Disadvantages of operating a closed office layout and other business studies paper 1 questions and answers

Disadvantages of operating a closed office layout.

• No close supervision of workers.
• Costly to construct and maintain.
• May encourage absenteeism.
• May encourage laxity.
• Reduces interaction between management and other employees.
• Officers may take a lot of time when moving from one office to another.
• Possible misuse of office facilities

Benefits a trader may get by operating a current account.

• The traders can withdraw money at time without notice.
• Cheques are used for payments instead of cash.
• Traders can arrange for overdrafts facilities with the management of the bank.
• The bank can pay on behalf of the traders such as standing orders.
• there is no minimum balance required in the account.
• Purchases can be made using postdated cheques

Types of direct taxes.

• Income tax.
• Corporation tax.
• Capital gain tax.
• Death/estate duty.
• Stamp duty
• Wealth tax
• Capital transfer/gift tax

Advantages of transporting oil products through pipeline.

• Not affected by bad weather or climatic condition hence ensuring continuous flow of commodity.
• It is safe and reliable since the pipes are buried underground.
• It is cheap to maintain.
• Large volume can be transported with short time.
• Pipelines can be constructed through rough terrain, mountain and swamps.
• Oil products can be transported faster through pipeline compared to roads or railway.
• Damage on roads is reduced since the number of oil tankers on roads is less.
• Pipeline causes less environmental pollution.
• The oil transported through the pipeline is not likely to be contaminated since only one commodity is transported at a time.
• Number of accidents on rods will be reduced since there are few tankers on roads.

Characteristics of underdevelopment in a country.

• High level of poverty.
• Disparity in income distribution.
• Low level of savings and investments.
• High population growth rate.
• Dominance of substance sector.
• Problem of unemployment.
• Underutilization of national resources.
• Dependence of the developed countries.
• Low level of technology.
• High proportion of labour force engages in agriculture

Acts of parliament used by the government to protect consumers.

• Public health act.
• Weights and measures act.
• Food and drug act.
• Licensing act

Sources of monopoly power to a firm.

• Control of an important input in production.
• Ownership of production rights.
• Internal economies of scale.
• Size of the market.
• Additional cost by other firms.
• Where a group of firms combine to act as one.
• Restrictive practices.
• Financial factors

Importance of warehousing to a business.

• Ensures steady supply of goods.
• Helps to stabilize prices.
• Goods are protected from theft and damage.
• Ensures continuous production of goods.
• Can meet unexpected demands.
• Goods can be prepared for sale.
• Goods can improve in quality while in the warehouse.
• Encourage specialization.
• Enables the trader to look for market

