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Explain the following terms as used in international trade
a. LOCO
b. F.O.R
c. F.A.S
d. Bill of Landing
e.Cost Insurance and Freight
Date posted:
September 22, 2017
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Outline four circumstances under which a proforma invoice may be used
Date posted:
September 22, 2017
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State four measures that Kenya may take to promote her exports
Date posted:
September 22, 2017
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State four methods of controlling imports
Date posted:
September 22, 2017
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Outline four benefits that Kenya derives by being a member of preferential Trade Area PTA
Date posted:
September 22, 2017
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Outline five reasons why banks current account is popular with traders
Date posted:
September 22, 2017
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Explain four ways in which the insurance industry promotes the growth of business enterprises.
Date posted:
September 21, 2017
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State four banking services that the central bank of Kenya provides to the government
Date posted:
September 21, 2017
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Highlight four reasons why loans advanced by commercial bank in Kenya may not appeal to
many people
Date posted:
September 21, 2017
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Highlight four advantages of using a telegraphic money order as a means of remitting money
through the post office
Date posted:
September 21, 2017
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State how a credit transfer is used as a means of transferring money through the commercial
banks
Date posted:
September 21, 2017
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Discuss circumstances under which a wholesaler becomes essential in the chain of distribution.
Date posted:
September 21, 2017
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Describe Five circumstances under which a producer would sell his goods directly to consumers.
Date posted:
September 21, 2017
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Highlight four circumstances under which a manufacturer may prefer to sell
goods directly to the consumers.
Date posted:
September 21, 2017
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State four benefits of a large consumer who buys directly from the producer.
Date posted:
September 21, 2017
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Give disadvantages of long chain distribution of goods to buyers.
Date posted:
September 21, 2017
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Highlight four benefits that accrue to a customer who buys directly from a manufacturer
Date posted:
September 21, 2017
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Outline four benefits that customers get from small-scale retailers.
Date posted:
September 21, 2017
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State four measures that local authority could take in order to attract investors to locate their
industries within its boundaries
Date posted:
September 21, 2017
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State four disadvantages of locating a business away from other related business
Date posted:
September 21, 2017
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Highlight four measures a government may take to attract firms to an area.
Date posted:
September 21, 2017
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Identify four problems that tend to limit the growth of small–scale retail business in rural Kenya.
Date posted:
September 21, 2017
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State four advantages of locating a firm near the source of raw materials
Date posted:
September 21, 2017
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State disadvantages of concentrating industries in one area within a country
Date posted:
September 21, 2017
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Outline four ways in which the price of goods and services can be determined in the market
other than through the forces of demand and supply curve.
Date posted:
September 21, 2017
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State four factors that may cause an increase in the supply of a product
Date posted:
September 21, 2017
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Outline five ways of attracting customers that traders may put into use
Date posted:
September 21, 2017
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Abdullah, a manufacturer, exhibited his goods in a local trade shows. However his sales did not
increase significantly thereafter. Outline five reasons that may have led to lack of significant sales
increase.
Date posted:
September 21, 2017
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Highlight four limitations of after sales services as a method of promoting products
Date posted:
September 21, 2017
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State four circumstances under which a trader would advertise his products over the radio
instead of the television
Date posted:
September 21, 2017