Business Studies (Buss 030) Question Paper

Business Studies (Buss 030)

Course:Education

Institution: Kenya Methodist University question papers

Exam Year:2013

TIME : 2 HOURS

INSTRUCTIONS
Answer any three questions
Question One
Discuss five importance of Business studies in society.
(10 Marks)
Explain five advantages of a public limited company.
(10 Marks)

Question Two
Discuss five characteristics of an entrepreneur
(10 Marks)
Assess five factors that one would consider when locating a firm
(10 Marks)

Question Three
Discuss five factors that determine demand for a product.
(10 Marks)
Explain five barriers of effective communication in a business organization.
(10 Marks)

Question Four
Discuss factors of production and their characteristics.
(10 Marks)
Explain the principles of insurance.
(10 marks)

Question Five
Describe the importance of transport to a business.
(10 Marks)
Explain five essentials of a good ware house.
(10 marks)

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