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Business Studies Form 1 Term 3 Exam Question Paper

Business Studies Form 1 Term 3 Exam 

Course:Business Studies

Institution: Form 1 question papers

Exam Year:2013



1)State the benefits that a business which engages in division of labour gains over one that does not

2)Describe the factors of production

3)Give the four types of utility

4)Outline four limitations of specialisation

5)Explain four roles of an entrepreneur in a business

6)Highlight four reasons responsible for the low levels of entrepreneurial activity in certain parts of Kenya

7)Explain how the society can encourage entrepreneurial development

8)Explain four factors that an entrepreneur considers when evaluating business ideas

9)Discuss why businesses should address ethical issues

10)Outline four factors which make the open office layout attractive






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