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Lugulu Girls High School Business Studies Paper 1 Question Paper

Lugulu Girls High School Business Studies Paper 1

Course:Secondary Level

Exam Year:2006

1.state four advantages of insurance(4mks)
2.list four items of information contained in the articles of association of a company(4mks)
3.highlight four uses of a balance sheet(4mks)
4.state four advantages of localization of industry in an area(4mks)
5.state four advantages of telephone as ameans of communication(4mks)
6.list four methods of determining prices apart from price mechanism(4mks)
7.state whether each of the following transactions will increase ,decrease or have no effect on balance sheet totals(4mks)
(a)paying a creditor in cash
(b)buying a motor van on credit
(c)depositing additional money into business bank account
(d)a debtor paid by cheque
8.outline four measures that the government of Kenya may undertake to reduce road accidents in the country(4mks)
9.with the aid of a diagram ,briefly describe what happens to the Equillibrium point following an increase in demand under normal supply situations(4mks)
10.state four internal economies of scale that can be enjoyed by a firm(4mks)
11.write the meaning of the following terms(4mks)
(a)fertility rate
(b)life expectancy
(c)natural increase
(d)dependancy ratio
12.outline four problems associated with unemployment(4mks)
,13.outline four disadvantages of advertisement to a consumer(4mks)
14.(I) The price of wheat increased from sh.2000 to sh.3000 per bag.This led to a decline in from 20,000 units to 4000 units calculate the price elasticity of demand(2mks)
(II)The price of mangoes rose from sh.1000 to sh 1500 per bag .The quantity supplied changed from 3000 units to 6000 units .calculate the price elasticity of supply(2mks)
15.outline four problems associated with youthful population(4mks)
16.outline four conditions a risk has to fulfil for it to be insurable(4mks)
17.list four functions of management(4mks)
18.name four channels that a manufacturer would use to distribute his goods to the consumers(4mks)
19.state four elements of transport(4mks)
20.outline four functions of an office(4mks)
21.state four factors that may lead to an increase in the market supply of a product(4mks)
22.highlight four factors considered in determining premiums in the polocies(4mks)
23.highlight four unethical practices in a product promo tion activity(4mks)
24.mention four factors that hinder communication(4mks)
25.write the following abbreviations in full
(a)T.L.B
(b)K.E.T.A
(c)K.P.L.C
(d)KEBS

Lugulu Girls High School Business Studies Paper 1 Question Paper

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