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Form 3 business studies revision questions and answers set 2

Form 3 business studies revision questions and answers set 2

Lessons (22)

• 1.    Outline four reasons that can lead to dissolution of sole proprietorship.
  1m 31s

• 2.    State four characteristics of services.
  1m 12s

• 3.    State four reasons why a trader needs a business plan.
  1m 23s

• 4.    Mention four roles of Nairobi stock exchange.
  0m 55s

• 5.    Outline four reasons why the government may use regulatory measures to protect consumers exploitation.
  1m 39s

• 6.    Outline four methods that can be used to solve unemployment problem in Kenya.
  3m 0s

• 7.    Outline four roles of good filling system.
  1m 16s

• 8.    Under what circumstances would a trader prefer to use cash as a means of payment rather than a cheque.
  1m 38s

• 9.    State the type of insurance policies as explained by the following statements. a) It covers employees who may suffer injuries while on official duty b) Protect one from dishonest employees c) Covers losses caused by vehicles to other people, other property and other vehicles d) Covers ship against loss or damage while at sea
  1m 18s

• 10.    The economy of the country has grown at the rate of 10% per annum for the last three years. However , the standard of living among citizens has not changed. Outline four reasons that may account for this trend.
  1m 30s

• 11.    Give reasons to justify existence of small firms in economy.
  1m 25s

• 12.    State four reasons that may limit the use of modern technology in business.
  1m 30s

• 13.    State four difficulties faced in satisfaction of human wants.
  1m 4s

• 14.    Classify the following items as either basic or secondary wants. i) Drinking water ii) Shoes iii) Education iv) Entertainment
  1m 10s

• 15.    State four features of monopolistic competition.
  1m 26s

• 16.    State four ways in which office documents can be reproduced.
  0m 25s

• 17.    Personal selling is an important tool of product promotion. State five circumstances under which personal selling would be effective.
  1m 47s

• 18.    State four benefit of locating a business close to where others are located.
  2m 2s

• 19.    State four features of a supermarket.
  1m 19s

• 20.    state four reasons why government issues licenses to business in the country.
  1m 16s

• 21.    State four disadvantages of using credit card when paying for goods.
  1m 25s

• 22.    State four reasons for popularity of “bodaboda” as means of transport.
  0m 58s