May result in a monopolistic situation.
May lead to production of inferior goods
Prices of goods may artificially be kept high
They may restrict entry of other firms thus limiting consumer choice
Wincate 1 answered the question on September 19, 2017 at 15:51
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Outline four ways in which a savings and credit cooperative society can raise capital
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Outline four ways in which a savings and credit cooperative society can raise capital
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September 19, 2017
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Outline features of a private company.
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September 19, 2017
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State four reasons why a government may find it necessary to nationalize some industries
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September 19, 2017
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Highlight four factors that may have hindered the growth of co-operative movements in Kenya
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Highlight four factors that may have hindered the growth of co-operative movements in Kenya
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September 19, 2017
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Highlight four advantages of a hawker over a shopkeeper.
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September 19, 2017
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Highlight the benefits of joining a SACCO.
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September 19, 2017
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Outline four benefits that Kenya may derive from multi-national operating in the country
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September 19, 2017
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State five advantages of sole proprietorship form of business.
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State five advantages of sole proprietorship form of business.
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September 19, 2017
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Highlight advantages of large scale business organization.
Date posted:
September 19, 2017
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State four uses of an invoice for a seller of goods.
Date posted:
September 19, 2017
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Highlight four factors that may contribute towards the growth of business in the
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Highlight four factors that may contribute towards the growth of business in the
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Date posted:
September 19, 2017
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State four factors that determine the period for which documents should be stored.
Date posted:
September 19, 2017
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List four qualities of an office messenger.
Date posted:
September 19, 2017
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Match each equipment with its appropriate function (a)Telex (b)Telephone (c)Fax Machines (d)Pager
(Solved)
Match each equipment with its appropriate function
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Date posted:
September 19, 2017
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Answers (1)
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Outline four duties of an office manager.
Date posted:
September 19, 2017
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State three reasons why office documents should be filed.
Date posted:
September 19, 2017
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Explain five ways in which large scale organization are able to reduce their costs of production
Date posted:
September 19, 2017
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List four functions of entrepreneurs as a factor of production.
Date posted:
September 19, 2017
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Outline three characteristics of direct production.
Date posted:
September 19, 2017
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Name the factor that each of the following resources relate to (a) Manager (b) Vehicle (c) Cotton (d) Water (e) Owner
(Solved)
Name the factor that each of the following resources relate to
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d) Water
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Date posted:
September 19, 2017
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Answers (1)