Business Studies Form 1 Question Paper

Business Studies Form 1

Course:Business Studies

Exam Year:2006

Business Studies Form 1.

Answer all the questions

1. Identify the various business disciplines from which business studies as a subject borrows concepts from (4mks)

2. Indicate whether the following business environments affect the macro or micro environment (5mks)

a. Consumers income inflation and tax rate________

b. Organizational culture ________

c. Laws and policies that regulate business activities ________

d. Business structure ________

e. Population change ________

3. State FOUR ways by which a business may increase its profits (4mks)

4. Give FOUR ways through which a business may positively affect the community in which it operates (4mks)

5. Differentiate between goods and services (6mks)

6. State FIVE characteristics of economic resources (5mks)

7. With the help of examples clearly show the three categories of economic resources (6mks)

8. Given below are human wants. List them as either primary or secondary (4mks)

a. Education

b. Food

c. Housing

d. Security

e. Entertainment

f. Clothing

g. Shelter

h. Healthcare

9. Identify the five functions of management explained in each of the following statements: (5mks)

a. A process of determining what is to be done in order to achieve set objectives

b. Setting things to work together smoothly and effectively

c. Making different things relate to one another properly as to achieve a goal

d. Regulating the activities of a business so that they are in kind with what was planned

e. Acquiring and managing of employees in an organization so as to achieve goals

10. State FOUR uses of computers in modern communication (4mks)

11. State five ways in which office documents can be reproduced (5mks)

12. In which department of an organization are you likely to carry out the following activities:- (5mks)

a. Planning and supervision and organisation of staff

b. Recruitment and training of staff

c. Receiving money from customers and keeping records

d. Changing raw materials into finished goods

e. Marketing of organizations product

13. State FOUR decisions necessary to be made to ensure a successful process of planning in an organization (4mks)

14. State FOUR main resources required by an organization (4mks)

15. State three ways in which an organization can reduce environmental pollution (6mks)

16. Otieno is a large scale farmer in Kitale. Indicate how he would categorise the following goods either as consumer or producer goods (5mks)

a. Tractor

b. Car

c. Posho Mill

d. Television

e. Maize seed

17. State five functions of an office (5mks)

18. Give four circumstances that may lead to a gap in the needs of a market which creates a business opportunity (4mks)

19. Identify five factors that may lead to failure of a business (5mks)

20. State the three levels of production and mention activities carried out at each level (6mks)

21. Classify the following resources either as renewable or non-renewable (5mks)

a. Leather

b. Coal

c. Soda ash

d. Natural gas

e. Vehicle

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