Explain the following means of payment in international trade:
- Bill of exchange;
- International bank draft;
- Travelers’ cheque;
- Electronic transfer.
a) List five types of cooperative societies.
b) Explain the following business objectives:
- survival;
- profit maximization;
- growth;
- innovation;
- social responsibility.
a) Outline five problems of barter trade.
b) Explain to Domingo five benefits of using computers in the conduct of his business.
|
Items |
Le |
|
Debtor |
30,000 |
|
Cash in hand |
6,750 |
|
Plant and machinery |
72,000 |
|
Motor van |
31,000 |
|
Stock of raw materials |
12,000 |
|
Loan |
50,000 |
|
Trade creditors |
43,000 |
Calculate
(a) The liquid capital for the business
(b) The fixed assets
(c) Teesan Enterprise’s capital or statement of affairs as at 31/10/2010.
(d) The working capital for Teesan Enterprises Ltd.
(a) Define a contract.
(b) State and explain four reasons for consumer protection.
(a) What is second-tier security market?
(b) Discuss four advantages of the second-tier security market.
(c) State five requirements for trading in a second-tier security market.
(a) Briefly state and explain four ways in which marketing is important to a business.
(b) List and explain four promotional tools Jones Ltd could use.
(a) Draw up an organisational chart of Adama’s Pure Water Production Ltd.
(b) Briefly state two functions each of the following departments of the company:
(i)Accounts (ii) Administration (iii) Marketing (iv) Production
In a tabular form, state the differences between public enterprise and public company.
(a) Discuss any five factors to be considered by Mr. Touray in locating his shop.
(b) Explain five ways a wholesaler can aid Mr. Touray’s business.
(a) List and explain two factors that limit the application of division of labour.
(b) Enumerate two disadvantages of division of labour.
(c) Discuss five advantages of division of labour.
The minimum lending rate of a bank is a component of its
- A. current assets
- B. debit balances
- C. credit balance
- D. fixed assets
Labour as an input in production can be motivated by
- A. training
- B. profit
- C. remuneration
- D. promotion
Which of the following is a legal tender?
- A. Cheque
- B. Travellers cheque
- C. Bank note
- D. Goldsmith receipt
The purpose of commercialization is to?
- A. encourage the participation of the private sector
- B. make state-owned firms more efficient
- C. encourage the flow of foreign capital
- D. enable state-owned firms pay tax
The concern of a marketing manager whose company has adopted the marketing mix concept is to?
- A. recruit more
- B. make maximum profit
- C. identify and satisfy customers needs
- D. maintain the company's share of the market
The inter bank indebtedness is settled at the
- A. clearing house
- B. money market
- C. discount house
- D. stock exchange
the time allowed for loading and unloading a ship at the harbour is?
- A. demurrage
- B. tenure
- C. lay days
- D. dead freight
one of the aims of the European union is to?
- A. ease trade among member countries
- B. enhance better trade with Africa
- C. enhance free trade with America
- D. offer financial assistance to poor countries
A system of issueing new shares to selected investors instead of the general public is?
- A. public offer
- B. issue by tender
- C. offer for sale
- D. private placement
A company is qouted on the stock exchange when its shares are?
- A. put under private payment
- B. not for sale to the public
- C. listed for sale on the exchange
- D. owned by the government