Trusted by millions of Kenyans
LoginRegister
Study resources on Kenyaplex

Get ready-made curriculum aligned revision materials

Exam papers, notes, holiday assignments and topical questions – all aligned to the Kenyan curriculum.

Browse exam papers
Or go directly to:
Class notes Holiday assignments Topical questions Other resources

Outline factors that may limit the operations of an open air market operator

Outline factors that may limit the operations of an open air market operator

Answers

Lydia
Factors that may limit the operations of an open air market operator.
i) They do not have permanent customers since they move from one market to another.
ii) Demand for their goods may be low for the traders selling similar commodities are found at the same point in the market.
iii) Unfavourable weather conditions such as rain may interfere with their work.
iv) They face a lot of certainity especially in terms of steady flow of income.
v) Its tiring for the traders to move from one place to another especially with goods that are heavy.
vi) Some markets operate only on specific days making traders to lack customers on days that are not market days
vii) Price fluctuations that make it difficult to project demand and supply of goods.
lydiajane74 answered the question on October 11, 2017 at 12:51

Answer Attachments

Next: Explain five services offered by wholesalers to manufacturers

Previous: Fighting justice comes with a price.Discuss the validity of this statement in relation to the play Betrayal in the City.

View more Business Studies Questions and Answers  |  Return to Questions Index

Exams With Marking Schemes

Related Questions