Business Studies Paper 2 Question Paper

Business Studies Paper 2

Course:Secondary Level

Exam Year:2011

a) Explain 5 ways in which the government can encourage entrepreneurial development. 10 marks
b) Explain 5 problems faced in calculating price indices
2. a) Explain five differences between a partnership and a private limited company. 10 marks
b) With aid of a diagram, explain the effect of an increase in supply to the equilibrium price and of a commodity.10 marks
3 a) Explain five functions of the central bank. 10 marks
b) Explain 5 factors that determine the size of a firm. 10 marks
4. a) Describe 4 channels of distribution of exported agricultural products. 10 marks
b) Outline 5 limitations of using GNP per capita in measuring the standards of living. 10 marks
5. a) Explain 5 current trends and emerging issues in the banking industry. 10 marks
b) Explain 5 factors that determine the size of a firm. 10 marks

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