Insurance: it helps entrepreneurs to bear the risk involved in business.
Advertising: creates awareness of the existence of goods and encourage consumers to buy or use such goods.
Transportation: this facilitates the movement of goods and services from one place to another.
Communication: this helps in receiving and sending information between the buyer and the seller.
Tourism: this encourages visiting places of interest for business or for pleasure.
5a. Office equipment is tools and machines needed in the office to prepare, reproduce and file documents for the smooth running of the office.
5b. It improves quality of work.
It saves time and energy.
It helps in preserving office/business documents.
It minimizes errors in preparing and recording office information.
It allows for easy retrieving and reproduction of office documents.
5c. Computer: this is an electronic device/machine that accepts data, processes it and gives back results.
Stapler: this is a device used to attach papers together.
Paper clip: this is a small piece of metal that holds paper together.
Filing cabinet: this is equipment used for storing and protecting files and other documents.
Perforator: this is equipment used to neatly create holes in paper before putting them in a file.
6a. Inward mail registers:this is used to record mails and documents that arrive in an organization through the post office, courier, etc. it is used to record mails received in an organization.
Postage book: the postage book records any letter that is dispatched from an organization. It is check to ensure that letters has actually been sent. It helps to keep record of all letters posted.
