Answers

(a) Distinguish between trade and commerce. (b) Describe five different activities engaged in by people in commercial occupations. …

(a) State four reasons why transport is important to commerce. (b) Explain three advantages and three disadvantages of…

(a) List four types each of: (i) Small scale retailers. (ii) Large scale retailers. (b) Explain four reasons…

(a) State one use of each of the following: (i) Letter of enquiry (ii) Invoice (iii)Advice note (iv)…

(a) State five functions of a chamber of commerce. (b) Explain five functions of a trade association.   …

(a) What is turnover? (b) The following information relates to Mrs. Lulu, a trader.  Goods selling price  N…

(a) Define marketing mix (b) Explain the term marketing concept. (c) List and describe the four elements of…

(a) Explain seven functions of a commercial bank. (b) Explain three types of accounts that are operated in…

(a) What is turnover? (b) The following information relates to Mrs. Lulu, a trader.  Goods selling price  N…

(a) What is turnover? (b) The following information relates to Mrs. Lulu, a trader.  Goods selling price  N…