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FORM 2

BUSINESS STUDIES.
TIME: 1 HOUR.
NAME: ………………………………………………………………………
ADM NUMBER: ………………………………
Attempt ALL the questions in the spaces provided (40marks)
1. Outline FOUR advantages of shopping in a supermarket (4mks).

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2. Highlight FOUR ways which the government gets involved in business (4mks)

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3. Outline four advantages of consumer co-operatives. (4 marks)

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4. Name four features that are contained the articles of association for a limited company.(4
marks)
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5. Outline four features of a perfect competition market. (4 marks)
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6. State four types of market structures (4mks)
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7. Give four main differences between private and public limited companies. (4 marks)
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8. Mention four government policies that may encourage location of firms in a certain area.
(4 marks)
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9. Outline four sources of monopoly power. (4 marks)


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10. State four benefits of running a sole proprietorship business. (4 marks)
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