Name two occupations that relate to each of the production activities given below: (3 marks)13/12/2020
Name two occupations that relate to each of the production activities given below: (3 marks)
Expected Response
Occupations that relate to the production activities are:
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The following are descriptions of features of human wants. Identify the features that relate to the descriptions in the spaces provided. (4 marks)
Expected Response
Features of human wants as described are:
(a) Insatiable. (b) Recurrent / Repetitive. (c) Complementary. (d) Competitive. Outline the circumstances under which each of the following characteristics of human wants may be observed:(a) Complementary wants,(b) Wants become habitual(a) Complementary wants: - where wants are simultaneous/when two or more items must be used together at the same time for example:- car and petrol. (b) Wants become habitual: - where one becomes addicted to a particular want/when one develops a taste/liking for a commodity so that he needs it again and again. State four advantages of division of labour.
Advantages of division of labour.
Explain six reasons why a new business may fail
Outline four elements that may comprise the external environment of a business.State four advantages of an open office layout to an organization.Highlight four factors that could influence mobility of capital as a factor of production. (4mks)11/12/2020 Highlight four factors that could influence mobility of capital as a factor of production.
The following are some of the documents used in home trade: Cash sale receipt, catalogue, invoice and statement of account. Match each document with the appropriate description provided in the table below.
State four ways in which production activities may negatively impact on community health.11/12/2020 State four ways in which production activities may negatively impact on community health.
State four ways in which production activities may negatively impact on community health.
Features of human wants
Features of human wants:
Related Business Studies Quiz and Answers on Satisfaction of Human Wants Form 1 LevelBenefits that may accrue to a community that is involved in trading activities.
Benefits of a business plan to an entrepreneur
Over the years southern Star has grown into a large business enterprise. Explain five diseconomies of scale which it may experience.
Benefits to a trader who operates a small retail outlet.
Characteristics of economic resources.Factors that may encourage entrepreneurship in Kenya
Benefits of using electronic filing system.
State four circumstances under which hire purchase may be used to acquire goods. (4 marks)7/12/2020 Circumstances under which hire purchase may be used to acquire goods
Circumstances under which Hire purchase may be used to acquire goods include:
Factors that may influence a consumer to purchase products from a kiosk rather than a supermarket
Factors that may influence a consumer to purchase products from a kiosk rather than a supermarket include:
Outline four ways in which the office facilitates effective handling of documents. (4 marks)7/12/2020 Ways in which the office facilitates effective handling of documents
Ways in which the office facilitates effective handling of documents includes:
List four types of utility and the production activity associated with each of them. (4 marks)7/12/2020 List four types of utility and the production activity associated with each of them.
Types of utility and the production activity associated with each of them.
Reasons that would make an individual engage in business
Reasons that would make an individual engage in business include:
The table below shows some of the occupations in production. Indicate the level of production associated with each of the occupations.
Occupation Level of production
a) Mining _________________ b) Oil refining _________________ c) Insurance _________________ d) Teaching _________________
Levels of production
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