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Business Studies Form 3 Term 2 Question Paper

Business Studies Form 3 Term 2 

Course:Business Studies

Institution: Form 3 question papers

Exam Year:2014



1)Explain 5 roles played by division of labour in the production process

2)Explain 5 factors that cause inflation

3)Outline 4 ways in which the prices of goods and services can be determined in the market other than through the forces of demand and supply

4)Explain 6 advantages of audio visual communication

5)Explain 5 economic benefits that a country may get by joining a common market

6)Describe 5 problems associated with a sole proprietorship form of business

7)Explain the effects of production activities on the environment and community health

8)Discuss 5 factors which may cause an insurance contract to be terminated

9)Differentiate between monopoly and monopolistic competition

10)Discuss 5 circumstances when a manufacturer would find it advisable to distribute his goods through wholesalers




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