Commerce (Buss 201) Question Paper

Commerce (Buss 201)

Course:Education

Institution: Kenya Methodist University question papers

Exam Year:2013

TIME : 2 HOURS

Instructions:
Answer any three questions.
Question One
Discuss five principles of Insurance. (20 marks)

Question Two
Explain five factors to consider when choosing a product promotion method.
(10 marks)
Explain five advantages that a country can enjoy for engaging in international trade.

Question Three
Discuss the importance of transport to a business.
(10 marks)
Explain five barriers to effective communication in a business.
(10 marks)

Question Four
Discuss five essential of a good warehouse.
(10 marks)
Explain five roles of Insurance Industry in an economy.
(10 marks)

Question Five
Discuss five reasons why products are advertised.
(10 marks)
Explain five merits of government involvement in business.
(10 marks)

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