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KCSE business studies paper 1 revision questions and answers set 4

KCSE business studies paper 1 revision questions and answers set 4

Lessons (23)

• 1.    The table below describes some terminologies used in Business studies.identify the terms given to each statement. a)Activities carried out with a view of making profit b)Increasing the usefulness of goods or services c)Movement of goods from producers to consumers d)A person who uses a good or a service
  2m 2s

• 2.    State four factors that an entrepreneur would consider before investing in a business opportunity
  3m 10s

• 3.    Outline four measures that may be taken by an office to safeguard the property of the organization.
  1m 41s

• 4.    Outline four features of departmental store
  1m 46s

• 5.    Outline four contents of the articles of association as a document required by registrar of companies
  1m 31s

• 6.    State four reasons why consumers need protection from unscrupulous traders
  1m 54s

• 7.    One of the flagship projects by the Kenyan Government is LAPSSET and standard Gauge Railway (SGR). Outline four benefits of the new railway line to the Kenyan economy
  2m 20s

• 8.    Highlight four limitations of a siren as a means of communication
  1m 10s

• 9.    State four benefits of bonded warehouse to the government
  1m 43s

• 10.    Give any four contents of cover note
  1m 26s

• 11.    The descriptions stated below refer to various methods of advertisements. For each description, give the method that best matches it. a)Any mention of a person/firm or product in the mass media b)Presentation of a commodity to the prospective buyers , face to face by sales person with an aim of making sales c)Process of information with a view of creating, promoting or maintaining good will and
  2m 36s

• 12.    Identify what is represented by the letters W,X,Y and Z in the diagram below
  1m 50s

• 13.    The table below shows the growth rate of gross domestic product (GDP) of a certain country for two years 2003-6.5% 2005-2.0% Highlight four circumstances under which the standards of living of the citizens of the country referred to above may not necessarily have been lower in 2005 than 2003
  3m 3s

• 14.    Outline four features of a monopoly market structure
  1m 25s

• 15.    Highlight four reasons why many governments discourage localization of firms
  4m 37s

• 16.    Giving an example in each case, define the following terms
  1m 23s

• 17.    A resource is something that is used by a business to achieve an objective. Identify four resources available in a business
  0m 52s

• 18.    Highlight four merits of current account to the account holder
  1m 47s

• 19.    Outline four reasons why the government may impose trade restrictions on her trading activities.
  3m 39s

• 20.    The following transactions were carried out by ushirika stores during the month of july 2012. July 1: started a business with sh 10,000 in cash July 2: Opened a bank account for the business by depositing sh 20000 from personal saving July 10: bought goods worth sh. 10,000 and paid by cheque July 20: sold goods worth sh. 20,000 which were paid by cheque Task: Record the above transactions in the
  13m 53s

• 21.    Outline four causes of cost-push inflation in any country
  1m 10s

• 22.    Highlight four reasons why the Kenyan government impose tax.
  1m 43s

• 23.    Identify four goals of development
  1m 46s