The Naturalist Approach to criminology has different and sometimes contradictory frames of reference based on different ways of thinking about crime. There are three broad frames of reference, namely: Classical criminology, positivist criminology and the behaviour of criminal law.” George Vold et al (1998) Theoretical Criminology, Oxford University Press. Succinctly, describe the view of each of these frames of reference; and indicate if these frames are or be mutually exclusive April 28, 2018 Read More »
“Traditionally, the focus of trademarks has been the origin or source of goods and services. The focus seems to have shifted to using trademarks to promote or market goods and services.” Discuss this shift in focus, identifying its effect on the enforceability of trademark rights and law reform endeavors April 28, 2018 Read More »
Which of the following is not a positive attribute of risk in a business firm? A. Risk makes businesses to work harder. B. Risk leads to profitability. C. Risk increases creativity in business operations. D. Risk encourages resource conservation and greater level of savings in a business. April 28, 2018 Read More »
The XYZ Company (an all-equity firm) currently has after-tax operating cash flows of Ksh.3.00 per share and pays out 50% of its earnings in dividends. If it expects to keep the same payout ratio, and earn 20% on future investments forever, what will its current price per share be? Assume that the cost of capital is 15%. April 28, 2018 Read More »
It was suggested that if a firm announces its intention to increase its dividends (paid from cash), the price of common stock increases, presumably because the higher dividend payout represents an unambiguous signal to shareholders that anticipated cash flows from investment are permanently higher. A higher level of cash flows is also beneficial to bondholders because it diminishes the profitability of default. If dividends are paid from cash, what does the OPM suggest will happen to the market of debt? April 28, 2018 Read More »
Strategic and financial planning is key to the success of every MFI. Explain how the Fayol’s planning functions can facilitate the success of a Micro Finance Institution. April 28, 2018 Read More »
As a newly appointed manager to a Micro Finance Institution (MFI) that has been facing problems with delinquency management. Write a report to the managing director covering the following: a) Causes of delinquency in MFI’s. (10 Marks) b) How delinquency can be measured (10 Marks) c) Control measures to put in place to manage delinquency and how to deal with delinquent clients. (11 Marks) April 28, 2018 Read More »
Coffee Culture Thrives in the Middle East-Discuss and analyse the most important key points in the above article in the light of factors that affect the demand for coffee. April 28, 2018 Read More »