Summary

• Description:

  This PDF document contains Form 3 Business Studies Paper 1 End of Term 1 Exam 2025 with Marking Scheme. It has a 2-hour duration and covers the following topics:

  • Benefits of studying business
  • Business environments
  • Causes of business failure
  • Factors of production (capital)
  • Direct production
  • Entrepreneurship
  • Office management
  • Types of businesses (supermarkets)
  • Business registration (memorandum of association)
  • Government participation in business
  • Communication
  • Business location factors
  • Warehousing
  • Insurance principles
  • Product promotion
  • Supply and demand
  • Large-scale business organizations
  • Market structures (monopolistic competition)
  • Distribution and intermediaries
  • Per capita income and standard of living
  • Population demographics (ageing population)
  • Monopoly power
  • Life assurance premiums
  • Transport (railway)
  • Types of business activities

  The marking scheme and answers are provided in a separate PDF document.

• File Size:

  36.02 KB
• Length:

  7 pages
• Category:

  Exams
• Level:

  Form 3
• Subject:

  BUSINESS STUDIES
• Posted By:

  Caleb_Peter

Enter your details below to initiate a payment using MPESA.