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MARANDA HIGH SCHOOL
BUSINESS STUDIES EXAMINATION
END TERM ONE 2018
FORM ONE
TIME: 2 HOURS
INSTRUCTIONS
- Attempt all the questions in the spaces provided
- State five areas of Business studies (5marks)
- List four rewards of labour as a factor of production (4marks)
- Below are some factors that influence the operations of a business. Indicate whether the factor is associated with Micro-environment or Macro-environment (5marks)
| Factor | Environment |
| a) Demographic | |
| b) Personnel | |
| c) Competitors | |
| d) Business resources | |
| e) Business culture | |
- Outline four characteristics of basic wants. (4 mks)
- State four importance of entrepreneurship to an economy (4marks)
- State the type of utility that match with with the appropriate activity. (4 mks)
| Activity | Utility |
| a) Selling bread to a student | |
| b) Keeping money in the bank | |
| c) Making fruit salad from various ingredients | |
| d) Delivering milk to a customer | |
- Define the following terms as used in the business studies. (4 mks)
- Renewable resources
- Non-renewable resources
- Give four business resources (4marks)
- List four personal considerations factors that are considered while carrying out business evaluation opportunity (4marks)
- State four examples of Aids to trade (4 marks)
- Outline four characteristics of economic resources (4marks)
- State four contents of business plan (4marks)
- Highlight four characteristics of capital as a factor of production (4marks)
- State four positive external environmental factors (4marks)
- List four sources of business idea (4marks)
- Give four classification of goods and services in an economy (4marks)
- Outline four factors that encourage entrepreneurial practices in Kenya (4marks)
