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Business Studies Paper 2


Highlight five reasons why the government trains business people. (10 mks)
b) Explain five roles that intermediaries play in the distribution of goods and services. (10 mks)

20 marks


a) Discuss six reasons why many Kenyans are increasingly shopping in supermarkets. (12 mks)

b) The Kenyan government has plans to construct a major seaport at Lamu. Explain four benefits that may accrue to the country from this new port at Lamu. (8 mks)

20 marks


a) Explain five advantages of a public limited company as a form of business. (10 mks)

b) The following balances relate to Msafiri Traders as at 31st December, 2012:

20 marks


a) Explain five principles that guide the tax system in a country. (10 mks)

b) Labour is one of the basic factors of production. Outline five measures that a business can take to increase the productivity of its labour force. (10 mks)

20 marks


a) Describe five ways in which the price of a product can be determined in a market. (10 mks)
b) Explain five benefits of mobile phone money transfer services. (10 mks)

20 marks


b) Outline five differences between oligopoly market and perfect competition market situations. (10 mks)

20 marks

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