ECONOMICS SS.1 2025 EXAMINATION

Welcome to your ECONOMICS SS.1 2025 EXAMINATION

1. An individual portion of the company capital owned by share holders is called -----

2. All these are process of distribution except

3. All these are among the channel of distribution except

4. The process of creating awareness in the minds of the people/public about the existence of a product is called ----

5. A merchant whose main business is to purchase goods from the wholesaler in small quantities is called ----

6. A form of retail trade in which the trader moves their goods from one place to another within a time, bicycle, vehicle is called -----

7. A physical or electronic document that has intrinsic monetary value or transfer value is called a ----

8. The act of providing resources usually in the form of money or other value for a project or business is called -----

9. Shares could be ---- or ----

10. All these are source of funds to a business enterprise except -----

11. Another name for ordinary shares is called ----

12. A type of shares whereby the holders are risk bearers and receives their dividends after all other shares have been paid is called ----

13. A bond which acknowledge a loan generally under the company's seal and bearing a fixed rate of interest and on along term basis is called ----

14. Choice in economics "life is necessitated by ---

15. Which of these is the total cost of satisfying any want in the sense of the alternatives that has to be forgone ----

16. Production of goods and services is not complete until it gets to the -----

17. Another name for artificial "Scarcity" in economics is called ----

18. production in economics can be seen as -----

19. All these are types of demand except

20. The rate at which money changes is known as ------

SUBJECTIVES

1. The middlemen in the channel of distribution are ----- and ----

2. One among the channel of distribution who buys in small quantities and also sells in bits is referred to as -----

3. A collection of shops under one roof with ownership of each shop or department specializing in selling a special range of goods is called a -----

4. Two examples of retail shops i know are ---- and -----

5. Two types of funding i know are ---- and -----

6. Two examples of taxes i know are ---- and ----

THEORY

Answer only one question

1a. Define Business finance

b. Identify and explain any three source of finding to a business enterprise

c. Differentiate between "soft finding" and "hyper finding"

d. Define shares

e. Mention and explain the types of preference shares you know

f. Differenciate between stock and shares

2a. Define Distribution

b. Who is a wholesaler?

c. Write out any 2 function of a wholesaler to the retailer

d. Mention and explain the four process of distribution

e. Outline any three demerits for the elimination of middleman in any business activity

f. Define co-operative society; Mention the types of co-operatives you know

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