Summary

• Description:

  The MS Word document comprises Form 3 Business Studies Paper 1 Mid Term 2 2026 Exam with Marking Scheme. The PDF version is also available upon your request. The marking scheme is in a different document.

  This paper tests Form 3 students across a broad range of business concepts including market structures, trade, communication, and entrepreneurship — reflecting the breadth of the KCSE Business Studies Paper 1 syllabus and rewarding precise, applied knowledge.

  • Duration: 2 Hours
  • Number of Questions: 20 questions
  • Structure: All questions compulsory; short-answer format with 3–5 marks per question

  It covers the following topics:

  • Internal economies of scale
  • Uses of national income statistics
  • Factors leading to high birth rates and population dynamics
  • Features of perfect competition market structure
  • Characteristics of basic human wants
  • Survival of kiosks in competition with supermarkets
  • Sources of business ideas
  • Factors for selecting office equipment
  • Barriers to effective communication
  • Identifying business opportunities — entrepreneurship (Muhoroni town context)
  • Office equipment identification and application
  • Factors leading to a decrease in demand (diagram-based question)
  • Circumstances favouring air transport in trade
  • Dissolution of a partnership
  • Forms of retail businesses for school leavers
  • Role of a broker in the chain of distribution
  • Benefits of localisation of firms
  • Basic features of a market
  • Circumstances appropriate for personal selling
  • Principles of insurance — indemnity, subrogation, and contribution
• File Size:

  29.31 KB
• Length:

  4 pages
• Category:

  Exams
• Level:

  Form 3
• Subject:

  BUSINESS STUDIES
• Posted By:

  Caleb_Peter

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