Get premium membership and access questions with answers, video lessons as well as revision papers.
• To promote the creation of employment opportunities by initiating projects.
• To prevent the public from the exploitation by private business especially in the provision of essential goods and services such as sugar and salt.
• To prevent foreign dominance of the economy by investing in areas where the locals are not able to.
• To provide essential goods and services in areas where private individuals and organizations are unwilling to venture because of low profits and high risks.
• To provide goods and services that are more sensitive to be left in the hands of private sectors.
• To attract foreign investment by initiating major business projects.
• To provide essential goods and services which private organizations are unable to provide due to the large amount of initial capital required.
skilled writter answered the question on May 15, 2018 at 05:53
- State five advantages and five disadvantages of using radio for products advertisement.(Solved)
State five advantages and five disadvantages of using radio for products advertisement.
Date posted: May 15, 2018. Answers (1)
- Describe six advertising media(Solved)
Describe six advertising media
Date posted: May 15, 2018. Answers (1)
- State five circumstances under which a limited liability company may be dissolved.(Solved)
State five circumstances under which a limited liability company may be dissolved.
Date posted: May 15, 2018. Answers (1)
- Outline eight roles of the stock exchange market.(Solved)
Outline eight roles of the stock exchange market.
Date posted: May 15, 2018. Answers (1)
- Outline four advantages and four disadvantages of private limited company.
(Solved)
Outline four advantages and four disadvantages of private limited company.
Date posted: May 15, 2018. Answers (1)
- Discuss four categories of debentures.(Solved)
Discuss four categories of debentures.
Date posted: May 15, 2018. Answers (1)
- Discuss the sub sections of memorandum of association.(Solved)
Discuss the sub sections of memorandum of association.
Date posted: May 15, 2018. Answers (1)
- Explain five types of cooperative societies in Kenya.(Solved)
Explain five types of cooperative societies in Kenya.
Date posted: May 15, 2018. Answers (1)
- State five merits and five demerits of consumer cooperatives(Solved)
State five merits and five demerits of consumer cooperatives
Date posted: May 15, 2018. Answers (1)
- Outline the purposes of producer cooperatives.(Solved)
Outline the purposes of producer cooperatives.
Date posted: May 15, 2018. Answers (1)
- State seven demerits of partnership.(Solved)
State seven demerits of partnership.
Date posted: May 15, 2018. Answers (1)
- List eight items contained in the partnership agreement(Solved)
List eight items contained in the partnership agreement
Date posted: May 15, 2018. Answers (1)
- State four advantages and four disadvantages of public corporations.(Solved)
State four advantages and four disadvantages of public corporations.
Date posted: May 15, 2018. Answers (1)
- Discuss five trends in forms of business units.(Solved)
Discuss five trends in forms of business units.
Date posted: May 15, 2018. Answers (1)
- Outline the factors an organisation might consider when choosing a supplier(Solved)
Outline the factors an organisation might consider when choosing a supplier
Date posted: May 14, 2018. Answers (1)
- Describe the methods of production.(Solved)
Describe the methods of production.
Date posted: May 14, 2018. Answers (1)
- Outline the objectives of a non-profit-making organisation(Solved)
Outline the objectives of a non-profit-making organisation
Date posted: May 14, 2018. Answers (1)
- Explain the benefits of training employees.(Solved)
Explain the benefits of training employees.
Date posted: May 14, 2018. Answers (1)
- Compare the use of internal and external methods of recruitment(Solved)
Compare the use of internal and external methods of recruitment
Date posted: May 14, 2018. Answers (1)
- Describe the documents that could be used in the recruitment process.(Solved)
Describe the documents that could be used in the recruitment process.
Date posted: May 14, 2018. Answers (1)