• What do you understand by the term cell specialization as used in biology
  (a) What do you understand by the term cell specialization as used in biology? (2 marks) This is where cells are modified to perform specific functions. (b) Name any two specialized cells in plants and state how each is modified. Cell                        Modification         (4 marks) (i) Palisade cells        … Read more
• What are the characteristics of a successful entrepreneur?
  Characteristics of a successful entrepreneur. (4mks) Should be good oriented Should be confident Should be able to network Should have desire to achieve Should be a problem solver/ability to solve problem Should be ready to take risk Post Views: 12 Related posts: KCSE ENGLISH GRAMMAR AND LITERATURE NOTES Causes of Disunity in the Early Church … Read more
• Ways of implementing a business idea
  Ways of implementing a business idea.      (4mks) Creating a new good Improving on existing good Improving the process of production Improving the marketing strategies Offering unique services Improving quality of services Improve quality of goods Post Views: 6 Related posts: KCSE ENGLISH GRAMMAR AND LITERATURE NOTES CO-OPERATION IN AFRICA NOTES CO-OPERATION IN AFRICA NOTES … Read more
• Ways in which the working environment can be improved
  Ways in which the working environment can be improved.  (10mks) Provision of proper and adequate lighting Maintaining tidiness in the office/cleanliness Provision of adequate space of working Provision of proper ventilation Provision of relevant furniture and equipment Beautifying the office to give it a pleasant appearance Provision of smoking zones Discourage unnecessary noise Provision of … Read more
• Ways in which commercial banks facilitates transferring of money.
  Ways in which commercial banks facilitates transferring of money. Standing orders. Credit transfer. Electronic transfer. Credit cards. Cheque/bank drafts. Traveller’s cheque. Letter of credit. Post Views: 73 Related posts: KCSE ENGLISH GRAMMAR AND LITERATURE NOTES CHRISTIANS APPROACHES TO WEALTH, MONEY AND POVERTY HELB FINANCIAL LITERACY GUIDE CO-OPERATION IN AFRICA NOTES CO-OPERATION IN AFRICA NOTES Causes … Read more
• Types of taxes
  Types of taxes Direct Indirect Direct Indirect   Post Views: 5 Related posts: KCSE ENGLISH GRAMMAR AND LITERATURE NOTES COLONIAL ADMINISTRATION NOTES CRE Standard 8 Notes APPROACHES TO LAW, ORDER AND JUSTICE FATHERS OF NATIONS STUDY GUIDE PDF Reasons why a producer may prefer to sell directly to consumers. ESTABLISHMENT OF COLONIAL RULE IN KENYA … Read more
• Types of insurance policies
  Types of insurance policies include:                        Burglary or theft policy Motor vehicles insurance Fire policy Goods on transits policy Employer’s liability policy/workman’s compensation policy Fidelity guarantee policy Consequential loss/loss of profit policy Glass plate or showroom policy Bad debtors’ policy. Post Views: 3 Related posts: KCSE ENGLISH GRAMMAR AND LITERATURE … Read more
• Types of business environment
  Types of business environment.   (4mks) External Internal Internal External Post Views: 8 Related posts: LESSON THREE: CHRISTIAN VIEW ON ISSUES RELATED TO SCIENCE AND TECHNOLOGY. KCSE ENGLISH GRAMMAR AND LITERATURE NOTES SENIOR PROGRAMME MANAGEMENT OFFICER, P5 CREATION AND THE FALL OF HUMAN KIND BUSINESS STUDIES SYLLABUS FORM 1 BUSINESS STUDIES FORM 3 PAPER 1 AND … Read more
• The table below shows descriptions of different types of partners. Identify type of partners that match the description
  The table below shows descriptions of different types of partners. Identify type of partners that match the description Virus-free.www.avast.com Post Views: 4 Related posts: KCSE ENGLISH GRAMMAR AND LITERATURE NOTES 1 new job for “Intern” Need distractions? Try these on us. CRE Standard 8 Notes KCPE PAST PAPERS 2011 MATHEMATICS QUESTION PAPER CHRISTIAN APPROACHES TO … Read more
• The following Trial balance was extracted from the books of Kabaka traders as at 30/6/2018.
  Kabaka Traders                         Trials balance as at 30/6/2021 Particles Dr Cr Sales Purchases Return inwards Carriage inwards Return outwards Carriage outwards Stock 1st Jul 2017 Rent Delivery van Bank Creditors Debtors Discount allowed General expenses Capital ____________ 600,000   80,000   40,000 ____________     3,000 100,000   60,000 180,000    60,000 ____________ 120,000    80,000 … Read more
• The following trial balance was extracted from the books of Carson Traders on 31 December, 2005 after preparing the trading account.
  The following trial balance was extracted from the books of Carson Traders on 31 December 2005 after preparing the trading account. The following additional information is provided. (a) Wages due shs. 5,400 (b) Rates paid in advance shs 650 (c) Motor vehicles to be depreciated 20% on cost.     You are required to prepare     … Read more
• The following transactions relates to Konate Traders for the month of December 2010.
  The following transactions relates to Konate Traders for the month of December 2010. Dec 1st   Started a business with sh. 200,000 in the Bank account.        2nd   Bought furniture for sh, 50,000 and paid by cheque        3rd    Sold goods on credit to Tila shs, 20,000; Katu 10,000        4th   Bought goods on credit from … Read more
• The following is a table of activities. Name the utility that is created by each activity
  The following is a table of activities. Name the utility that is created by each activity answers (i) Form (ii) Possession (iii) Place (iv) Place    Virus-free.www.avast.com Post Views: 12 Related posts: KCSE ENGLISH GRAMMAR AND LITERATURE NOTES CREATION AND THE FALL OF HUMAN KIND GRADE 7 TERM 1 CRE NOTES KCPE PAST PAPERS 2006 SCIENCE … Read more
