1.Trade divisions (professions division)
A person concentrates on the professional trade or service e.g. teaching , fishing.
2.Process division
- Although in the same trade different people have their work being divided into a number of stages, activities or processes each being undertaken by a different group of people.
3.Regional or Territorial specialization
- Two or more firms on the same product to complete the production process e.g. firm may undertake the processing of cotton whereas as B does the packaging.
4.Nationalized specialization
- Based on soils , climates , skills and costs of production. Applied in International trade whereas a country concentrates on the production of a particular commodity or supply of service e.g. Kenya is known for coffee production.
sharon kalunda answered the question on February 28, 2019 at 13:08
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February 28, 2019
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February 28, 2019
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February 28, 2019
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February 28, 2019
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February 28, 2019
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February 28, 2019
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February 28, 2019
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Mention four limitations of advertising as a means of sales promotion.
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February 28, 2019
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Enumerate all the preferential trade area protocols
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February 26, 2019
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(Solved)
The following trial balance was extracted from the books of Nyaituya on
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(ii) Rent accrued 6,000
(iii) Insurance paid in advance 4,000
(iv) Commission due 5,000
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Date posted:
February 25, 2019
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(Solved)
The following trial balance was extracted from the ledgers of Gathioro’s mobile phones business for the year ended 31st Oct 2013.
Gathioro’s mobile phones
Trial Balance
As at Gathiro’s 31st Oct 2013
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prepare;
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ii. A balance sheet as at that date.
Date posted:
February 25, 2019
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Answers (1)