*BUSINESS MANAGEMENT* TRIAL QUESTIONS What is market segmentation? State five benefits that a company can derive from market segmentation. Define grapevine. Explain two disadvantages of grapevine. What is production planning? Explain four factors that affect efficiency of labour. Explain the following terms: i. Bill of exchange ii. promissory note iii. Cheque Explain four reasons why a cheque may be dishonoured. Explain three uses of information to business. Explain the term debenture. Outline any two rights that a debenture holder may have. What is meant by centralization? List three disadvantages of centralization. Outline four ways by which a manager can make delegation effective. Discuss three advantages of collective bargaining. State four reasons why business organizations must undertake planning. Outline four characteristics of entrepreneurship. Explain four advantages of specialization *Mr Joe 0592976296 2.2K views08:26
