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Form 4 Business Studies paper 1 questions and answers model test paper 4

Outline four measures that may be taken by an office to safeguard the property of the organization.

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Explanation/Answer Text:
-Taking insurance cover
-Employing security guards
-Physical stock taking
-Recording movement and use of property
-Proper repairs/serving and maintenance
Questions/Lessons List

1. The information below describes some terminologies used in Business studies.identify the terms given to each statement. a)Activities carried out with a view of making a profit b)Increasing the usefulness of goods or services c)Movement of goods from producers to consumers d)A person who uses a good or a service ( free lesson)

2. State four factors that an entrepreneur would consider before investing in a business opportunity ( free lesson)

3. Outline four measures that may be taken by an office to safeguard the property of the organization. ( free lesson)

4. Outline four features of departmental store ( free lesson)

5. Outline four contents of the articles of association as a document required by registrar of companies ( free lesson)

6. State four reasons why consumers need protection from unscrupulous traders ( free lesson)

7. One of the flagship projects by the Kenyan Government is LAPSSET and standard Gauge Railway (SGR). Outline four benefits of the new railway line to the Kenyan economy ( free lesson)

8. Highlight four limitations of a siren as a means of communication ( free lesson)

9. State four benefits of bonded warehouse to the government ( free lesson)

10. Give any four contents of cover note ( free lesson)

11. The descriptions stated below refer to various methods of advertisements. For each description, give the method that best matches it. a)Any mention of a person/firm or product in the mass media b)Presentation of a commodity to the prospective buyers , face to face by sales person with an aim of making sales c)Process of information with a view of creating, promoting or maintaining good will ( free lesson)

12. The table below shows the growth rate of gross domestic product (GDP) of a certain country for two years 2003-6.5% 2005-2.0% Highlight four circumstances under which the standards of living of the citizens of the country referred to above may not necessarily have been lower in 2005 than 2003 ( free lesson)

13. Outline four features of a monopoly market structure ( free lesson)

14. Highlight four reasons why many governments discourage localization of firms ( free lesson)

15. Giving an example in each case, define the following terms i)Long term liability ii)Current assets ( free lesson)

16. A resource is something that is used by a business to achieve an objective. Identify four resources available in a business. ( free lesson)

17. Highlight four merits of current account to the account holder ( free lesson)

18. Outline four reasons why the government may impose trade restrictions on her trading activities. ( free lesson)

19. Outline four causes of cost-push inflation in any country ( free lesson)

20. Highlight four reasons why the Kenyan government impose tax. ( free lesson)

21. Identify four goals of development ( free lesson)

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