KCSE BASED BUSINESS STUDIES QUESTIONS WITH ANSWERS
Types of unemployment in an economy and give the cause for each..
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Benefits may accrue to manufacturing firm that uses modern technology?
Reasons that would make an individual engage in business
Reasons that would make an individual engage in business include:
Assumptions that are associated with perfect competitor.The diagram below shows the demand and supply curves of a certain commodity and the corresponding equilibrium price (Po) and quantity (Qo). On the diagram, show the new equilibrium quantity and price as a result of an increase in the supply of the commodity.Advantages of personal selling as a method of sales promotion?
The table below shows some of the occupations in production. Indicate the level of production associated with each of the occupations.
Occupation Level of production
a) Mining _________________ b) Oil refining _________________ c) Insurance _________________ d) Teaching _________________
Levels of production
Considerations that a seller should take into account before giving credit to a new customer.
Ways in which a government may participate in the operations of a state corporation.
Risks against which a shopkeeper may insure.
Advantages of operating a partnership form of business.
Guidelines that may be used by the government of a country to promote efficient use of her resources
The following balances were extracted from the books of Rehema Traders on 1st January 2015.5/12/2020
The following balances were extracted from the books of Rehema Traders on 1st January 2015.
Ksh Capital 600,000 Creditors 180,000 Motor van 200,000 Furniture 200,000 Stock 60,000 Debtors 80,000 Cash 240,000
The following transactions took place during the year ended 31st December 2015:
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On 1st January 2015, Ndovu Traders had Ksh 30,000 in cash and Ksh 75,000 at the bank.
During the month, the following transactions took place:
Expected ResponseBenefits that may be realised by a country as a result of government policy to relocate Industries to rural areas
Explain five methods of determining the price of a product other than price control (10 marks)5/12/2020 Methods of determining the price of a product other than price control
Traders are required to observe ethical practices when carrying out product promotion. Explain five reasons for observing such ethical practices
On 1st September 2015, Gondi had Ksh 55,000 in hand and Ksh 250,000 at bank. During the month, the following transactions took place:
Expected ResponseReasons that may influence the government to start a parastatal
Advantages of government involvement in business
Circumstances under which a partnership may be dissolved
Factors that may promote entrepreneurship in Kenya
Characteristics of services
Goals of development to a country
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