1a) List six advantages of personal selling as a form of sales promotion. (06marks)
b) Describe the steps that should be followed by an entrepreneur for effective personal selling. (14marks)
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a) What is meant by the term “management tasks” as applied in business. (02marks)
b) Explain any nine management functions in a business. (18marks) -
a) What are business ethics? (02marks)
b) Advise entrepreneurs in your community on any;
(i) four business ethics that they should observe towards government. (08marks)
(ii) five benefits of practicing business ethics towards all stakeholders. (10marks) -
a) Differentiate between the following:
(i) Bank statement and Bank draft. (02marks)
(ii) Credit transfer and standing order. (02marks)
b) Explain the major functions of the central bank. (16marks) -
a) Distinguish between marketing and selling. (02marks)
b) Explain seven common methods of pricing products. (14marks)
c) List four marketing activities carried out by entrepreneurs. (04marks)