Business Studies Form Three Question Paper

Business Studies Form Three

Course:Business Studies

Institution: Form 3 question papers

Exam Year:2008

BUSINESS STUDIES
1. Enumerate four disadvantages of pipeline as a means of transport. (4mks)

2. Name two examples of each of the following types of economic resources (8mks)
i. Natural resources
ii. Man made resources
iii. Human resources
iv. Renewable resources

3. highlight four circumstances under which a firm may prefer to establish an open office layout. (4mks)

4. Name the subjects involved in the study of business studies. (6mks)

5. Explain at least two functions of various departments in a business organization. (10mks)

6. Outline the problems experienced by owners of warehouses in Kenya. (5mks)

7. Outline six reasons why enterprises may consider to market their imported products direct to consumers. (12mks)

8. With the aid of a well labelled diagram explain the differences between demand curve of a firm under perfect competition and monopoly. (10mks)

9. Outline four reasons for government involvement in business activities. (4mks)

10. State six factors that affect price elasticity of supply. (6mks)

11. State four ways in which business studies is important to the society. (4mks)

12. State five factors of production and their payments. (10mks)

13. State five sources from which an entrepreneur may find out what the product or services the business may sell. (5mks)

14. State four features of economic resources. (4mks)

15. state four features of a small scale retailer. (8mks)

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