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Form 3 Business Studies Paper 2 End of Term 3 Exams 2021

Class: Form 3

Subject: Business Studies

Level: High School

Exam Category: Form 3 End Term 3 Exams

Document Type: Pdf


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Exam Summary

Answer ALL Questions
1. a) Describe five features of economic resources (10marks)
b) Explain five internal economies of scale that a firm can enjoy as its scale of production increases. (10marks)
2. a) Explain five important of filing documents in an organization (10marks)
b) Explain five factors that determine the size of a firm (10marks)
3. a) Explain five challenges that may be faced by a producer who sells goods directly to consumers. ( 10 marks)
b) Explain any five limitations of advertising goods in newspapers (10marks)
4a) Explain 5 ways of correcting balance of payment deficit. (10marks)
b)Explain five factors that are likely to lead to high birth rate in Kenya. (10 marks)

5. a) Differentiate between life assurance and property insurance (10marks)
b) Explain five circumstances under which personal selling may be most appropriate. (10 marks)


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