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Form 1 Business Studies Term 1 Question Paper Question Paper

Form 1 Business Studies Term 1 Question Paper 

Course:Business Studies

Institution: Form 1 question papers

Exam Year:2015



1)State 4 disadvantages of advertising through television in Kenya

2)State 4 conditions which must be met in order for an insurance contract to be valid

3)State the meaning of the following terms as used in economics

A)Scale of preference
B)Opportunity cost
C)Choice
D)Scarcity

4)Define inflation

5)List 4 characteristics of money

6)Explain 3 types of inflation

7)State 4 benefits that an organization would get from replacing typewriters with computers

8)State 4 reasons why business studies is important to a country

9)State 4 measures that a business may take to bring about a healthy and conducive business environment

10)Outline 4 differences between a partnership and a sole proprietorship form of business




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