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<=KNEC Craft Certificate in Supply Chain Management Module 1 : Commerce Past Paper July 2019
Give six reasons why a country may find it necessary to control the volume of its imports
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Questions List:
1.
State two ways in which consumers may protect themselves from exploitation by traders
2.
List two fire insurance policies
3.
State four factors that a trader should consider before taking a bank loan
4.
State three features of mail order stalls
5.
State three disadvantages of buying goods on hire-purchase terms
6.
State four functions of an entrepreneur as a factor of production
7.
State three M-banking services offered by banks to account holders
8.
List the information that is contained in a charter party in relation to water transport
9.
List four types of private warehouses
10.
State four factors that have contributed to the rapid growth of savings and credit co-operative societies in Kenya
11.
Explain six roles played by trade in the economy of a country
12.
Explain four advantages that a company may get from being quoted at the securities exchange market.
13.
Give six reasons why some traders prefer to use matatu transport
14.
Outline four ways in which a large-scale maize farmer would benefit from warehousing
15.
Outline six circumstances under which a limited liability company may be dissolved
16.
Explain four benefits of carrying out business activities through E-commerce
17.
Outline six ways in which the Central Bank regulates the activities of the commercial banks.
18.
Explain four benefits of government involvement in business activities in a country
19.
Give six reasons why a country may find it necessary to control the volume of its imports
20.
Explain four advantages of indirect production