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# Form 3 Business Studies Paper 1 End of Term 1 Exams 2021

Class: Form 3

Level: High School

Exam Category: Grade 3 End Term 1 Exams

Document Type: Pdf

## Exam Summary

TUTORKE EXAMS
School…………………………………………………………………Signature…………….
Date…………………………………………

PAPER 1 565/1
TIME: 2HRS
END-TERM 1 FORM 3
1. List four functions of the entrepreneur as a factor of production. (4 marks)

2. State four circumstances under which the capital of a business may change. (4 marks)

3. Outline four disadvantages of operating a partnership form of business. (4 marks)

4. State four factors that can hasten the economic development of a country. (4 marks)

5. State four services rendered by a wholesaler to a retailer. (4 marks)

6. State four advantages of containerization as a mode of transport. (4 marks)

7. Highlight four uses of journals in a business. (4 marks)

8. Outline four functions of the office in an organization. (4 marks)

9. Mention four circumstances under which an insurance company may re-insure. (4marks)

10. State four problems that may interfere with the effectiveness of face to face communication. (4 marks)

11. State four sources of Government revenue for development expenditure. (4 marks)

12. Highlight four ways in which a firm can improve the productivity of its human resource. (4 marks)

13. State four reasons why some countries are reluctant in implementing free trade agreement. (4 marks)

14. In which four ways are consumers benefiting from warehousing. (4 marks)

15. Highlight four adverse effects of production activities on the environment and community health. (4marks)

16. Highlight four factors that have limited the use of credit cards in Kenya. (4 marks)

17. State four specific duties performed by commercial attachee’s in foreign offices. (4 marks)

18. Highlight four features of open-air market trading. (4marks)

19. State four reasons why new industries tend to be attracted to well- established towns. (4 marks)

20. Highlight four factors that should be considered in choosing a method of distributing agricultural produce. ( 4 marks)

21. The diagram below shows a shift in the supply curve from S0S0 to S1S1.

Identify four factors that could have made the supply curve to shift from S_0S_0 to S_1S_1. (4 marks)

22. Outline four ways in which the insurance industry contributes to the development of Kenya’s economy. (4 marks)

23. In the absence of a written partnership agreement, the provision of the partnership Act will apply. State four such provisions.

24. Outline four negative effects of an ageing population to an economy. (4 marks)

25. State four emotional qualities of an office worker. (4marks)