Day: September 4, 2022

 Business Studies Paper 2 (565/2) 1. (a) Explaining the types of inflation (i) Demand-Pull inflation Refers to a progressive increase in the general level of prices brought about by an expansion in demand. There is too much money chasing very Read More …

1 Business Studies Paper 1 (565/1) 1 Types of wholesalers (a) Specialized wholesaler (b) Regional wholesaler (c) Rack jobbers (d) General line wholesaler (4 X 1 mark = 4 marks) 2 Factors to consider before buying office equipment include: (a) Read More …

 Business Studies (565/2) 1.(a) Benefits that may accrue to a country with a large proportion of skilled labour force include: (i) Saving on foreign exchange that would have been used to pay expartriates/ imported labour. (ii) Production of high quality Read More …

 Business Studies Paper 1 (565/ 1) 1. Ways in which Business Studies may benefit an individual include: (a) Equips the individual with skills and knowledge to manage a business. (b) Prepares one for future career in business. (c) Enables one Read More …

 Business Studies (565/2) 1. (a) Benefits that a firm may enjoy by preparing a business plan include: (i) Sourcing for finance/capital/loans. It can be used to convince financial institutions and investors to fund the firm’s operations. (ii) A tool for Read More …

 Business Studies Paper 1 (565/ 1) 1. Features of human wants as described are: (a) Insatiable. (b) Recurrent / Repetitive. (c) Complementary. (d) Competitive. 2. Occupations that relate to the production activities are: (a) Extraction: (i) mining. (ii) fishing. (iii) Read More …