i)Reliance on donar funding
ii)Lack of domestic resources e.g finance.
iii)Failure to involve local people in planning
iv)National calamities
v)Over- ambitions plans
vi)Lack of co – operation among the executive parties.
vii)Inflation
viii)Lack of political will
ix)Corruption amongst the officials
Kavungya answered the question on September 26, 2019 at 07:20
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Highlight four circumstances under which a business person may decide to build his own warehouse instead of using a public warehouse.
(Solved)
Highlight four circumstances under which a business person may decide to build his own warehouse instead of using a public warehouse.
Date posted:
September 26, 2019
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Answers (1)
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Prepare a three column cash book from the following information for the month of May 2004 and balance it off.May 1 Balances b/d cash sh...
(Solved)
Prepare a three column cash book from the following information for the month of May 2004 and balance it off.
May 1 Balances b/d cash sh 50,000, Bank sh 180,000
May 1 Cash sales sh 3,000
May 2 Paid the following creditors by cheque, N Mwangi sh 1,500, J .Mwaniki sh 16,000, N Mugo sh 1,200 after deducting 10% cash discount in each case.
May 3 Received cheques from the following debtors after deducting 5% discount in each case E. Githinji sh 24,000, D.Nyamu sh 9,000, E. Mutua sh 1,400.
May 5 Paid for repairs in cash sh 16,000
May 10 Paid Juma in cash sh9,500
May 15 Banked sh 6,000 from the cash till
May 15 Received cash from P. Kavuniki sh 13,500 in full settlement of his account of sh 15,000.
Date posted:
September 26, 2019
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Answers (1)
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Highlight four benefits of having business enterprises located in one area.
(Solved)
Highlight four benefits of having business enterprises located in one area.
Date posted:
September 26, 2019
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Answers (1)
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Give four challenges that may face a business unit that does not file its documents.
(Solved)
Give four challenges that may face a business unit that does not file its documents.
Date posted:
September 26, 2019
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Answers (1)
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Highlight four reasons why interest is charged on borrowed capital.
(Solved)
Highlight four reasons why interest is charged on borrowed capital.
Date posted:
September 26, 2019
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Answers (1)
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Identify four differences between a supermarket and hypermarket.
(Solved)
Identify four differences between a supermarket and hypermarket.
Date posted:
September 25, 2019
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Answers (1)
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Outline four circumstances under which a trader would use porters to transport goods.
(Solved)
Outline four circumstances under which a trader would use porters to transport goods.
Date posted:
September 25, 2019
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Answers (1)
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Mention five reasons why M-Pesa is becoming a very popular means of payment in Kenya.
(Solved)
Mention five reasons why M-Pesa is becoming a very popular means of payment in Kenya.
Date posted:
September 25, 2019
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Answers (1)
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Identify four circumstances under which communication may be ineffective .
(Solved)
Identify four circumstances under which communication may be in effective .
Date posted:
September 25, 2019
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Answers (1)
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Highlight four reasons why a country would like to know the structure of it’s population.
(Solved)
Highlight four reasons why a country would like to know the structure of it’s population.
Date posted:
September 25, 2019
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Answers (1)
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The use of motor cycles transport is becoming very popular in both rural and urban areas of Kenya. Explain the limitation a business that relies...
(Solved)
The use of motor cycles transport is becoming very popular in both rural and urban areas of Kenya. Explain the limitation a business that relies on its use is likely to encounter.
Date posted:
September 25, 2019
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Answers (1)
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State four ways in which the government may promote local trade.
(Solved)
State four ways in which the government may promote local trade.
Date posted:
September 25, 2019
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Answers (1)
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Outline four advantages of a systematic arrangement of goods in a warehouse.
(Solved)
Outline four advantages of a systematic arrangement of goods in a warehouse.
Date posted:
September 25, 2019
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Answers (1)
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Give four reasons why discounts are granted.
(Solved)
Give four reasons why discounts are granted.
Date posted:
September 25, 2019
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Answers (1)
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The following trial balance was extracted from the books of Rafiki traders as at 31st December 2018.
(Solved)
The following trial balance was extracted from the books of Rafiki traders as at 31st December 2018.
Required:
(i) Prepare Rafiki traders trading profit and loss account.
(ii) A balance sheet as at 31st December 2018.
Date posted:
September 25, 2019
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Answers (1)
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By aid of a diagram, explain how price of a commodity is determined by the forces of demand and supply.
(Solved)
By aid of a diagram, explain how price of a commodity is determined by the forces of demand and supply.
Date posted:
September 25, 2019
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Answers (1)
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On 1st May 2018, Sosiot traders had Sh.25,000 Cash in hand and Bank overdraft of sh 15,000. During the month the following transactions took place.
(Solved)
On 1st May 2018, Sosiot traders had Sh.25,000 Cash in hand and Bank overdraft of sh 15,000. During the month the following transactions took place.
2018
May 3: Kipkurui ,a debtor settled his account of sh 12000 by cheque of sh 10,000
May 5: Paid rent by cash sh. 5000
May 6: Deposited sh. 2000 into the business bank account from the cash till.
May 8: Received sh 6000 Cash from Kamau, a debtor
May 10: Wanjiku a debtor settled her account of 15,000 by cheque, having been
allowed 20% discount.
May 15: Purchased Furniture worth sh 3,000 paying by cheque
May 18: Deposited sh 7,000 into the bank from private sources.
May 23: Received the following amounts in cash from debtors having deducted
cash discount of 5%. Kertich sh 7600, Brian sh 4750
May 25: Banked all the available Cash except sh 1000
Required:
Prepare a dully balanced three column cash book.
Date posted:
September 25, 2019
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Answers (1)
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Explain five reasons for the popularity of using social media in product promotion.
(Solved)
Explain five reasons for the popularity of using social media in product promotion.
Date posted:
September 25, 2019
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Answers (1)
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Explain five ways in which the demographic environment may positively influence business activities
(Solved)
Explain five ways in which the demographic environment may positively influence business activities
Date posted:
September 25, 2019
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Answers (1)
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John and Peter bought a Nissan matatu worth sh. 3,000,000. John paid sh. 2,000,000 and Peter sh. 1,000,000. They insured the matatu for a comprehensive...
(Solved)
John and Peter bought a Nissan matatu worth sh. 3,000,000. John paid sh. 2,000,000 and Peter sh. 1,000,000. They insured the matatu for a comprehensive cover for shs 2,500,000. Later the matatu was involved in an accident to a loss of sh 1,500,000. How much were they compensated and give reasons in support of your answer?
Date posted:
September 25, 2019
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Answers (1)