Scribd
Upload
15K views3 pages

Business-Studies-Form-1 - WK 2

This document contains a Business Studies Form 1 end of term 1 test with 13 multiple choice and short answer questions. The test covers key terminology related to business concepts like profit-making activities, value addition, and movement of goods from producers to consumers. It also covers disciplines like trade, office work, and economics. Other topics tested include factors that affect business environments, benefits of studying business, distinguishing between resource types, classifying human wants, and defining business terms.

Uploaded by

JOSEPH MWANGI
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
15K views3 pages

Business-Studies-Form-1 - WK 2

This document contains a Business Studies Form 1 end of term 1 test with 13 multiple choice and short answer questions. The test covers key terminology related to business concepts like profit-making activities, value addition, and movement of goods from producers to consumers. It also covers disciplines like trade, office work, and economics. Other topics tested include factors that affect business environments, benefits of studying business, distinguishing between resource types, classifying human wants, and defining business terms.

Uploaded by

JOSEPH MWANGI
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 3

BUSINESS STUDIES FORM 1

END OF TERM 1
ANSWER ALL THE QUESTIONS IN THE SPACES PROVIDED BELOW EACH
QUESTION

1. State the term given to each of the following statements: (4 mks)


(a) Activities carried out with a view of making profit

(b) Increasing the usefulness of a good or service

(c ) Movement of goods from producers to consumers

(d) A person who uses a good or service

2. State the term given to each of the following disciplines. (4mks)


Disciplines Term
(a) Study of trade and aids to trade
(b) Study activities that are carried out in an office
(c) Study of how man strives to satisfy his unlimited
wants using the limited resources.
(d) Study of the process of identifying business
opportunity and acquiring resources to start and run a
business.

3. Below are some factors that affect a business environment. State the business
environment affected by each factor ( indicate micro or macro ) (4mks)
FACTOR ENVIRONMENT
a Economic issues
b Technological Issues
c Marketing capacity
d Business structure

4. Highlight four benefits of business studies to a learner. (4mks)

5. Distinguish between the following terms.


(a) Comforts and luxuries (2mks)

1
(b) Human resources and man made resources. (2mks)

(c ) Renewable resources and Non-renewable resources (2 mks)

6. Outline four ways in which Kenya can use her natural resources economically for
maximum benefit. (4 Marks)

7. Classify the following human wants as either basic or secondary. (3mks)

Need Classification
(i) Security
(ii) Medical care
(iii Shelter
)
(iv) Love
(v) Food
(vi) Education

8. State FOUR reasons why basic wants must be satisfied first before secondary wants
(4mks)

9. Highlight FOUR characteristics of free resources (4mks)

2
10. Name four characteristics of human wants. (4 marks)

11. Classify the following resources as either renewable or non-renewable. Wood coal
sodash, building, stove, wool, silk and Iron. (4mks)

(i)........................................................................... ........................................................................
(ii)......................................................................... ........................................................................
(iii).......................................................................... ........................................................................
(iv)............................................................................. ........................................................................

12. Define the following terms as used in Business Studies.


(4marks)
(i) Extraction

(ii) Processing

(iii) Manufacturing

(iv) Trade

12. Suggest three ways that can be taken to improve human resource (3mks)

13. State four Reasons why choice should be made in satisfying human wants. (4mks)

You might also like