Summary

• Description:

  The PDF document comprises The Success Path Examination Council (SPEC) Business Studies Paper 1 2025 Pre-Mock Exam with Answers (Marking Scheme). The marking scheme is in a different document.

  It was a Pre-Mock Business Studies 565/1 examination.

  • Month Administered: March 2026
  • Duration: 2 hours
  • Number of Questions: 1-25

  It covers the following topics:

  • Human wants (Basic wants)
  • Forms of business units (Dissolution of cooperative societies)
  • The Accounting Equation (Assets, Capital, Liabilities)
  • Disciplines of Business Studies (Office practice, commerce, economics, entrepreneurship)
  • Chain of distribution (Roles of intermediaries)
  • Product promotion (Benefits of advertising to consumers)
  • Banking (Benefits of agency banking)
  • Transport (Air transport vs. water transport)
  • National income (Problems with the output approach)
  • Human resource management (Improving workforce performance)
  • Net worth calculations (Initial capital, drawings, additional capital, net profit)
  • Inflation (Fiscal policies to control inflation)
  • Office layout (Landscape office layout benefits)
  • Demand and supply (Factors causing a shift in the demand curve)
  • Home trade (Functions of a proforma invoice)
  • Source documents and books of original entry
  • Insurance (Importance of pooling risks)
  • Market structures (Benefits of several firms in an industry, oligopoly and kinked demand curve)
  • Public finance (Reproductive vs. dead-weight debt)
  • Population and employment (Challenges of a young population)
  • Economic development and planning (Kenya Vision 2030 development goals)
  • The Ledger (Types of ledger books)
  • International trade (Terms of trade, balance of trade, balance of payment)
  • Balance sheet analysis (Capital owned, borrowed capital, working capital, capital employed)
• File Size:

  359.55 KB
• Length:

  11 pages
• Category:

  Mock Past Papers
• Level:

  Form 4
• Subject:

  BUSINESS STUDIES
• Posted By:

  Caleb_Peter

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