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Form 1 Business Studies End of Term 3 Examination 2021

Class: Form 1

Subject: Business Studies

Level: High School

Exam Category: Form 1 End Term 3 Exams

Document Type: Pdf

Views: 1218 Downloads: 23

Exam Summary

TUTORKE EXAMS
Name……………………………………………………………. Adm No………………
School……………………………………………………………Signature…………….
Date…………………………………………

BUSINESS STUDIES
TIME: 2 HRS
END TERM 3 FORM 1

1. Define the following terms
a. Distribution (1 Mks)

b. Commerce: (1 Mks)

c. Entrepreneurship: (1 Mks)

d. Production: (1 Mks)

2. List four importance’s of business studies in the society (5 Mks)

3. From the statements below indicate the type of utility provided by the activities (4 Mks)

4. Outline five internal business environments that affect business (5 Mks)

5. From the following sentences, indicate the type of business activities (4 Mks)

6. List five characteristics of labour as a factor of production (5 Mks)

7. Indicate with a tick whether the resources listed below as either renewable or non-renewable (5 Mks).

8. Outline five benefits that a business would get by using modern technology in its operations (4` Mks)

9. Highlight five characteristics of human wants (5 Mks)

10. Outline five differences between goods and services (5 Mks)

11. Classify the following items into either basic wants or secondary wants (4Mks)
(a) Furniture : _________________________
(b) Medical care: _________________________
(c) Milk _________________________
d) shelter: _________________________

12. Name the office equipment’s that function the following uses (5 Mks)
a. To make holes in papers for filing:__________________________________
b. Folding documents, place them in envelopes: _________________________
c. To make copies of documents: _____________________________________
d. Adding and subtracting figures: ____________________________________
e. Cutting unwanted documents into tiny pieces for disposal: _________________________

13. Outline five importances of entrepreneurship in Kenya (5Mks)

14. List five characteristics of direct production (5 Mks)

15. List the rewards for the following factors of production (4 Mks)
a. Land ………………………………..
b. Labour: ……………………………….
c. Capital: ………………………………
d. Entrepreneurship: ……………………………….

16. Outline five disadvantages of using a photocopier in an office (5 Mks)

17. Highlight five advantages of division of labour and specialization (5Mks)

18. List fiver factors to consider when selecting office equipment’s (5 Mks)

19. List five emerging trends in office management and practice (5 Mks)

20. Outline four reasons why business people must prepare a business plan (4 Mks)

21. Outline four characteristics of economic resources. (4 Mks)

22. List four causes of business failure (4 Mks)

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