- Specialization
- Production of surplus goods
- Better quality goods produced
- Exchange of goods leading to trade
-Encourages innovation and invention
Kavungya answered the question on April 3, 2019 at 07:53
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A worker has been working as a mechanic for two years. However, he thinks of changing to
another occupation. Give the reasons for his decision.
(Solved)
A worker has been working as a mechanic for two years. However, he thinks of changing to
another occupation. Give the reasons for his decision.
Date posted:
April 3, 2019
.
Answers (1)
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Identify the type of utility created in the following circumstances
Activity ...
(Solved)
Identify the type of utility created in the following circumstances
Activity Utility
a) Carpentry
b) Selling bread to students
c) Warehousing of goods imported
d) Carriage of cargo to the market
Date posted:
April 3, 2019
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Answers (1)
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Explain the factors that have led to dominance of subsistence production despite development
in technology in Kenya.
(Solved)
Explain the factors that have led to dominance of subsistence production despite development
in technology in Kenya.
Date posted:
April 3, 2019
.
Answers (1)
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Write in full the following abbreviations:
i) Franco
ii) O.N.
iii) C.W.O
iv) I.O.U
(Solved)
Write in full the following abbreviations:
i) Franco
ii) O.N.
iii) C.W.O
iv) I.O.U
Date posted:
April 3, 2019
.
Answers (1)
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For each of the following production activities, indicate whether it is direct or indirect type of
production.
(Solved)
For each of the following production activities, indicate whether it is direct or indirect type of
production.
Date posted:
April 3, 2019
.
Answers (1)
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Classify the following items into either basic wants or secondary wants
ITEM ...
(Solved)
Classify the following items into either basic wants or secondary wants
ITEM WANT
(a) Furniture
(b) Medical care
(c) Sausages
(d) shelter
Date posted:
April 3, 2019
.
Answers (1)
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Outline four benefits that accrue to a company by using a prize winning competition to promote
its products
(Solved)
Outline four benefits that accrue to a company by using a prize winning competition to promote
its products
Date posted:
April 3, 2019
.
Answers (1)
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Indicate whether the following resources are renewable or non-renewable
Resource Classification
1. Limestone
2. Natural rubber
3. Solar...
(Solved)
Indicate whether the following resources are renewable or non-renewable
Resource Classification
1. Limestone
2. Natural rubber
3. Solar energy
4. Biogas
5. Rivers
6. Wildlife
7. Soda ash
8. Forest
Date posted:
April 3, 2019
.
Answers (1)
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Identify four sources of energy available in Kenya
(Solved)
Identify four sources of energy available in Kenya
Date posted:
April 3, 2019
.
Answers (1)
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State four factors that may limit an individual ability to satisfy his basic wants.
(Solved)
State four factors that may limit an individual ability to satisfy his basic wants.
Date posted:
April 3, 2019
.
Answers (1)
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The table below contains various categories of members of the society. In the spaces provided
indicate the activity of social responsibility that a firm should undertake...
(Solved)
The table below contains various categories of members of the society. In the spaces provided
indicate the activity of social responsibility that a firm should undertake to each group
Date posted:
April 3, 2019
.
Answers (1)
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Mr. Mirugi has opened a retail outlet at Lukoye Trading centre. Advise him on four ways of
creating an enabling business environment for the prosperity of...
(Solved)
Mr. Mirugi has opened a retail outlet at Lukoye Trading centre. Advise him on four ways of
creating an enabling business environment for the prosperity of his business
Date posted:
April 3, 2019
.
Answers (1)
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Name the internal environments whose effects are described by the following statements:
(a) Allows duties to be allocated to the right people thus resulting
in higher productivity
(b)...
(Solved)
Name the internal environments whose effects are described by the following statements:
(a) Allows duties to be allocated to the right people thus resulting
in higher productivity
(b) Helps the business achieve its objectives e.g. higher production
level of goods and services
(c) Makes employees to acquire norms and code of conduct that is
acceptable to all
Date posted:
April 3, 2019
.
Answers (1)
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Identify the importance of the following types of environment to a business.
i) Intermediaries
ii) Technological
iii) Demographic
iv) Competitors
(Solved)
Identify the importance of the following types of environment to a business.
i) Intermediaries
ii) Technological
iii) Demographic
iv) Competitors
Date posted:
April 3, 2019
.
Answers (1)
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Highlight five benefits of effective communication to a firm.
(Solved)
Highlight five benefits of effective communication to a firm.
Date posted:
April 1, 2019
.
Answers (1)
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Highlight four negative implications in the Kenya economy of the continued war in Somali
(Solved)
Highlight four negative implications in the Kenya economy of the continued war in Somali
Date posted:
April 1, 2019
.
Answers (1)
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Outline four reasons why a business is important.
(Solved)
Outline four reasons why a business is important.
Date posted:
April 1, 2019
.
Answers (1)
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Highlight four objectives of taxation other than raising revenue.
(Solved)
Highlight four objectives of taxation other than raising revenue.
Date posted:
April 1, 2019
.
Answers (1)
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Enter the following transactions in the relevant ledger accounts.
Jan 1, 2012 Balance b/d Bank sh. 3,000 (CR)
...
(Solved)
Enter the following transactions in the relevant ledger accounts.
Jan 1, 2012 Balance b/d Bank sh. 3,000 (CR)
Cash sh. 2,000
Jan 2, 2012 Received Ksh 49,000 from Pete traders after deducting 2% cash discount.
Jan 5, 2012 Deposited sh. 20,000 from cash box to the bank account.
Jan 12.2012 Paid rent Ksh. 2,000 by cheque.
Jan 20,000 Paid Kalikali Ksh. 10,000 5% cash discount.
Date posted:
April 1, 2019
.
Answers (1)
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Describe the procedure for preparing a balance sheet from the Trial Balance
(Solved)
Describe the procedure for preparing a balance sheet from the Trial Balance
Date posted:
April 1, 2019
.
Answers (1)