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Buss 201:Commerce Question Paper

Buss 201:Commerce

Course:Business Administration

Institution: Kenya Methodist University question papers

Exam Year:2013

KENYA METHODIST UNIVERSITY

END OF 3''RD ''TRIMESTER 2013 (FT) EXAMINATION
FACULTY : EDUCATION AND SOCIAL SCIENCES
DEPARTMENT : EDUCATION
UNIT CODE : BUSS 201
UNIT TITLE : COMMERCE
TIME : 2 HOURS

Instructions:

Answer any three questions

Question One

One can eliminate wholesalers from the chain of distribution but not the wholesaling function. Do you agree?

(10 marks0

Highlight five roles that warehousing plays in trade.

(10 marks)

Question Two

Explain five circumstances under which a trader may use railway transport.

(10 marks)

Outline five factors to consider when choosing the means of communication.

(10 marks)

Question Three

Using relevant examples explain the principles that govern the operations of the insurance industry.

(10 marks0

Explain five methods of sales promotion available to the traders in the market.

(10 marks)

Question Four

Explain five reasons that justify government involvement in business activities.

(10 marks)

James a new employee of Tababu Ltd Company has been advised by his colleagues to join Tababu Sacco. Outline five benefits he is likely to enjoy.

(10 marks)

Question Five

Outline five contents of Memorandum of Association that companies are expected to file with the Registrar of companies in order to be incorporated.

(10 marks)

Differentiate between direct and indirect production.

(10 marks)

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