Business Studies Paper 1 Question Paper
2015 KCSE Cross Country Mock
Business Studies Paper 1
Mention four methods that countries use to restrict importation of goods. ______________________________________________________________________________
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4 marks
Highlight four limitations of barter system of trade.
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4 marks
Study the following diagram and state the missing terms.
4 marks
Give four reasons why employers are expected to provide their employees with insurance cover.
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4 marks
Highlight four problems that are likely to be faced by a firm as result of expansion of the entire
industry.
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4 marks
State four benefits that Kenya will reap after the completion of theLamu Port &Lamu-South
Sudan-Ethiopia Transport corridor(LAPSSET) project whose construction is underway.
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4 marks
Mention four features of capital as a factor of production.
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4 marks
Outline fourfactors that may contribute to the ineffectiveness of a warehouse. ______________________________________________________________________________
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4 marks
Highlight fourimportanceof subsidiary books.
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4 marks
Enter the following transactions in the relevant ledger accounts
i) Purchased a Delivery van from CMC Motors for sh. 350,000 paying by cheque.
ii) Atieno, a debtor, paid fully her account of sh. 18,000 in cash.
iii) Deposited cash sh. 200,000 in the bank.
iv) Sold goods to Kemboi for sh. 15,000 receiving cash.
4 marks
Highlight four ways through which the physical environment can positively impact a business
performance.
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4 marks
Highlight four differences between monopoly and monopolistic market structures. ______________________________________________________________________________
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4 marks
State four characteristics of a departmental store.
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4 marks
Give the meaning of the following terms as used in business.
a) Franchising.
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b) Check-off system
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c) Amalgamations
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d) Take-overs
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4 marks
Outline fourimportance of national census statistics in an economy. ______________________________________________________________________________
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4 marks
Highlightfour challenges that entrepreneurs face when carrying out business activities. ______________________________________________________________________________
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4 marks
Outline four characteristics of a good tax system.
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4 marks
State four measures a business can put in place to safeguard office property. ______________________________________________________________________________
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4 marks
Highlight four ways in which Kenya Association of Manufacturers (KAM) ensures that their
members do not exploit consumers. ______________________________________________________________________________
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4 marks