Business Studies Form 1 Term 1 Exam Question Paper
Business Studies Form 1 Term 1 Exam
Course:Business Studies
Institution: Form 1 question papers
Exam Year:2014
1)Identify the rewards earned by the various factors of production
2)Explain the role of land as a factor of production
3)Outline 5 roles of an entrepreneur as a factor of production
4)Distinguish between:
a)Direct and indirect production
b)Direct and commercial services
5)Outline the characteristics of an entrepreneur
6)Discuss the importance of evaluating business ideas
7)Explain 4 ways in which entrepreneurs are beneficial to the Kenyan economy
8)Explain how one can come up with business ideas
9)Discuss the notion that money is the most important factor for the success of a business
10)Explain how a business plan is useful to an entrepreneur
11)Explain 4 ways in which entrepreneurial practice can be promoted in Kenya
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