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Business Studies Form 2 Question Paper

Business Studies Form 2

Course:Secondary Level

Exam Year:2005

DANDORA SECONDARY SCHOOL
TERM 3-2005

FORM 2 BUSINESS STUDIES
END OF YEAR EXAMS

1. List five disadvantages of sole proprietorship. (5mks)

2. Give five reasons for the involvement of the government in business activities. (5mks)

3. For each of the following postal services, state the circumstances under which an organization would use the service. (6mks)

i. Postal restante
ii. Business reply service
iii. Registration of letter

4. Highlight five causes of breakdown in communication. (5mks)

5. Business studies is not only important to an individual who acquires business knowledge and skills but also to the society. List four ways in which it is important to the society. (4mks)

6. A business should have social responsibility to the society. Give four ways in which its socially responsible to the employees. (4mks)

7. Draw a distinction between the following types of goods. (12mks)
a. Free goods and economic goods
b. Producer goods and consumer goods
c. Perishable goods and durable goods
d. Public goods and private goods
e. Intermediate goods and finished goods
f. Material goods and non-material goods.

8. List four characteristics of a good entrepreneur (4mks)

9. State three ways in which spread of pollution can be reduced. (3mks)

10. State two ways through which the management of a business can assist reduce the spread of AIDS (2mks)

11. Indicate the most appropriate office machine one would use to handle the following situations. (4mks)

a. Needs to produce twenty copies of a map for a meeting in session.
b. Need to produce 300 copies of a document written in different colours for demonstration during a lesson.
c. Need for a postal service which facilitates postal of large volumes and mail delivery.
d. Need to classify, sort, calculate, summarise, record and communicate data faster.

12. Give four differences between whole life policy and an endowment policy. (4mks)

13. Explain the meaning and significance of each of the following terms as used in insurance (10mks)
i. Average clause
ii. Double insurance
iii. Third party insurance
iv. Indemnity
v. Pooling of risks

14. List the stages one has to follow in effecting an insurance policy (5mks)

16. List two circumstances under which a partnership can be dissolved (2mks)

Business Studies Form 2 Question Paper

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