- Finances producers by buying goods.
-Takes over storage expenses from producers.
- Saves producers risks of pricing, losses by buying goods.
-Prepares goods for sale on behalf of the producer e.g grading, blending.
-Gets market feedback from consumer on behalf of producers.
-Transports goods to retailer and consumer for producers.
gideon1 answered the question on November 2, 2017 at 06:03
-
Explain five benefits that may accrue to a consumer who buys goods from a hypermarket
(Solved)
Explain five benefits that may accrue to a consumer who buys goods from a hypermarket
Date posted:
November 2, 2017
.
Answers (1)
-
Explain five ways in which raw material may influence location of a business enterprise.
(Solved)
Explain five ways in which raw material may influence location of a business enterprise.
Date posted:
November 2, 2017
.
Answers (1)
-
Explain five functions of micro finance institutions in promoting economic activities in a country
(Solved)
Explain five functions of micro finance institutions in promoting economic activities in a country
Date posted:
November 2, 2017
.
Answers (1)
-
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)