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Business Studies Form One Question Paper

Business Studies Form One 

Course:Business Studies

Institution: Form 1 question papers

Exam Year:2009



FRIENDS SCHOOL KAMUSINGA
KIMILILI

FORM 1
BUSINESS STUDIES
TERM 1 APRIL HOLIDAY ASSIGNMENT

• Answer all the questions

1.Explain any ten reasons as to why business studies is important in a country. (10 marks)

2.John is your friend. He lives in a city residential estate where many houses are being built. He completed school some years ago and trained as an electrician. Though he has bought the electrician’s tool kit with the help of his father and has been employed. His father has suggested to hi to start his won business. He is willing to provide John with the money required to start him off. John has come to you for advice.
Explain to John.

(a) Why his father’s suggestion is a good idea.
(b) Why he also needs to take a course in business studies.(10 marks)



3.Explain any five measures taken by a business to ensure it’s environment is conducive to it’s business activities. (5 marks)

4. Explain how he concept of scarcity a rises. (5 marks)

5. Explain the different forms of utility. (5 marks)

6. Discuss the mobility of land as a factor of production. (5 marks)

7. Describe the importance of entrepreneurship to an economy. (5 marks)

8. Outline ten factors that may cause a business to fail. (5 marks)




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