CLASS: JSS 1 SUBJECT: BUSINESS STUDIES

SECTION A: OBJECTIVES
INSTRUCTION: ANSWER ALL QUESTIONS
1. The punishment given to workers who are irregular and always coming late to work is refer to as ---------
----. (a) promotion (b) sanction (c) frustration (d) depression
2. ------------------- is the means whereby existing products are brought to the attention of consumers. (a)
Warehousing (b) Banking (c) Insurance (d) Advertising
3. ---------------------- gives room for close monitoring of the business by the owner.
(a) Large office (b) Big office (c) Small office (d) Closed office
4. --------------- is a type of trade carried on between two or more countries. (a) Foreign trade (b) Home
trade (c) Import (d) Entrepot
5. --------------- is the re-sending or re-exporting of goods particularly meant for a country. (a) Import
(b) Export (c) Trade (d) Entrepot
6. All these are components of Business Studies except ---------------------- . (a) Banking (b)
Computer Education (c) Book Keeping (d) Keyboarding
7. All the following are attributes of people with right attitude to work except -----------------.
(a) Irregularity (b) Commitment (c) Interest (d) Punctuality
8. --------------- is a news media in Nigeria. (a) Radio (b) Telegram (c) Post office (d) NITEL
9. ------------------ are paid regularly to the insurance company. (a) Premium (b) Broker (c) Bills (d)
Payment
10. All the following are examples of a clerical staff except --------------------.
(a) Bursar (b) Secretary (c) Administrative Manager (d) Account clerk
11. -------------- enables a worker to have free access to the use of office equipment. (a) Open office (b)
Closed office (c) Clear office (d) Bank
12. ----------------- is in charge of staff matters and welfare. (a) Sales department (b) Personnel department
(c) Planning department (d) Transport department
13. The owner of a business is refer to as ---------------------------------------. (a) Entrepreneur
(b) Transporter (c) Accountant (d) Economist
14. Home trade can also be refer to as ------------------. (a) External trade (b) International trade (c) Internal
trade (d) House trade
15. All the following offices exist for the general administration of the school except -----------.
(a) Purchasing Office (b) Vice Principal’s office (c) Principal’s Office (d) Bursar’s Office
16. Tertiary production is concerned with --------------. (a) Extractive (b) Services (c) Manufacturing (d)
Knowledge based services
17. We have ---------------- factors of production. (a) Three (b) Four (c) Five (d) Six
18. ------------- simply means workers who produce goods and services. (a) Labour (b) Land (c) Capital (d)
Organize
19. ----------------- involves selling of goods in small quantities. (a) Bulk (b) Retail (c) Wholesale (d)
Entrepot

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 20. ------------------ is the risk bearer of a business. (a) Capital (b) Labour (c) Entrepreneur (d) Workers
21. The reward for capital is -------------. (a) Promotion (b) Wages (c) Salaries (d) Interest
22. Capital items that can last for a very long time are called -------------. (a) Temporary capital (b) Fixed
capital (c) Labour capital (d) Organized capital
23. Negative attitude to work leads to ------------------. (a) Interest (b) Motivation (c) Depression (d)
Punctuality
24. ------------------ is a type of occupation which consists of people who earn their living by working in
various industries. (a) Service occupation (b) Commercial occupation (c) Industrial occupation (d)
Land occupation
25. Workers who are paid by government for maintenance of law and order are engaged in ----------------
occupation. (a) Indirect (b) Direct (c) Organized (d) Public
26. All the following affects choice of occupation except -----------------. (a) Interest (b) Length of training (c)
Sex composition (d) Technological inactiveness
27. Occupation can be divided into ----------------- broad areas. (a) Three (b) Four (c) Two (d) Eight
28. Trade is divided into --------------- parts. (a) Two (b) Three (c) Four (d) Five
29. ------------ is a free gift of nature. (a) Labour (b) Capital (c) Entrepreneur (d) Land
30. --------------- is in charge of payment of wages and salaries in an organization. (a) Purchasing
department (b) Transport department (c) Accounting department (d) Sales department

SECTION B: THEORY

INSTRUCTION: Answer Question one and any other three

1a. Define Business -----------------------------------------------------------------------------------------------------------------------

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1b. List Four Career opportunities for a Business Studies Student

i. --------------------------------------------------------------------------------
ii. --------------------------------------------------------------------------------
iii. --------------------------------------------------------------------------------
iv. --------------------------------------------------------------------------------

1c. State four importance of Business Studies

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i. ---------------------------------------------------------------------------------------------------------------------------- ii. ---------------
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2a. Define devotion to duty

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2b. State four Rewards of positive attitude to work

i. -----------------------------------------------------------------------------------------------------------------------------ii. ----------------
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2c. Briefly explain the following

i. Sales Department -----------------------------------------------------------------------------------------------------------

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ii. Production Department ---------------------------------------------------------------------------------------------------
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iii. Personnel Department -----------------------------------------------------------------------------------------------------
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iv. Stores Department ----------------------------------------------------------------------------------------------------------
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3a. Define Commerce?

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3b. Mention four importance of commerce

i. ---------------------------------------------------------------------------------------------------------------
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 ii. ---------------------------------------------------------------------------------------------------------------
iii. ---------------------------------------------------------------------------------------------------------------
iv. ---------------------------------------------------------------------------------------------------------------

3c. Briefly explain the following

i. Transportation ---------------------------------------------------------------------------------------------------------------
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ii. Advertising --------------------------------------------------------------------------------------------------------------------
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iii. Insurance ----------------------------------------------------------------------------------------------------------------------
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4a. Who is a Clerical Staff?

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b. State three functions of a clerical staff

i. ------------------------------------------------------------------------------------------------------------------- ii. -------------

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c. State four qualities of a clerical staff

i. --------------------------------------------------------------------------------------------------------------------------

ii. - --------------------------------------------------------------------------------------------------------------------------

Iii.---------------------------------------------------------------------------------------------------------------------------

iv.----------------------------------------------------------------------------------------------------------------------------

5a. What is Trade? --------------------------------------------------------------------------------------------------------------------

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 5b. Complete the diagram below on Trade

Trade

6a. Define Production? -------------------------------------------------------------------------------------------------------------------

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6b. Mention three effects of production on the Environment or Society

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ii. ------------------------------------------------------------------------------------------------------------------------------------
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iii. ------------------------------------------------------------------------------------------------------------------------------------
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6c. List four factors which affects occupation

i. ----------------------------------------------------------------------------------------------------------------
ii. ----------------------------------------------------------------------------------------------------------------
iii. ----------------------------------------------------------------------------------------------------------------
iv. ----------------------------------------------------------------------------------------------------------------

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