a) What is branding?
b) State three advantages of branding to each of the following:
- Manufacturer;
- Retailer;
- Consumer
a) Explain the term “exchange in commerce
b) What is impulse buying?
(a) Explain current assets giving two examples.
(b) State two uses of working capital
(c) The state of affairs of Zig stores as at 31st December, 2009 shows the following.
You are required to calculate Zig Stores: Furniture and fittings 30,000 Motor van 164,000 Stocks 76,000 Debtors 50,000 Creditors 60,000 Cash in hand 20,000 Bank overdraft 10,000
(i) current liabilities (ii) current assets (iii) working
(a) What is a stock exchange market.
(b) Explain six functions of the stock exchange market
(a) Define a contract of sale
(b) Outline six items that must be contained in a contract sale.
(a) What is packaging
(b) State three disadvantages of packaging
(c) State five reasons for the packaging of products by Manufacturers.
Explain each of the following insurance concepts
(a) non indemnity insurance
(b) Group insurance
(c) Re-insurance
(d) Under insurance
(e) Consequential loss insurance.
(a) State five problems of barter system of trading
(b) Explain five ways in which the introduction of money has solved the problems stated in 3 (a) above.
(a) Define a multiple shop
(b) State three features of a multiple shop
(c) Explain three advantages and three disadvantages of a Multiple shop.
Compare a public limited company with partnership under the following headings
(a) formation: (b) Ownership and Control: (c) Source of Capital: (d) Liability: (e) Dissolution:.
An advertising campaign designed to sell one’s own products at the expense of other brands is
- A. competitive
- B. persuasive
- C. direct
- D. informative
An advertising campaign designed to sell one’s own products at the expense of other brands is
- A. competitive
- B. persuasive
- C. direct
- D. informative
The place where bankers meet daily to exchange cheques drawn on each other is known as
- A. capital market
- B. money market
- C. clearing house
- D. discount houses
The place where bankers meet daily to exchange cheques drawn on each other is known as
- A. capital market
- B. money market
- C. clearing house
- D. discount houses
When a ship overstays the allowed number of days at the port, it is made to pay
- A. interest
- B. tariff
- C. demurrage
- D. commission
When a ship overstays the allowed number of days at the port, it is made to pay
- A. interest
- B. tariff
- C. demurrage
- D. commission
A voluntary association which consists of people who represents a cross section of business interests in an area is a
- A. Trade Association
- B. Trade Union
- C. Chamber of Commerce
- D. Consumer's Association
A voluntary association which consists of people who represents a cross section of business interests in an area is a
- A. Trade Association
- B. Trade Union
- C. Chamber of Commerce
- D. Consumer's Association
A postal service that allows a company’s customers to reply to its advertisements at the expense of the company is
- A. recorded delivery service
- B. post restante
- C. express delivery service
- D. business reply service
A business obtains part of its short-term capital from
- A. bonds
- B. debentures
- C. trade credit
- D. ordinary shares
A person who contributes money to a partnership business and is also involved in its general supervision is called
- A. An active partner
- B. a limited partner
- C. A dormant partner
- D. a nominal partner