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State some of the objectives of just in time
What are the principles of purchasing management?
State some of the objectives of purchasing management
What are some of the reason of keeping inventory?
Explain four factors influencing tax shifting
Explain four aspects of tax burden.
Outline the advantages of progressive taxes.
State five advantages and five disadvantages of indirect taxes.
Outline the advantages and disadvantages of direct taxes.
Describe the classifications of taxes
Describe three classifications of public expenditure.
What is public expenditure?
Outline the objectives of fiscal policy. • To achieve a desirable employment levels. • To achieve a desirable price level in the economy • To achieve a desirable level of consumption. • To achieve the desirable income distribution.
Describe three fiscal options that can be used by the government to solve the problems of diminished output.
State objectives of budgetary policies.
Outline the three types of budgets
Describe six principles of taxation
Describe the various types of cost in manufacturing accounts.
State five limitations of using ratios.
Explain factors that makes it difficult for Kenyans to purchase houses through building societies.
COURSE CODE: BBM 208 COURSE TITLE: ENTREPRENEURSHIP THEORY AND CONCEPTS. Second year second semester.
Give four advantages of buying goods on hire purchase.
Differentiate giving examples between human wants and needs.
Explain four methods for exchange control applied by the government.
Outline the objectives of exchange control
Explain five factors leading to fluctuations of foreign exchange.
Distinguish between nominal interest rate and real interest rate.
Explain the various measures to control inflation.
Explain 7 effects of inflation.
Describe the various causes of inflation.