BUSINESS STUDIES TOPICAL QUESTIONS AND ANSWERS

Outline four ways in which commerce satisfies human wants

24/10/2019

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Outline four ways in which commerce satisfies human wants (4mks)

There is exchange hence one is able to acquire what they do not have i.e. Possession utility
Goods are stored until when needed through warehousing hence time utility is created
Goods are taken to where required through transportation hence place utility is created
Through the process of production goods are converted to the right form in which the consumers can use them to satisfy his wants hence form utility is created.

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State whether each of the following activities would satisfy basic or secondary needs

24/10/2019

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State whether each of the following activities would satisfy basic or secondary needs. (4mks)

Activities Basic / Secondary
a) Buying clothes for the family
b) Transporting farm produce
c) Providing food for school children
d) Entertaining a guest

EXPECTED RESPONSE:
a) Buying clothes for the family BASIC
b) Transporting farm produce SECONDARY
c) Providing food for school children BASIC
d) Entertaining a guest SECONDARY

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State four reasons why a government may decide to control the exploitation of its natural resources

24/10/2019

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State four reasons why a government may decide to control the exploitation of its natural resources. (4mks)

Reasons prevent misuse of resources
To protect environmental degradation
To conserve resources
To control production activities which require natural resources
Promote tourism

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outline three characteristics of basic human wants

23/10/2019

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outline three characteristics of basic human wants. (3mks)

They are essential for survival
humans need basic wants in order to survives. Resources such as air and water are very critical for survival.
Insatiable
human wants are endless (each cannot be satisfied once and for all) and they are also unlimited in number (satisfying one requires the other.)
Competitive
the unlimited human wants are to be satisfied using limited human wants. This necessitates choice of the wants to satisfy and those to forego;
They are recurrent
Satisfaction levels vary in time such that a need that has been fully satisfied in one point of time requires satisfaction in another point. Several hours after eating to the full, one feels hunger again.
Varied intensity and urgency
the intensity of need is different for different people and also in different time, gender, age, season, location and culture.
Require resources
it takes resources to satisfy human wants. Resources are always much less than the wants they need to satisfy;
Complimentary
Satisfying some wants may create a need for another related want. For instance, acquiring a shoe may create a need for polish and socks, buying a car may require fuel.
Universal
most human wants are common to all human wants, though in varying quantities and qualities;
Habitual
Many consumers tend to develop a taste of commodities they use more frequently, especially certain brands and also certain addictive commodities.

Food

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outline four measures that may be taken to conserve forests in Kenya

23/10/2019

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outline four measures that may be taken to conserve forests in Kenya (4mks)

Avoiding indiscriminate felling of trees
Planting more trees
protecting forests areas from human settlements
Developing alternative sources of energy to reduce reliance as wood fuel
Educate the public the importance of forest conservation/initiate public awareness programs to sensitize the public on the need to conserve trees.
introduction of maturing trees with short growing periods of time
There should be legislation to control tree harvesting of trees
The Government should create a department to deal with conservation and management of forests (Tree Belt Movements)
Forest research station should be established to conduct research on new tree species and diseases affecting trees.
Kenyans should be encouraged to use alternative sources of energy other than wood and recycling of waste paper
Forests should be protected from natural hazards/fires through the use of guards

Forest

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State four ways in which natural resources may be of benefit to a country

23/10/2019

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State four ways in which natural resources may be of benefit to a country. (4mks)

Their exploitation creates employment
Provides raw materials for industries
They are sued to generate income for a country/ foreign income
They are basic factors for sustenance of a life e.g. irrigation schemes
Provides means of transport

Mining site

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Give four reasons why a consumer should satisfy basic wants before secondary wants

23/10/2019

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Give four reasons why a consumer should satisfy basic wants before secondary wants. (4mks)

They are essential for survival
The consumer has limited sources
They cannot be postponed
They are self needs

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Kenya relies heavily on oil as a source of energy. State four reasons why the country should develop alternative sources of energy

23/10/2019

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Kenya relies heavily on oil as a source of energy. State four reasons why the country should develop alternative sources of energy. (4mks)

Fluctuating oil prices
No oil in Kenya/ reduce importation
Availability of cheaper energy
Reduce pollution/ environmental friendly
High cost of production of fuel

Windmill

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State four reasons why consumers have to make a choice between competing needs

23/10/2019

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State four reasons why consumers have to make a choice between competing needs. (4mks)

Unlimited needs/wide variety
Different tastes/ preferences/ fashion
Difference prices of goods
Government policy on goods
Limited sources

Fruit stall

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highlight four disadvantages of mining as an economic activity

23/10/2019

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highlight four disadvantages of mining as an economic activity (4mks)

It may lead to pollution
May endanger lives due to landslides
Over reliance on mining may lead the country into economic problems
When price fluctuate
Mines get exhausted

Mining site

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State three basic wants that individuals in a society have

23/10/2019

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State three basic wants that individuals in a society have (3mks)

Food
any nutritious substance that people or animals eat or drink or that plants absorb in order to maintain life and growth.
Clothing
Garments/ what people wear
Shelter
housing/ a place giving temporary protection from bad weather or danger

Housing

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Classify each of the following goods as either producer or consumer

9/9/2019

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Classify each of the following goods as either producer or consumer (3mks)

	Good	Classification
a)	Factory
b)	privates car
c)	Iron ore
d)	Tools
e)	Exercise books
f)	Clothing

	Good	Classification
a)	Factory	producer
b)	privates car	consumer
c)	Iron ore	producer
d)	Tools	producer
e)	Exercise books	consumer
f)	Clothing	consumer

