Summary

• Description:

  The MS Word document comprises the Form 2 Business Studies Term 2 Opener Exam 2025. The PDF version is also available upon your request.

  The exam paper contains 21 questions and is designed to be completed in 2 hours.

  The exam paper covers the following topics:

  • Sources of capital for a partnership business
  • Features of human wants
  • Advantages of running a small-scale retail business
  • Ways in which consumers are exploited by traders
  • Characteristics of an entrepreneur
  • Methods that the government of Kenya uses to regulate business activities
  • Physical resources required to operate a retail shop
  • Documents used in business transactions (e.g., invoices, receipts)
  • Personal attributes of an office manager
  • Documents required for the formation of a company
  • Factors of production and their corresponding rewards
  • Reasons why the government issues a business license
  • Differences between home trade and foreign trade
  • Differences between retailers and wholesalers
  • Business environmental factors
  • Principles of co-operative societies
  • Circumstances under which a business opportunity may exist
  • Circumstances under which a cheque may be dishonored
  • Ownership of various business units in Kenya
  • Tasks carried out by a receptionist
  • Classification of goods (producer vs. consumer)
  • Differences between a public limited company and a private limited company
  • Advantages of indirect production
• File Size:

  56.00 KB
• Length:

  5 pages
• Category:

  Exams
• Level:

  Form 2
• Subject:

  BUSINESS STUDIES
• Posted By:

  Caleb_Peter

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