COMMERCE EXAM
STAGE 1
1. State three rewards for labour as a factor of production.
2. Give four reasons why credit cards have become a popular means of payment.
3. List three elements of transport.
4. State three advantages of a free warehouse to a trader.
5. State the type of Insurance policy that on organization may take to cover each of the
following risk.
Risk
(i) To protect employee against industrial injuries at work place.
(ii) To cover claims by members of the Public against the organization.
(iii) To cover loss of each cash or goods through theft by any of its employees.
6. State three advantages of posters as a means of advertising.
7. List three types of large scale retailers
8. List two classification of International trade.
9. State three merits of M-pesa as a money transfer service.
10. Explain 6 functions of the Nairobi Securities Exchange market.
11. Explain 6 limitations of barber trade.
12. Outline 3 circumstances under which a trade may choose to transport good by air.
13. Name three utility created by production.
14. State 3 circumstances under which a trader may prefer to be paid on cash basis.
15. State 2 differences between Jobbers at Brokers at a securities exchange market.
16. List 3 advantages of using newspapers as a means of advertising.
17. List 2 limitations of using the pipeline as a means of transport.
18. Outline 3 advantages of billboards as a methods of production promotion.
19. Outline 3 differences between goods and services.
20. State 4 benefits of commerce to a society.
STAGE 1
1. State three rewards for labour as a factor of production.
2. Give four reasons why credit cards have become a popular means of payment.
3. List three elements of transport.
4. State three advantages of a free warehouse to a trader.
5. State the type of Insurance policy that on organization may take to cover each of the
following risk.
Risk
(i) To protect employee against industrial injuries at work place.
(ii) To cover claims by members of the Public against the organization.
(iii) To cover loss of each cash or goods through theft by any of its employees.
6. State three advantages of posters as a means of advertising.
7. List three types of large scale retailers
8. List two classification of International trade.
9. State three merits of M-pesa as a money transfer service.
10. Explain 6 functions of the Nairobi Securities Exchange market.
11. Explain 6 limitations of barber trade.
12. Outline 3 circumstances under which a trade may choose to transport good by air.
13. Name three utility created by production.
14. State 3 circumstances under which a trader may prefer to be paid on cash basis.
15. State 2 differences between Jobbers at Brokers at a securities exchange market.
16. List 3 advantages of using newspapers as a means of advertising.
17. List 2 limitations of using the pipeline as a means of transport.
18. Outline 3 advantages of billboards as a methods of production promotion.
19. Outline 3 differences between goods and services.
20. State 4 benefits of commerce to a society.
