Form Three April BST 2024
Form Three April BST 2024
: …………
BUSINESS STUDIES
APRIL 2024
TIME: 2 HOURS
QUESTION NO. 1 2 3 4 5 6 7 8 9 10 11 12 13
MARKS
QUESTION NO. 14 15 16 17 18 19 20 21 22 23 24 25
MARKS
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Instructions: Answer all questions
1. Give four macro-environmental factors that will lead to business success. (4 mks)
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2. Give four reasons why it is difficult to satisfy human wants. (4 mks)
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3. Identify four types of warehouses. (4 mks)
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4. State four principles of insurance. (4 mks)
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5. Daudi sold crates of soda to Otis at sh1000. He gave him a quantity discount of 10%. He
also gave him a cash disounts of : . (4 mks)
…10% if payment was made before 1 week
5% if payment was made after 2 weeks
2% if payment was made after 1 month
Otis made payment by the end of 2nd week . Calculate
i Quantity discount. (1mk)
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13. A business opportunity exist where there are gaps in the needs of the market. Outline
four such gaps (4
mks)
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14. Highlight four circumstances under which personal selling is appropriate . (4 mks)
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15. Identify four sources of capital for partnership . (4 mks)
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16. State four essential elements of effective communication . (4 mks)
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17. List four factors to consider when selecting an office equipment . (4 mks)
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18.State four importance of learning business studies to a student . (4 mks)
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19.Give four roles that a broker plays in the distribution of goods (4 mks)
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22.State four reasons for government involvement in business .(4 mks)
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25.With the aid of diagram ,explain four different ways in which a commercial farmer in
kenya can be able to sell products to the customers . (4 mks)
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