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Form 1 business studies revision questions and answers set 2

Form 1 business studies revision questions and answers set 2

Lessons (25)

• 1.    Give four characteristics of an entrepreneur.
  1m 42s

• 2.    State four disadvantages of specialization of work.
  1m 49s

• 3.    Outline four ways in which the utility of a product may be improved
  1m 38s

• 4.    Highlight four services of retailers to consumers
  1m 48s

• 5.    State four trends in modern office management
  1m 53s

• 6.    Name five categories of groups that a business is socially responsible to.
  1m 9s

• 7.    State four types of business activities
  0m 45s

• 8.    Outline four characteristics of human wants
  2m 29s

• 9.    Give four advantages of using office machines
  1m 44s

• 10.    State four reasons why a business plan is important
  2m 54s

• 11.    List four factors of production and their rewards
  1m 0s

• 12.    Stephen started a business but after six months the business collapsed. Give four reasons that may account for this failure.
  2m 1s

• 13.    State two examples of the following a) Basic wants b) Secondary wants
  0m 31s

• 14.    Outline four advantages of itinerant traders.
  1m 56s

• 15.    Name four sources of business ideas
  1m 50s

• 16.    Outline four advantages of an enclosed office layout
  1m 37s

• 17.    State any four features of indirect production
  1m 45s

• 18.    Highlight four disadvantages of using a computer in the office
  2m 41s

• 19.    State the term given to each of the following statements. a)Activities carried out with a view of making a profit b)Increasing the usefulness of goods and services c)A person who uses goods or services d)Study of how human beings strive to satisfy their endless wants using scarce economic resources
  1m 22s

• 20.    State four ways in which consumers are exploited
  1m 21s

• 21.    Highlight four factors one should consider when selecting office equipment
  2m 44s

• 22.    Give four differences between goods and services
  2m 8s

• 23.    Explain four factors of an electronic filing system
  1m 22s

• 24.    Define the following terms as used in business studies a)Internet b)Intranet c)Website d) Teleconferencing.
  2m 20s

• 25.    Outline four benefits that hawkers may have over shopkeepers
  1m 53s