End Term 2 Exam Form 1

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SHINESTAR HIGH SCHOOL

END TERM II 2023 EXAMS-FORM 1 BUSINESS STUDIES


Instructions: Attempt all the questions within the spaces provided.
Name …………………………………………………………….Adm No:…………...Class…….Time:2hrs
1. Give four reasons as to why Business Studies is taught in school. 4 marks)

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2. List the four factors of production and the reward for each. (4 marks)
Factor of production Reward
a
b
c
d
3. State four features of economic resources.( 4marks)
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4. In the table below, give four differences between goods and services(4 marks)
Goods Services
a

5. State whether the following fall within the external or internal environment of a business.( 4marks)
a) Changes in government rules and regulations……………………………………..
b) The business structure……………………………………..
c) Emergence of competition……………………………………..
d) Amount of capital available…………………………………….
6. Identify the level of production unto which the following business organizations fall into. (4 marks)
a) Civicon contractors-a construction company………………………….
b) Safaricom ltd, a telecommunication company………………………………………
c) Base titanium, a mining company………………………………………………..
d) Masters, a supermarket…………………………………………………………….
7. Outline four benefits of entrepreneurship to our country (4 marks)
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8. Identify four factors considered while evaluating a business opportunity.(4 marks)


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9. Give four roles played by an entrepreneur as a factor of production. (4 marks)


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10. Give four advantages of open office layouts over enclosed office layouts. (4 marks)
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11. Outline four reasons for filing of documents. (4 marks)


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12. Highlight four measures that may be taken to safeguard organizations property. (4 marks)
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13. Identify the office equipment that would be used for the following office activities. (4 marks)
a) For trimming documents into the required shapes and sizes………………………………………
b) For recording information to be retrieved later for their receivers. ……………………………
c) For printing postage impressions onto envelopes to facilitate mailing…………………………
d) For cutting unwanted documents into tiny ………………………………………
14. State four reasons as to why a firm should acquire office equipment. (4 marks)
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15. Identify four current trends in office management. (4 marks)


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16. Give four factors to consider while choosing office equipment.(4 marks)
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17. State four problems encountered in the process of satisfying human wants. (4 marks)
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18. Identify one function of each of the following office staff. (4 marks)
a) A company secretary……………………………………………………………………………………...
b) A receptionist……………………………………………………………………………………………….
c) A personal secretary……………………………………………………………………………………….
d) An office clerk……………………………………………………………………………………………….
19. Visitors of Sai Rock hotel have been complaining about lack of office etiquette from their employees. Identify four things
they should correct on. (4 marks)

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20. Identify four uses a computer may be acquired for in an organization. (4 marks)
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21. Give four advantages of buying and selling over the internet(4 marks)
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22. Give four benefits derived from division of labor and specialization(4 marks)
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23. Give four reasons as to why firms should observe ethics(4 marks)
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24. Give four characteristics of successful entrepreneurs(4 marks)


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25. List four factors considered while choosing a method of production of office documents. (4 marks)
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