Summary

• Description:

  The MS Word document comprises Mangu High School Business Studies Paper 1 Mock Exam 2023. The PDF version is also available upon your request. The marking scheme is in a different document.

  It was a Mangu High School Business Studies Paper 1 Mock examination.

  • Duration: 2 hours
  • Number of Questions: 1-25

  It covers the following topics:

  • Benefits of a good business structure
  • Difficulties in satisfying human wants
  • Creation of economic utility
  • Demand curves and shifts
  • Product promotion and personal selling
  • Measures to improve business profitability
  • Functions of commercial attachés
  • Supermarket business operations
  • Communication trends (SMS vs. letters)
  • Import channels for commodities
  • Emerging trends in office management
  • Benefits of modern railway networks
  • Features of monopolistic competition
  • Merits of public warehouses
  • Accounting principles (determining capital, preparing trading accounts, two-column cash books)
  • Types of business partners
  • Source documents in accounting and types of errors
  • Insurance terminology (surrender value, beneficiaries, re-insurance, cover note)
  • Macroeconomics (per capita income and population challenges)
  • Double-entry bookkeeping
  • Mobile banking trends
• Category:

  Mock Past Papers
• Level:

  Form 4
• Subject:

  BUSINESS STUDIES

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