Form 3 Business Studies End Term 1 Exam 2023 With Marking Schemes - 2024 KCSE Prediction Mocks- Free Download

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1. State four functions of management directed towards the attainment of objectives. (4mks)

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2. Outline four reasons for collapse of small scale business units (4mks)

3. Highlight four disadvantages of newspapers as a means of advertising (4mks)

4. Give four benefits that Kenya would get if the government encourages the location of businesses in rural areas. (4mks)

5. State four factors that lead to business mergers. (4mks)

6. State four emerging issues in the banking industry. (4mks)

7. Highlight four reasons why a country would rely more on primary level of production. (4mks)

8. In the absence of a written partnership agreement, the provisions of the Partnership Act will apply. State four such provisions. (4 mks)

9. Describe four ways in which the government creates an enabling business environment. (4 mks)

10. State four elements of communication process. (4 mks)

11. Mention four circumstances under which an insurance company may re-insure. (4mks)

12. The following diagram shows a shift in demand curve. Outline four reasons that can lead to this shift.(4mks)

13.State four characteristics of services. (4mks)

14.Outline four disadvantages of division of labor. (4mks)

15.Mention four advantages of using Automatic Vending Machines. (4mks)

16.Give four benefits one gets from self-employment. (4mks)

17.Outline four factors to consider when intending to buy office furniture. (4mks)

18.Outline four principles of co-operatives. (4mks)

19.State four advantages of transporting oil by pipeline rather than by road. (4mks)

20.Outline four advantages of audio-visual communication. (4mks)

21.Highlight four ways in which the production activities of firms in your country affect the environment. (4mks)

22.Highlight four disadvantages of a private warehouse. (4mks)

23.Ragati and Nzonge operates a business with a stock valued at ksh.350,000 and have interests of and respectively. Ragati decided to insure of the stock against fire. Sometimes later fire occurred at their business premises and destroyed stock worth ksh. 250,000. Calculate the amount of compensation Ragati would get from the insurance company. (4mks)

24.Outline four sources of monopoly power. (4mks)

25.Below are some factors that influence the operations of a business enterprise. Indicate with a ( √) tick in the appropriate column the business environment associated with each. (4mks)

Factors	Internal	External
Depreciation of Kenya shillings
Drought
Skilled managers
Increase in raw materials

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