Commerce Past Questions and Answers

The minimum lending rate of a bank is a component of its

(a) List and explain two factors that limit the application of division of labour.
(b) Enumerate two disadvantages of division of labour.
(c) Discuss five advantages of division of labour.

(a) Discuss any five factors to be considered by Mr. Touray in locating his shop.
(b) Explain five ways a wholesaler can aid Mr. Touray's business.

In a tabular form, state the differences between public enterprise and public company.

(a) Draw up an organisational chart of Adama's Pure Water Production Ltd.
(b) Briefly state two functions each of the following departments of the company:
(i)Accounts (ii) Administration (iii) Marketing (iv) Production