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Business Studies Form 1 Mid Term 2 Examination 2019 Version 1

Class: Form 1

Subject: Business Studies

Level: High School

Exam Category: Form 1 Mid Term Exams

Document Type: Pdf

    

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Exam Summary


Business Studies Form 1 Mid Term 2 Examination 2019 Version 1
This file contains questions and the Marking scheme in it. Below is a preview of the questions


Answer ALL the questions in the spaces provided.
1. Name the factor of production that each of the following resources relate to. (5mks)
Resource Factor of production
a) Teacher ___________________________________
b) Computer __________________________________
c) Water ______________________________________
d) Sole proprietor _______________________________
e) Forest ______________________________________
2. Discuss the factors that may influence the growth of a business unit. (10mks)

3.State any four characteristics of human wants (4mks)

4.Name any FOUR factors of production and their respective rewards (4mks)

5.Give any four categories of goods that are suitable for direct distribution from producers to retailers.(4mks)

6.Outline four aspects of demographic environment that influences the operations of business (4marks)

 

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