(i) Have low operational costs which are easy to meet.
(ii) Are faced by few risks which have less burden to bear.
(iii) Are flexible in terms of formation( easy to change form) and location.
(iv) Requires little capital which is easy to raise.
(v) Easy to manage.
(vi) Create employment opportunities thus solving the problem of unemployment.
maurice.mutuku answered the question on July 17, 2017 at 05:38
-
In what ways does the Central Bank act as a banker to the government?
(Solved)
Give ways in which Central Bank acts as a banker to the government.
Date posted:
July 17, 2017
.
Answers (1)
-
What types of resources are important in Business?
(Solved)
List types of resources that are important in Business.
Date posted:
July 17, 2017
.
Answers (1)
-
Under what circumstances is personal selling appropriate?
(Solved)
List circumstances under which personal selling is appropriate.
Date posted:
July 17, 2017
.
Answers (1)
-
Why do people engage in Business activities?
(Solved)
Give reasons why people engage in Business activities.
Date posted:
July 17, 2017
.
Answers (1)
-
Under what circumstances may the nature of goods influence the choice of appropriate means of transport?
(Solved)
Explain ways under which the nature of goods may influence the choice of appropriate means of transport.
Date posted:
July 15, 2017
.
Answers (1)
-
The per capita income in country X is considerably higher than that in country Z. Why may the citizens of country X not necessarily enjoy higher standards of living than citizens of country Z?
(Solved)
Give reasons why the citizens of country X may not necessarily enjoy higher standards of living than citizens of country Z.
Date posted:
July 15, 2017
.
Answers (1)
-
Mohamed and Abdul are importers of vehicles in Kenya from Japan.What terms of sale may be quoted by the seller of the vehicles?
(Solved)
Explain terms of sale that may be quoted by the seller of the vehicles.
Date posted:
July 15, 2017
.
Answers (1)
-
What reasons may account for the continued use of hand carts as a mode of transport?
(Solved)
Explain reasons that may account for the continued use of hand carts as a mode of transport.
Date posted:
July 14, 2017
.
Answers (1)
-
What are the features of business assets?
(Solved)
List the features of business assets.
Date posted:
July 14, 2017
.
Answers (1)
-
What factors may lead to unfavourable terms of trade?
(Solved)
List factors that may lead to unfavourable terms of trade.
Date posted:
July 14, 2017
.
Answers (1)
-
What factors determine the period for which documents should be filed?
(Solved)
Give factors that determine the period for which documents should be filed.
Date posted:
July 14, 2017
.
Answers (1)
-
Why should traders observe ethical practices in product promotion?
(Solved)
Traders are required to observe ethical practices when carrying out product promotion. Explain five reasons for observing such ethical practices.
Date posted:
July 14, 2017
.
Answers (1)
-
What are the roles played by intermediaries in the distribution channel?
(Solved)
Outline the roles played by intermediaries in the distribution channel.
Date posted:
July 14, 2017
.
Answers (1)
-
In what ways do households contribute to national income?
(Solved)
Outline ways in which households contribute to national income.
Date posted:
July 14, 2017
.
Answers (1)
-
Why is it suitable to locate a bonded warehouse at the point of entry of goods in a country?
(Solved)
Give reasons why it is suitable to locate a bonded warehouse at the point of entry of goods in a country.
Date posted:
July 14, 2017
.
Answers (1)
-
What problems may interfere with the effectiveness of face to face communication?
(Solved)
List the problems that may interfere with the effectiveness of face to face communication.
Date posted:
July 14, 2017
.
Answers (1)
-
In what ways are business ideas generated?
(Solved)
Highlight ways of generating business ideas.
Date posted:
July 14, 2017
.
Answers (1)
-
What are the advantages of division of labour?
(Solved)
Outline the advantages of division of labour.
Date posted:
July 14, 2017
.
Answers (1)
-
What circumstances may influence a firm to locate its operation near the source of raw materials?
(Solved)
Give circumstances that may influence a firm to locate its operation near the source of raw materials.
Date posted:
July 14, 2017
.
Answers (1)
-
What is Folio column?
(Solved)
Define Folio column.
Date posted:
July 14, 2017
.
Answers (1)