Mobilizes savings to create a pool of frauds for investment.
Offer investment advice/training in business management.
Offer loans for investment to small scale and medium scale traders.
Create employment opportunities hence help solve unemployment problems.
Supervises and monitor people they have given loans to ensure loans are used wisely.
gideon1 answered the question on November 2, 2017 at 05:30
-
Discuss five measures that may be taken to solve unemployment in a country.
(Solved)
Discuss five measures that may be taken to solve unemployment in a country.
Date posted:
November 2, 2017
.
Answers (1)
-
Explain five disadvantages of specialization and division of labour to an organization.
(Solved)
Explain five disadvantages of specialization and division of labour to an organization.
Date posted:
November 2, 2017
.
Answers (1)
-
Discuss six ways in which a well developed transport system may be important to Kenya.
(Solved)
Discuss six ways in which a well developed transport system may be important to Kenya.
Date posted:
November 2, 2017
.
Answers (1)
-
Describe six types of partners that can be found in a partnership form of business.
(Solved)
Describe six types of partners that can be found in a partnership form of business.
Date posted:
November 2, 2017
.
Answers (1)
-
Explain five functions performed by intermediaries in the chain of distribution.
(Solved)
Explain five functions performed by intermediaries in the chain of distribution.
Date posted:
November 2, 2017
.
Answers (1)
-
Outline four characteristics of an optimum population.
(Solved)
Outline four characteristics of an optimum population.
Date posted:
November 2, 2017
.
Answers (1)
-
Give the meaning of the following terms as used in insurance (a) Surrender value (b) Proposer (c) Re–insurance (d) Binder
(Solved)
Give the meaning of the following terms as used in insurance.
a) Surrender value
b) Proposer
c) Re –insurance
d) Binder
Date posted:
November 2, 2017
.
Answers (1)
-
Outline four ways by which business resources may cause business success.
(Solved)
Outline four ways by which business resources may cause business success.
Date posted:
November 2, 2017
.
Answers (1)
-
State four ways of protecting an organization’s properties.
(Solved)
State four ways of protecting an organization’s properties.
Date posted:
November 2, 2017
.
Answers (1)
-
Outline four advantages of barter trade to the society.
(Solved)
Outline four advantages of barter trade to the society.
Date posted:
November 2, 2017
.
Answers (1)
-
Highlight four ways that can be used by the government to regulate business activities.
(Solved)
Highlight four ways that can be used by the government to regulate business activities.
Date posted:
November 2, 2017
.
Answers (1)
-
State four essential features of any market.
(Solved)
State four essential features of any market.
Date posted:
November 2, 2017
.
Answers (1)
-
State four ways in which land may influence the location of firms.
(Solved)
State four ways in which land may influence the location of firms.
Date posted:
November 2, 2017
.
Answers (1)
-
Identify four services that facilitate communication in Kenya.
(Solved)
Identify four services that facilitate communication in Kenya.
Date posted:
November 2, 2017
.
Answers (1)
-
Highlight four benefits of public corporations to the citizen of a country.
(Solved)
Highlight four benefits of public corporations to the citizen of a country.
Date posted:
November 2, 2017
.
Answers (1)
-
Outline four circumstances when cheque payment would be preferred to cash payment.
(Solved)
Outline four circumstances when cheque payment would be preferred to cash payment.
Date posted:
November 2, 2017
.
Answers (1)
-
Identify four classes of business activities that one may engage in.
(Solved)
Identify four classes of business activities that one may engage in.
Date posted:
November 2, 2017
.
Answers (1)
-
Give three advantages of using M-pesa as a means of payment.
(Solved)
Give three advantages of using M-pesa as a means of payment.
Date posted:
November 1, 2017
.
Answers (1)
-
Mention the principle of insurance involved in the following statements.
(a). One cannot insure the neighbour’s house.
(b) Compensation is paid out by an insurance company only...
(Solved)
Mention the principle of insurance involved in the following statements.
(a). One cannot insure the neighbour’s house.
(b) Compensation is paid out by an insurance company only if the loss is a direct result of
happening of the event insured against.
(c). After having been compensated the insured is not allowed to take the scrap.
(d). The aim of the insurance company is to put back the insured to his/her original material
financial position and not to profit him/her.
Date posted:
November 1, 2017
.
Answers (1)
-
Give four advantages of parastatals.
(Solved)
Give four advantages of parastatals.
Date posted:
November 1, 2017
.
Answers (1)