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Form One Business Studies End Term Examination Question Paper

Form One Business Studies End Term Examination

Course:Secondary Level

Exam Year:2011

KAROTI GIRLS HIGH SCHOOL,
P.O. BOX 251,KERUGOYA.
FORM 1 END-TERM EXAMINATION
TERM TWO-YEAR 2011

BUSINESS STUDIES PAPER.
TIME:TWO HOURS

NAME:........CLASS:.......ADM. NO:......

INSTRUCTIONS:
Answer all questions in the spaces provided.

1. State the term given to each of the following statements (10 marks)
STATEMENT TERM
i) Limited supply of
goods

ii) Next best forgone
alternative

iii) Activity carried out with
a view of making profit

iv) Study of trade and aids
to trade

v) Increasing usefulness of
a good

2. List five examples of macro-environment that affect the operation of a business (10 marks)

3. Classify the following items as either basic or secondary wants (10 marks)

a.) A biscuit
b.) Air
c.) A car
d.) A staple food
e.) Tourism

4. a.) Distinguish between renewable and non-renewable resources (4 marks)

b.) Classify the following as either renewable or non-renewable resource (6 marks)

i)Forest
ii) Oil fields
iii) Clothes

5. List five characteristics of human wants (10 marks)

6. Outline five characteristics of economic resources (10 marks)

_
7. Highlight the advantages of indirect production in a country
(10 marks)

8. Classify each of the following activities into its appropriate level of production (10 marks)

i) Harvesting millet

ii) Hair dressing

iii) Banking

iv) Soda processing

v) Driving a matatu

9. State five characteristics of labour as a factor of production (10 marks)

10. List five qualities of a good entrepreneur (10 marks)

Form One Business Studies End Term Examination Question Paper

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