BUSINESS STUDIES J.SS1 2025 EXAM

Welcome to your BUSINESS STUDIES J.SS1 2025 EXAM

1. Which of the following is not a type of business unit?

2. Partnership in a business is made up of a maximum of --- person

3. A place where buyers and seller comes together to transact business is called ----

4. The following agents are involved except the ----

5. The teacher who teaches commerce or business studies is providing a ---- to the student

6. A type of tertiary production whereby service are provided directly to the beneficiary is called ----

7. One effects of production on our environment is ----

8. Primary producers include ---- and -----

9. A type of production which involves the digging up of raw materials from the ground is called -----

10. A type of co-operation formed by farmers to take advantage of cheap seeds, grains is called ---

11. One of these is not an aid to trade i know

12. Goods or products which a country buys from another country are called ---

13. The reselling/ re-exporting of imported goods by one country to another without transforming the gods in any way is referred to as -----

15. A trader who buys in large quantities from the manufacturer and sells to the retailer is called ----

16. A ---- retailer buys a variety of products from several manufacturers

17. Buying and selling of goods and service within a country is called ----

18. Goods produced in one country for sale in another country is called ----

19. ----- is a free gift of nature

20. The reward for labour is ----

SUBJECTIVES

1. Goods used in the production of other good are called -----

2. Two examples of consumer goods i know are ---- and----

3. A medical doctor offers ---- service

4. Distribution of goods is an example of ---- services

THEORY

Question 1 is compulsory then pick any two from the three.

1. What is production

b. List the type of production and explain any two

c. State any two effects (advantage) of production on the environment

2a. Define Commerce

b. Outline the two division of commerce

c. Write short notes on the following terms

a. Foreign trade

b. Export

c. Import

d. Entrepot

3a. Who is a wholesaler

b. Identify the two forms of a retailer

c. Differentiate between a consumer goods and capital goods

4. What is entrepot trade

b.Define capital.

C. Who is an entrepreneur?,state his /her duties and the reward he hopes to receive

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