Summary

• Description:

  The PDF document comprises STAREHE GIRLS' CENTRE Business Studies Paper 1 Pre Mock Exam with Answers (Marking Scheme). The marking scheme is in a different document.

  It was a Pre-mock Business Studies Paper 1 examination.

  This paper assesses candidates' foundational understanding across business management, macroeconomics, trade dynamics, accounting basics, and economic policy. It equips students with the commercial and analytical competencies required for national exam success.

  • Duration: 2 Hours
  • Number of Questions: 25 (Questions 1 - 25)
  • Structure: A single continuous section consisting of 25 compulsory short-answer questions covering theory, micro-accounting, and macroeconomic concepts.

  It covers the following topics:

  • Section A:
    • Business ethics and corporate social responsibility
    • Demography and economics (economic implications of a youthful population)
    • Banking and payment instruments (circumstances for using cheques and credit cards)
    • Transport systems (characteristics of ocean liners in sea transport)
    • Financial accounting and bookkeeping (preparation of a trial balance)
    • Government and business (reasons for privatization of parastatals)
    • International financial institutions (functions of the World Bank / IBRD)
    • Financial statements (preparation of a profit and loss account)
    • Product pricing and microeconomics (demand curve shifts and determinant factors)
    • Small business management and competitive survival strategies
    • Terms of trade and commercial credit terms (Cash With Order - C.W.O.)
    • Customer service and after-sales services
    • Negotiable instruments (differences between cheques and bills of exchange)
    • Macroeconomics and money (levels and forms of inflation, central bank monetary policies)
    • Trade promotion and regional development (Export Processing Zones - EPZs)
    • Business communication (demerits of letters)
    • Forms of business ownership (features of public limited companies, ordinary vs preference shares)
    • Bookkeeping (preparation of a two-column cash book)
    • Human resource management (worker productivity improvement)
    • Market structures (sources of monopoly power)
    • Development economics (characteristics of underdeveloped economies)
    • International trade terminology (Franco, FAS - Free Alongside Ship)
• File Size:

  211.09 KB
• Length:

  9 pages
• Category:

  Mock Past Papers
• Level:

  Form 4
• Subject:

  Business Studies
• Posted By:

  Caleb_Peter

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