Commerce Past Questions and Answers

Balance of payment deficit may be caused by?

(a) What is E-Commerce<br/>(b) State four advantages and four disadvantages of privatization <br/>

(a) Define communication<br/>(b) List six means of communication in business<br/>(c) In what four ways is communication important to business? <br/>

<i>Explain the following retail outlets: </i><br/>(i) department store (ii) mobile shop (iii) chain store (iv) mail order business (v) supermarket <br/>

(a) State five merits of co-operative societies<br/>(b) Explain five procedure to be followed in the formation of a Private Limited Company