Summary

• Description:

  The MS Word document comprises Grade 10 Business Studies Opener Exam Term 2 2026 with Answers (Marking Scheme). The PDF version is also available upon your request. The marking scheme is in a different document.

  • Duration: 2 Hours

  It covers the following topics:

  • Money
    • Security features on Kenyan currency
    • Themes represented on Kenyan currency notes
    • Functions of money in financial transactions
    • Motives attached to the demand for money
    • Factors determining the supply of money
    • Ethical practices in the use of money
  • Business Goals
    • Importance of setting business goals
    • Factors to consider when setting goals
    • Formulating SMART short-term and long-term goals
  • Budgeting
    • Importance of budgeting in business
    • Types of business budgets
    • Preparation of a simple budget table (income, expenses, and profit)
  • Banking
    • Importance of banking in an economy
    • Types of bank accounts
    • Unethical practices in banking
    • Recent trends in banking and online banking services
  • Human Wants and Economic Resources
    • Differences between needs and wants
    • Types and characteristics of economic resources
    • Types and importance of business activities
    • Economic concepts: Scarcity, choice, opportunity cost, and scale of preference
  • Business Environment
    • Classification of Micro and Macro environmental factors
  • Careers associated with Business Studies
• File Size:

  28.28 KB
• Length:

  7 pages
• Category:

  Exams
• Level:

  Grade 10
• Subject:

  BUSINESS STUDIES
• Posted By:

  Caleb_Peter

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