a. Request the buyer to pay for the goods before delivery.

b. To help importers to get customs clearance before goods are sent.

c. To serve as a quotation.

d. To show the buyer what he / she would have to pay for the goods.

e. To show the customer details of price, where goods are sent on approval, sale or return basis.

a. Formed by an act of parliament.

b. To provide essential goods and services.

c. Managed by BOD appointed by the Government.

d. Owned by the Government.

e. Initial capital is provided by the government.

a. Net working of branches and banks /computers.

b. Constant changes in the hype of accounts offered e.g savings account.

c. Easier to access credit facilities.

d. Pesa point money service.

e. E-banking / M- banking.

f. Customer care services.

g. ATM

h. Mobile banks.

a. Increase in price selle the intermediaries are many.

b. Inability to reach the consumer directly.

c. Losses will increase due to risks like theft and damage.

d. The quality of goods reduce due to the long chain.

e. The goods may not be genuine by the time they reach the
consumer/contamination.

f. Complaints from consumers take ling to reach the producer, hence delay in a chow.

g. Goods take too long to reach the final consumer.

i. Get employment opportunities.

ii. A market may be created for the raw materials.

iii. Provision of health and education facilities.

iv. Provision of energy – electricity.

v. A reduction in rural urban migration.

i. Wrong weights and measures.

ii. False advertisements.

iii. Substandard goods or services.

iv. Hoarding.

v. Over-pricing.

vi. Unhygienic conditions.

a. Market niche.

b. Level of competition.

c. The returns.

d. The amount of capital

a. Peak /boom

b. Recession

c. Trough /slump /depression

d. Recovery /expansion

a. They will not have constant supply of goods.

b. The price of goods will not be stable.

c. They are likely to receive defect goods as they would be no inspection.

d. They are likely no to have a variety of goods.

e. They are likely not to meet there unexpected demands.

a. Debtors may pay less since they pay for them in future at old price.

b. Should earn more revenue by buying at a low price and sell at a higher price.

c. Motivates people to work harder to earn more income.

d. Increased production.

e. Better use of available income in order to avoid wastage.

a. Increased crime rate globally.

b. Socio-cultural values have been eroded due to pornography.

c. It’s expensive to buy air time.

d. Charging costs are high due to lack of power.

e. Increased family break ups.

f. Technical to operate.

a. A high population growth rate and dependency ratio.

b. Widespread unemployment.

c. High levels of poverty.

d. Dominant subsistence sector.

e. Low levels of urbanization.

f. Unlimited natural resources.

g. Huge disparity in income distribution.

h. Level of technology in production.

a. Value of property.

b. High risk of loss.

c. Number of risks covered.

d. Need to spread the risks.

e. Government policy.

a. Creating awareness to consumers about the product in the market.

b. Creates demand by persuading people to buy goods and services.

c. Competition among firms of similar produce results into increased quality of goods.

d. Demand is increased for goods and services.

e. A variety of goods.

f. Creation of employment.

a. Equitable.

b. Certainty

c. Convenient

d. Economical

e. Flexibility.

f. Simplist.

g. Diversity.

h. Ability to pay.

a. Cost

b. Adaptability.

c. Possibility of hiring rather than buying.

d. Durability.

e. Effect on staff morale.

f. Availability of man power.

g. Security of equipment.

h. Availability of complementary resources.

a. The sender / communicator.

b. Message.

c. Medium / channel

d. The receiver.

e. Feed -back

a. There are many buyers and sellers of the commodity who act independently.

b. The products from different producers vary in quality or form a group of commodities which are close substitutes Which are close substitutes.

c. No barriers to entry or exit.

d. There is perfect knowledge of the market for both sellers and buyers.