There are only two sector in the economy – firm and house hold
The house hold spent all their income on goods and service provided by the firms
The firms use all the income from sell of goods and services on payment
There is no government intervention
johnmulu answered the question on October 21, 2017 at 08:51
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Highlight four ways in which an efficient transport system can enhance trade
(Solved)
Highlight four ways in which an efficient transport system can enhance trade
Date posted:
October 21, 2017
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Answers (1)
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Five channel of distribution for export agricultural product
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October 21, 2017
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October 21, 2017
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October 21, 2017
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Highlight four merits that will accrue to a business by adopting the internet as means of communication
Date posted:
October 21, 2017
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Highlight four unethical practices that business may be involved in
Date posted:
October 21, 2017
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Outline the aspects/elements of demographic environment that influence the operations of business.
Date posted:
October 21, 2017
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Answers (1)
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A company ABC Ltd producing detergents for the local markets in suburban areas was facing increasing competition from branded products. The management decided to concentrate...
(Solved)
A company ABC Ltd producing detergents for the local markets in suburban areas was facing increasing competition from branded products. The management decided to concentrate on controlling costs by recasting production and marketing processes and bargaining with suppliers to minimize cost of inputs. But there were limits of cost – cutting by recasting process and optimize time utilization. Suppliers of inputs too were reluctant to yield pressure. After a year, sales started declining fast. What can the management do in the fact of growing competition?
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What else can the management do in the face of growing competition?
Date posted:
October 21, 2017
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Answers (1)
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(Solved)
Define production in business context.
Date posted:
October 19, 2017
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State disadvantages of advertising goods through the internet
Date posted:
October 19, 2017
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Answers (1)
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(Solved)
Give the sources of oligopoly power
Date posted:
October 18, 2017
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(Solved)
What is population?
Date posted:
October 18, 2017
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Highlight four reasons that can make the government to withdraw license of a business enterprise
Date posted:
October 17, 2017
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(Solved)
State roles of business community in environment and community health management
Date posted:
October 17, 2017
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(Solved)
Other than price,outline three ways used by the seller to complete in a market
Date posted:
October 17, 2017
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Answers (1)
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Highlight four factors that may determine the length of a channel of distribution
Date posted:
October 17, 2017
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State four uses of computer in communication
Date posted:
October 17, 2017
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circumstances under which a public corporation can be dissolved
Date posted:
October 15, 2017
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Answers (1)
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State reasons as to why economic development is desirable to a country.
(Solved)
Know the objectives of economic development and state why a country desires to attain those economic developments.
Date posted:
October 15, 2017
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Answers (1)
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Explain five benefits of turning Private Limited Company into Public limited company
(Solved)
Explain five benefits of turning Private Limited Company into Public limited company
Date posted:
October 14, 2017
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Answers (1)