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2015 KCSE Kajiado County Joint Examination

Business Studies Paper 2

1.

a) Outline Differences between commercial banks and non-bank financial institutions (10 marks)
b) State cirmustances under which cash terms may be used. (10 marks)

20 marks

2.

a) Explain the challenges encountered in the determination of consumer price index. (CPI) (8 marks)
b) State and explain factors to consider when choosing a channel of distribution. (12 marks)

20 marks

3.

a) Explain factors influencing on what goods/services to produce (10 marks)
b) Outline uses of general journal. (4 marks)

20 marks

4.

a) Explain the circumstances under which a country may restrict imports. (10 marks)
b) Outline characteristics of a successful entrepreneurs. (10 marks)

20 marks

5.

a) Outline benefits of warehousing to consumer. (10 marks)

20 marks

6.

a) Explain the roles of insurance in the development of economy. (10 marks)
b) Outline the reasons for compiling income statistics. (10 marks)

20 marks

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