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Form 3 Business Studies paper 2 questions and answers

Explain five unique characteristics of services.

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Questions/Lessons on this topic:

1. Explain five unique characteristics of services. ()
2. The government of Kenya has been involving herself in business. Explain five method of government involvement in business. ()
3. Bidii electronic ltd has been considering adopting personal selling for its product promotion. Advise the company on five circumstances under which this method would be the most appropriate. ()
4. Motor cycle mode of transport has become very popular in the recent past. Explain five factors that have contributed to this popularity. ()
5. Explain five advantages of carrying out trade activities through E-commerce ()
6. Mumias sugar ltd is considered to a very large firm in east Africa. Explain five reasons justifying this statement. ()
7. Explain the procedure of obtaining an insurance policy. ()
8. population comprising mostly of young people is faced with some challenges. Explain five of such challenges ()
9. Safaricom Ltd has successfully operated a business in Kenya making a huge profit. Explain five causes of its business success. ()
10. Explain five measures that government may take to encourage establishment of industries in rural areas. ()
11. The oil pipeline has been recently extended from Nairobi to western Kenya. Explain five benefits that may accrue to the country from this extension. ()
12. Explain four factors that may influence the choice of distribution channel. ()
13. Outline the benefit that saving and credit cooperative society provide to members. ()
14. Explain five ways in which warehousing facilitate trade. ()
15. Describe the procedure involved in personal selling method of sales promotion. ()
16. Highlight five measures Kenya government may put in place to reduce unemployment. ()
17. Explain five mode trends in the banking industry in Kenya. ()
18. Under what circumstances will an exporter prefer air transport to water transport? ()
19. Explain five reasons that justify insurance as an aid to trade ()
20. Explain five problems facing small scale businesses in Kenya ()
21. Discuss five factors that determine the amount of premium to be charged against policy ()
22. Highlight six problems a manufacturer is likely to face when the wholesalers is eliminated from the chain of distribution ()
23. Give four differences between corporations and savings and credit co-operative societies ()
24. Explain five factors considered in choosing viable investment to undertake ()
25. Explain five methods initiated by the government inorder to protect consumers ()
26. Explain five factors that may lead to decline of supply of a certain commodity ()
27. Explain five benefits that a country derives from transporting oil by pipeline ()
28. Explain five uses of national income statistics in an economy ()