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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 four questions in the answer booklet provided.
Question One
Briefly explain five documents used in home trade.
(5mks)
Explain five benefits that a country may enjoy when involved in international trade.
(10mks)

Question Two
State the benefits of an efficient road transport in a country. (5mks)
Explain the functions of wholesalers to
Retailers.
(3mks)
Producers.
(3mks)
To the country.
(4mks)

Question Three
Briefly explain the importance of warehousing in a country.
(5mks)
Discuss five principles applied by insurance companies in the economy today.
(10mks)

Question Four
Outline five benefits of advertising.
(5mks)
Explain the role of commercial banks to the business community in Kenya.
(10mks)

Question Five
Briefly explain five consumer protection agencies available in our country today.
(5mks)
Explain five reasons for government involvement in business activities in Kenya today.
(10mks)

Question Six
Briefly explain five characteristics of money.
(5mks)
Using relevant examples, explain five sales promotional strategies for a new product in the market.
(10mks)

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