- Define the following terms as used in business studies. (8mks)
- Good
- Services
- Economics
- Accounting
- State four features of a good filing system. (4mks)
- Outline four sources of business ideas. (4mks)
- Give any four business activities. (4mks)
- Highlight four reasons why people engage in business activities. (4mks)
- Mention four types of resources that are important in business. (4mks)
- Fill in the blank spaces below (4mks)
- State four features of supermarket. (4mks)
- Give 5 differences between goods and services. (5mks)
- Mention any four small scale retailers without shops. (4mks)
- Business studies are a wide subject that covers several disciplines. Outline those five disciplines. (5mks)
- Identify any four features of economic resources. (4mks)
- State any four factors to consider when selecting office equipment. (4mks)
- Give four advantages of an open office layout. (4mks)
- Identify any four causes of a business success. (4mks)
- Differentiate the following terms as used in production. (6mks)
- Free goods and economic goods.
- Producer goods and consumer goods.
- Public goods and private goods.
- Mention four factors that hinder geographical mobility of labour. (4mks)
- State four functions of an entrepreneur. (4mks)
Marking Scheme
