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Business Studies Form Three Question Paper

Business Studies Form Three 

Course:Business Studies

Institution: Form 3 question papers

Exam Year:2010



BUSINESS STUDIES
1. State five ways in which prices of goods and services may be determined. (5mks)

2. State four main types of business activities. (4mks)

3. Outline four characteristics of monopoly market. (4mks)

4. State four types of demand. (4mks)

5. State six causes of abnormal demand situations. (6mks)

6. State four causes of business failure in your area. (4mks)

7. Highlight five classes of memorandum of association. (5mks)

8. Outline four factors that influence price elasticity of demand. (4mks)

9. State five main characteristics of land as a factor of production. (5mks)

10. Highlight the role played by the intermediaries in the chain of distribution. (4mks)

11. Give four differences between a merchant trader and a stockist distributor. (4mks)

12. Discuss the role of technology in business. (8mks)

13. Outline five features of a hyper market. (5mks)

14. State five characteristics of human wants. (5mks)

15. State four circumstances when a buyer is required is required to buy using CWO. (4mks)

16. Define and give two examples of each of the following (6mks)
i. Renewable resources
ii. Non-renewable resources

17. Define the term utility. (2mks)

18. State four ways in which consumers may protect themselves from unfair business practices from traders. (4mks)

19. Define a natural resource. (2mks)

20. Name Kenya's five natural resources. (5mks)

21. Explain any five reasons why it is becoming increasingly important for businesses to advertise their products. (10mks)




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