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Highlight four ways in which business studies is useful to a community

8/9/2019

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Highlight four ways in which business studies is useful to a community

Highlight four ways in which business studies is useful to a community

Enable trade to take place
Bridges the gap between the producer and consumer through transport
Informs consumers about good and services available i.e. where they can be found, their prices and uses etc.
Provide storage facilities/ warehouse
Provides safe places for keeping money, opportunity for borrowing banking
Protects trade against risk though insurance

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KCSE PAST PAPERS: BUSINESS STUDIES FORM 3 TOPICAL QUESTIONS AND ANSWERS

20/8/2019

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KCSE PAST PAPERS: BUSINESS STUDIES FORM 3 TOPICAL QUESTIONS AND ANSWERS

QUESTIONS

business_transactions_business_studies_form_3_topical_questions_and_answers.pdf
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cash_book_business_studies_form_3_topical_questions_and_answers.pdf
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chain_of_distribution_business_studies_form_3_topical_questions_and_answers.pdf
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demand_and_supply_business_studies_form_3_topical_questions_and_answers.pdf
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national_income_business_studies_form_3_topical_questions_and_answers.pdf
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networth_of_a_business_business_studies_form_3_topical_questions_and_answers.pdf
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population_and_employment_business_studies_form_3_topical_questions_and_answers.pdf
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product_market_business_studies_form_3_topical_questions_and_answers.pdf
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size_and_location_of_a_firm_business_studies_form_3_topical_questions_and_answers.pdf
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the___ledger_business_studies_form_3_topical_questions_and_answers.pdf
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KCSE PAST PAPERS: BUSINESS STUDIES FORM 3 TOPICAL QUESTIONS AND ANSWERS

ANSWERS [MARKING SCHEMES]

the_ledger_marking_scheme.pdf
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size_and_location_of_a_firm.pdf
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product___market.pdf
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population_and_employment.pdf
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networth_of_a_business.pdf
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national_income.pdf
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demand_and_supply.pdf
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chain___of___distribution.pdf
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cash_book.pdf
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business_transactions.pdf
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KCSE PAST PAPERS: BUSINESS STUDIES FORM 4 TOPICAL QUESTIONS AND ANSWERS

18/8/2019

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KCSE PAST PAPERS: BUSINESS STUDIES FORM 4 TOPICAL QUESTIONS AND ANSWERS

QUESTIONS

financial_statements_business_form_4_topical_questions_and_answers.pdf
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inflation__business_form_4_topical_questions_and_answers.pdf
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international_trade__business_form_4_topical_questions_and_answers.pdf
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money_and_banking_business_form_4_topical_questions_and_answers.pdf
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public_finance_business_form_4_topical_questions_and_answers.pdf
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source_documents_and_books_of_original_entry__business_form_4_topical_questions_and_answers.pdf
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ANSWERS

source___documents_and_books.pdf
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public_finance_marking_scheme.pdf
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money_and_banking_marking_scheme.pdf
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international___trade.pdf
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inflation.pdf
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financial___statements_marking_scheme.pdf
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​Outline four ways in which commerce satisfies human wants (4mks)

Categories

​State whether each of the following activities would satisfy basic or secondary needs. (4mks)

Categories

​State four reasons why a government may decide to control the exploitation of its natural resources. (4mks)

Categories

​outline three characteristics of basic human wants. (3mks)

Categories

outline four measures that may be taken to conserve forests in Kenya (4mks)

Categories

​State four ways in which natural resources may be of benefit to a country. (4mks)

Categories

​Give four reasons why a consumer should satisfy basic wants before secondary wants. (4mks)

Categories

​Kenya relies heavily on oil as a source of energy. State four reasons why the country should develop alternative sources of energy. (4mks)

Categories

​State four reasons why consumers have to make a choice between competing needs. (4mks)

Categories

​highlight four disadvantages of mining as an economic activity (4mks)

Categories

​State three basic wants that individuals in a society have (3mks)

Categories

​Classify each of the following goods as either producer or consumer (3mks)

Good

Classification

a)

b)

c)

d)

e)

f)

Good

Classification

a)

b)

c)

d)

e)

f)

Categories

Highlight four ways in which business studies is useful to a community

Categories

KCSE PAST PAPERS: BUSINESS STUDIES FORM 3 TOPICAL QUESTIONS AND ANSWERS

QUESTIONS

ANSWERS [MARKING SCHEMES]

​KCSE PAST PAPERS: BUSINESS STUDIES FORM 4 TOPICAL QUESTIONS AND ANSWERS

QUESTIONS

ANSWERS

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Outline four ways in which commerce satisfies human wants (4mks)

State whether each of the following activities would satisfy basic or secondary needs. (4mks)

State four reasons why a government may decide to control the exploitation of its natural resources. (4mks)

outline three characteristics of basic human wants. (3mks)

State four ways in which natural resources may be of benefit to a country. (4mks)

Give four reasons why a consumer should satisfy basic wants before secondary wants. (4mks)

Kenya relies heavily on oil as a source of energy. State four reasons why the country should develop alternative sources of energy. (4mks)

State four reasons why consumers have to make a choice between competing needs. (4mks)

highlight four disadvantages of mining as an economic activity (4mks)

State three basic wants that individuals in a society have (3mks)

Classify each of the following goods as either producer or consumer (3mks)

KCSE PAST PAPERS: BUSINESS STUDIES FORM 4 TOPICAL QUESTIONS AND ANSWERS