SAMPLE QUESTIONS
(b) What measures can be taken by business entrepreneurs to ensure quality production.
(c) Explain reasons for carrying out market research
(b) Why is it necessary for an entrepreneur to carryout market assessment?
(b) Identify the likely challenges faced by entrepreneur when conducting market assessment.
(b) Suggest the ways through which market assessment information is collected.
(b) What are the methods used by entrepreneurs when conducting market assessment.
(c) Why is it necessary to carry out sales promotion?
(b) Outline the advantages medium use by entrepreneurs.
(b) Analyze the steps followed when conducting personal selling.
(b) Under what circumstances personal selling may be needed?
(b) Describe the role of a retailer in the distribution of a product.
(b) What are the benefits of good customer care in enterprise?
(c) Explain the manifestations of good customer relations in an enterprise.
(b) Explain the ways through which entrepreneurs price their products.
(b) Explain the factors affecting the price decisions in a business enterprise.
(b) What are the factors determining the target market population.
(c) Examine the challenges faced when identifying the target market.
(b) State the advantages and disadvantages of selling goods on cash basis.
(c) Suggest the ways of ensuring proper cash management.
(b) Under what circumstances may goods be sold on credit.
(c) Suggest the ways of ensuring proper management of credit sales.
(b) What are the challenges faced when carrying out credit selling?
(c) Explain the factors considered before giving goods on credit.
(b) Describe the basis for market segmentation.
(c) Explain the criteria for selecting segmentation basis.
(b) Explain the tools of marketing strategy used in a business.
(b) Outline the characteristics of potential customers.
END
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