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Form One Business Studies Question Paper

Form One Business Studies

Course:Secondary Level

Institution: Mock question papers

Exam Year:2012

1. Define business studies
2. Give 5 importance of studying business studies
3. Highlight the 5 branches of business studies
4. Define the following terms as used in business studies
i. Distribution
ii. Production
iii. Consumption
iv. Goods
v. Services
5. Define the term human wants
6. Highlight seven characteristics of human wants
7. Give the characteristics of basic human wants
8. Give four factors that we must satisfy basic human wants fast, prio to secondary human wants
9. Give 6 characteristics of economic resources
10. State 3 broad categories of economic resources
11. Classify the following as either renewable or non renewable
i. Wool
ii. Coal
iii. Natural gas
iv. Vehicle
v. Silk
vi. Leather
12. Give four reasons why we make choice for goods and services
13. Classify the following as either basic human wants or secondary human wants
a. A luxurious house
b. Biscuits
c. Ugali
d. Television set
e. An expensive shoe
14. Define a business
15. Give four purposes of starting a business
16. Give 5 differences between goods and services
100 marks

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