1.in the spaces provided below, indicate with a tick whether each of the following statements related to preferences or ordinary shared. (3mks)

2. Outline four advantages of large business organizations. (4mks)

3.Outline four features of trade credit as a source of finance (4mks)

4. State four reasons why a government may find it necessary to nationalize some industries. (4mks)

5. in the spaces provided name the type of business organization described by each of the

6. Outline four measures that can be taken to improve efficiency of parastatals in Kenya. (4mks)

7.Outline four ways in which a savings and credit co - operative society can raise capital. (4mks) 8.Outline four features of a private company (4mks)

9.Outline four features of a private company (4mks)

10. List four sources of short - term finance for a business enterprise (4mks)

11. Highlight four disadvantages of cartels to consumers. (4mks)

12. Give five benefits of expanding a business (5mks)

13.Give four benefits of operating a small scale business over a large scale. (4mks)

14. Give 3 disadvantages of railway transport in Kenya.

15. List 4 disadvantages of using containers to transport goods. (4mks)

16.Explain five reasons that may account for continued use of hand carts as a mode of transport in Kenya. (12mks)

17.The oil pipeline has recently been extended from Nairobi to western Kenya. Explain five benefits that may be accounted to the country from the extension. (10mks)

18. Explain five ways in which an efficient road transport system may promote trade within a country. (10mks)

19. Discuss five factors that have hindered the expansion of railway transport in Kenya. (10mks)

20. Explain five features of an efficient transport system (8mks)

21. Explain the advantages of pipeline as a mode of transporting oil products. (12mks)

22.Outline five factors that should be considered when choosing a means of transport. (10mks)

23.Explain six advantages of containerization as a mode of transport. (10mks)

24. Discuss six factors that may discourage the use of pipeline as a means of transporting petroleum products in a country

25. State four ways in which consumers benefits from advertising by business people. (4mks)

26. Give three reasons why manufacturer may offer after sales services to his customers. (3mks)

27. Outline four steps involved in personal selling process. (4mks)

28. State four circumstances under which a trader would advertise his products over the radio instead of the television. (4mks)

29. Identify four disadvantages of advertising through television in Kenya. (4mks)

30. List four disadvantages of advertising through television in Kenya. (4mks)

31. Highlight four limitations of after sales services as a method of promoting products..