Summary

• Description:

  The MS Word document comprises MINCKS GROUP OF SCHOOLS Business Studies Paper 2 Pre-Mock 2022 Exam with Answers (Marking Scheme). The PDF version is also available upon your request. The marking scheme is in a different document.

  It was a MINCKS GROUP OF SCHOOLS Mock examination.

  This extended-response paper demands critical analysis of business management, economic policies, advanced accounting preparation, and distribution strategies.

  • Month Administered: August/September
  • Duration: 2½ HOURS
  • Total Marks: 100
  • Number of Questions: 6 (Candidates answer any 5)
  • Structure: Answer any five questions; each carries 20 marks.

  It covers the following topics:

  • Communication (methods for effective face-to-face communication)
  • International Trade (advantages of trade restrictions for a country)
  • Insurance (circumstances leading to the termination of an insurance contract)
  • Banking (commercial banks vs. non-banking financial institutions)
  • Economics (effects of decreased production costs on equilibrium price and quantity, uses of national income statistics, principles of a good tax system)
  • Accounting (recording transactions in relevant journals, calculating purchases, mark up, profit margin, working capital, and rate of stock turnover)
  • Entrepreneurship (factors leading to business success)
  • Business Ownership (benefits of transitioning from a Private to a Public Limited Company)
  • Distribution (factors influencing the choice of distribution channels for horticultural products)
• Category:

  Mock Past Papers
• Level:

  Form 4
• Subject:

  BUSINESS STUDIES

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