Mention four ways in which the government participate in training businessmen in the country.

State four factors that limit the satisfaction of human wants.

Give four reasons why the governments draw their development plans.

Highlight four ways in which a firm would acquire dominance of a market.

Identify any four barriers to international trade that imposed by government.

Land is one of the factors of production. Outline four circumstances under which it may discourage the location of firms.

Give four reasons why manufacturing firm may offer after sale service to its consumers.

Tigen trders had the following balance as at 31st December 2012
shs
Opening stock 800,000
Closing stock 1,000,000
Sales 3,250,000
Rate of stock turnover 3 times
Calculate:
a) Cost of goods sold (2 marks)
b) Gross profit (2 marks)

Highlight four differences between bill of exchange and promissory note.

The government of a developing country intends to formulate an elaborate policy to address the widespread unemployment. Identify four areas of concern that the policy should look into.

Outline four monetary measures taken by the Central Bank to solve the problem of demand pull inflation.

Highlight four measures the state is putting in place to bring sanity in the matatu transport sector in Kenya.

Onyango intends to insure his motor vehicle with UAP insurance company. Outline the procedure he would follow to take the policy.

Indicate with a tick () in the relevant column whether each of the following business transactions will increase or decrease the capital account balance.

List any four business considerations taken into account when carrying out business opportunity evaluation.

Outline four canons of taxation.

Highlight circumstances under which the following chains of distribution are used.
a) Manufacturer → Consumer
b) Manufacturer → Retailer → Consumer
c) Producer → Marketing Board → Consumer
d) Manufacturer → Agent → Consumer

State four reasons why an entrepreneur would prefer a landscape type of office.

Highlight four factors that may have led to the shift in the demand curve from D0D0 to D1D1

State four reasons why John would prefer to obtain a loan from his Sacco but not from a commercial bank.

Kilunya traders had thefollowing transactions during the month of March 2010:
March 3: Sold goods to Waweru sh 800, Ken Sh 600 and Okwanya sh 700
March 4: Bought goods from Uwezo sh 15,000, Openo sh 2000.
March 6: Sold goods to Mayi sh 1200, Shiro sh 1500, paka sh 900
March 9: Sold goods to Launda sh 400
Required:
Enter the above transaction in the sales journal.

Outline four circumstances under which a public warehouse would be ineffective.

The following information was provided by Kisumu traders for the year ended 31^st December 2013.

Required.
Prepare Kisumu Traders Balance Sheet in order of permanency.

Outline four factors that a citizen would consider while holding money for day to day expenses.

Identify the accounts to be debited and accounts to be credited from the following transactions.