List four components of business studies.

Here are the answers to your questions: 1. List four components of business studies. The components you've listed are correct. i. Economics ii. Commerce iii. Accounting iv. Office Practice 2. Outline four reasons why many business organisations now opt for offices at the outskirts of towns. i. Lower operational costs: Rent and land prices are generally lower outside city centers. ii. Reduced traffic congestion: Easier access for employees and customers, leading to less time wasted in commutes. iii. Availability of larger space: Outskirts often offer more land for expansion, parking, and larger office layouts. iv. Improved working environment: Less noise and pollution compared to busy urban centers can lead to a better atmosphere. 3. Identify four channels that may be used to import cars from Japan to the Kenyan market. i. Japanese Manufacturer → Kenyan Importer/Dealer → Kenyan Consumer ii. Japanese Manufacturer → Japanese Wholesaler → Kenyan Importer/Dealer → Kenyan Consumer iii. Japanese Used Car Auction/Dealer → Kenyan Individual Importer → Kenyan Consumer iv. Japanese Manufacturer → Kenyan Agent/Broker → Kenyan Importer/Dealer → Kenyan Consumer 4. State four features of an underdeveloped economy. i. Low per capita income: The average income of citizens is significantly low. ii. High levels of poverty: A large portion of the population lives below the poverty line. iii. High dependence on the primary sector: The economy relies heavily on agriculture and raw material extraction. iv. Poor infrastructure: Inadequate development of roads, electricity, communication, and other essential services. Send me the next one 📸