Questions

1.a)Explain the role played by the Jua Kali sector in the development of Kenya today10mks

b)Explain the problems experienced by cooperative societies.10mks

2.a)Discuss the factors that may influence the growth of a business unit.10mks

b)Discuss the factors that you would consider when choosing the mode of transport.10mks

3.a)The following information relates to demand and supply schedule for good.

Price per unit (Kshs.)Quantity demandedQuantity supplied.

701001000

60500800

50500400

30 800400

20900300

101000100

i)On the graph paper provided, draw the demand and supply curve on the same graph

and determine equilibrium price and quantity.10mks

ii)What would happen if the price of good X was increased from shs. 50 to shs. 70.Explain.2mks

iii)What would happen if the price of good X was decreased from shs. 50 to shs. 10.Explain.2mks

b)Outline the disadvantages if sole proprietorship.6mks

1. a)Explain the differences between private limited company and public limited

company.10mks

b)Explain the role played by warehousing as an aid to trade among others.10mks

1. a)Explain the problems thatKenya experiences due to concentration of industries

in the urban centres.10mks

b)Discuss the main functions of the accounts department in any business enterprise.

10mks

1. a)Discuss the main factors that influence the demand for a particular good or service.

10mks

b)Explain the factors to consider when choosing means of communication.10mks