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Questions in business

📝 Answered - An employee is chewing gum when she arrives to her shift. Under what circumstance may the manager allow her to chew gum? A. If she wears single-use gloves B. If she does not handle ready-to-eat foods C. If she does not blow bubbles with the gum D. If she only chews the gum in the break room

📝 Answered - DATE: July, 2025 TIME: 1 HOUR INSTRUCTIONS: ANSWER ALL QUESTIONS 1. a) Define the following terms as used in economics of education. (6 Marks) i) Investment. ii) Demand for education. iii) Consumption. b) Briefly explain six major ways of financing secondary education in Kenya. (6 Marks) c) Suggest any four measures that may be taken to reduce educated unemployment in Kenya. (4 Marks) d) Explain four roles of educational planning. (4 Marks) e) Mention five factors that influence the supply of education. (5 Marks) f) List four methods of evaluating efficiency in education. (4 Marks) g) List three social costs of education. (3 Marks)

📝 Answered - An endorsement that makes a check payable to a specific party is known as what? A. Blank Endorsement

📝 Answered - Alex works in a company with a culture of cutting corners to meet targets. Alex considers honesty and responsibility as his core values. When faced with a situation where he is asked to falsify a report to meet a target, Alex decides to report the inaccurate numbers. WHICH paradigm would he most likely have used to guide his unethical decision? A) Ethical egoism B) Emotivism C) Utilitarianism D) Principle-centered ethics

📝 Answered - In a business, the person with the role of initiator participates in the buying process by A. placing an order B. identifying a need C. controlling the flow of information D. specifying requirements

📝 Answered - Someone in an organization recognizes a need. What should be the next step in the business buying process? A. Someone negotiates with suppliers. B. Someone sets criteria for meeting the need. C. Someone evaluates the profitability of the purchase. D. Someone is given responsibility for deciding how to meet the need.

📝 Answered - Which two insurance products are commonly used to fund buy-sell agreements? A. Life insurance and disability insurance. B. Life insurance and deferred compensation. C. Disability insurance and deferred compensation. D. Disability insurance and Long-Term Care insurance.

📝 Answered - To interpret research data and arrive at useful recommendations, researchers return to the original research question and A. secondary data B. focus groups C. marketing problem D. primary data

📝 Answered - What is most similar to a brand name product?

📝 Answered - If you just pay the minimum payment on a credit card each month, you will be able to pay it off quickly. True or False