road. Suitable for delivering perishable goods like vegetables Handling is minimal hence cuts down breakage and pilferage Its flexible Read More …
