Summary

• Description:

  The MS Word document comprises Form 3 Business Studies End of Term 1 2026 Exam with Marking Scheme.

  It is a Form Three Business Studies End of Term 1 examination administered in 2026.

  • Duration: 2 Hours
  • Total Marks: 100
  • Number of Questions: 11
  • Paper Structure: Section A (7 short-answer questions) and Section B (4 essay/structured questions where candidates answer any three).
  • Marking Scheme: The marking scheme is in a different document.

  The examination paper assessed learners’ understanding of key Business Studies concepts through short-answer questions, explanations, calculations, and interpretation of business data.

  • Section A (25 marks): Short-answer questions covering characteristics of human wants, factors affecting supply of commodities, documents used in home trade, reasons why production is considered a continuous process, differences between direct and indirect production, factors influencing choice of product promotion methods, and limitations of social media as a communication tool in business.
  • Section B (75 marks): Essay and structured questions requiring explanations of factors affecting demand, factors influencing the location of industries, preparation of a balance sheet from given financial information, functions of management, government involvement in business activities, circumstances favoring air transport, characteristics of indirect production, challenges faced by small-scale traders, factors determining the size of a firm, features of perfect competition, drawing and interpretation of a demand curve, the law of demand, and factors causing a shift in the demand curve.

  It covers the following topics:

  • Human wants and economic needs
  • Supply of commodities and factors affecting supply
  • Trade documents used in home trade
  • Production processes and types of production
  • Product promotion and marketing methods
  • Business communication and use of social media
  • Demand and factors influencing demand
  • Location of industries
  • Preparation of balance sheets in accounting
  • Functions of management in business
  • Government involvement in business activities
  • Modes of transport in business
  • Challenges faced by small-scale traders
  • Determinants of firm size
  • Market structures and perfect competition
  • Demand schedules and demand curves
  • The law of demand and demand curve shifts
• File Size:

  17.09 KB
• Length:

  4 pages
• Category:

  Exams
• Level:

  Form 3
• Subject:

  BUSINESS STUDIES
• Posted By:

  Caleb_Peter

Enter your details below to initiate a payment using MPESA.