Summary

• Description:

  The MS Word document comprises Form 4 Business Studies Term 1 2026 Opener Exam with Marking Scheme. The PDF version is also available upon your request. The marking scheme is in a separate document.

  The exam is a Paper 1 (565/1) theory paper designed for a duration of 2 hours. It consists of 25 compulsory short-answer structured questions. Each question is allocated 4 marks, totaling 100 marks for the entire paper. The questions are designed to test the student's ability to outline, state, highlight, and identify various business concepts across the syllabus.

  The document covers the following topics:

  • Aids to trade (Services that support trade)
  • Sources of capital for limited liability companies
  • Classification of goods (Monetary value, special handling, processing stage, ownership rights)
  • Financial statements (Calculation of capital using opening capital, investments, drawings, and profit)
  • Business opportunity evaluation (External factors)
  • Warehousing (Features of an effective warehouse)
  • Production (Advantages of modern technology)
  • Supply and Demand (Factors leading to a decrease in supply)
  • Location of firms (Benefits of locating near raw materials and markets)
  • Insurance (Factors influencing premium charges)
  • Accounting (Errors not disclosed by a trial balance)
  • Cooperatives (Challenges faced by SACCOs and services of producer cooperatives)
  • Price determination methods (excluding price mechanism)
  • Factors of production (Characteristics of capital)
  • Basic Economic Concepts (Reasons for making choices between competing wants)
  • Entrepreneurship (Shortcomings of self-employment)
  • Transport (Influence of nature of goods on choice of transport, Essential elements of transport)
  • Population (Negative implications of overpopulation)
  • Distribution channels for imported products
  • Consumer protection (Ways of consumer exploitation)
  • Production (Types of utility: Form, Place, Time, Possession)
  • Market Structures (Features of a monopoly market)
• Category:

  Exams
• Level:

  Form 4
• Subject:

  BUSINESS STUDIES

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