• The following information was extracted from the books of Awasi Traders for the year ended 31st March 2011
  The following information was extracted from the books of Awasi Traders for the year ended 31st March 2011. (10mks)Sales 720, 000Stock 1st. April 2010 150,000Stock 31st March 2011 210,000Margin 25% Required (i) Prepare Awasi Traders trading account for the year ending 31st March 2011. (8mks)(ii) Calculate the business rate of Stock turnover. (2mks) ANSWER Post … Read more
• The following information relates to Booker Traders.
  The following information relates to Booker Traders.Kshs.Opening stock 60,000Closing stock 25,000Purchases 120,000Gross profit 45,000Calculate;(a) Margin (2mks)(b) Rate of stock turn over (2mks) Post Views: 8 Related posts: KCPE PAST PAPERS 2007 MATHEMATICS QUESTIONS AND ANSWERS KCSE ENGLISH GRAMMAR AND LITERATURE NOTES CRE Standard 8 Notes GRADE 7 TERM 1 CRE NOTES KCPE PAST PAPERS 2011 … Read more
• The following information relate to Nyando Waves Enterprises for the year ended 30.6.2005
  The following information relate to Nyando Waves Enterprises for the year ended 30.6.2005.Debtors 120,000Creditors 60,000Machinery 450,000Cash at hand 70,000Cash at bank 180,0005 years loan 270,000Stock 60,000Prepare Nyando Waves balance sheet as at 30.06.2005 Post Views: 3 Related posts: KCSE ENGLISH GRAMMAR AND LITERATURE NOTES CO-OPERATION IN AFRICA NOTES CO-OPERATION IN AFRICA NOTES INTRODUCTION TO HISTORY … Read more
• The following account balances were extracted from the migingo traders on 30th April 2002
  The following account balances were extracted from the migingo traders on 30th April 2002 solution Virus-free.www.avast.com Post Views: 6 Related posts: KCSE ENGLISH GRAMMAR AND LITERATURE NOTES CREATION AND THE FALL OF HUMAN KIND The following trial balance was extracted from the books of Carson Traders on 31 December, 2005 after preparing the trading account. … Read more
• The essential elements of transport
  The essential elements of transport The way The unit of carriage Method of propulsion Terminals Virus-free.www.avast.com Post Views: 17 Related posts: DEVELOPMENT OF TRANSPORT AND COMMUNICATION NOTES Parts of a Computer Notes and Self Assessment Questions with Answers DEVELOPMENT OF INDUSTRY NOTES KCSE ENGLISH GRAMMAR AND LITERATURE NOTES FATHERS OF NATIONS STUDY GUIDE PDF CO-OPERATION … Read more
• The equation below represents a process that takes place in plants.
  The equation below represents a process that takes place in plants. Name the process. (1mk) Photosynthesis State three conditions necessary for the process to take place. (3mks) Presence of light Carbon IV Oxide Optimum temperature Water Chlorophyll State three ways in which leaves are adapted to carry out the process named in Above efficiency (3mks) … Read more
• The effectiveness of consumer organizations to protect consumers in Kenya is limited by certain factors. State four of such factors
  The effectiveness of consumer organizations to protect consumers in Kenya is limited by certain factors. State four of such factors Post Views: 24 Related posts: CO-OPERATION IN AFRICA NOTES CO-OPERATION IN AFRICA NOTES KCSE ENGLISH GRAMMAR AND LITERATURE NOTES APPROACHES TO LAW, ORDER AND JUSTICE INTERNATIONAL RELATIONS NOTES FATHERS OF NATIONS STUDY GUIDE PDF THE … Read more
• The diagram below represents the lower jaw of a mammal
  The diagram below represents the lower jaw of a mammal Name the mode of nutrition of the mammal whose jaw is shown. (1mk) Holozoic Nutrition. Give reason for your answer in (a) above. (1mk) -Presence of teeth- shows feeds on solids. State one structural and one functional difference between the teeth labeled J and L. … Read more
• The apparatus shown below is used to investigate an aspect of photosynthesis. Examine it carefully and answer the questions that follow.
  The apparatus shown below is used to investigate an aspect of photosynthesis. Examine it carefully and answer the questions that follow. What aspect of photosynthesis is being investigated? (1mk) To show oxygen is released during photosynthesis. How can you verify the identity of the gas that accumulates in the test tube? (1mk) By inserting a … Read more
• State the kingdoms to which the following organisms belong
  State the kingdoms to which the following organisms belong.  (3mks) Plasmodium – Protoctista Bat – Animalia Yeast – Fungi Virus-free.www.avast.com Post Views: 16 Related posts: KCSE ENGLISH GRAMMAR AND LITERATURE NOTES FATHERS OF NATIONS STUDY GUIDE PDF KCPE PAST PAPERS 2008 SCIENCE QUESTION PAPER AND ANSWERS KCPE PAST PAPERS 2007 SCIENCE QUESTIONS AND ANSWERS KCPE … Read more
• State the function of the following cell organelles
  State the function of the following cell organelles Ribosome (1mk) Site for protein synthesis Lysosome (1mk) Breakdown of worn out organelles Virus-free.www.avast.com Post Views: 5 Related posts: KCSE ENGLISH GRAMMAR AND LITERATURE NOTES FATHERS OF NATIONS STUDY GUIDE PDF KCPE PAST PAPERS 2008 SCIENCE QUESTION PAPER AND ANSWERS KCPE PAST PAPERS 2007 SCIENCE QUESTIONS AND … Read more
• State four ways in which land is useful as a factor of production
  State four ways in which land is useful as a factor of production ANSWER Post Views: 30 Related posts: KCSE ENGLISH GRAMMAR AND LITERATURE NOTES DEVELOPMENT OF INDUSTRY NOTES AFRICAN MORAL AND CULTURAL VALUES THE SINAI COVENANT AND MOSES FATHERS OF NATIONS STUDY GUIDE PDF DEVELOPMENT OF AGRICULTURE NOTES DEVELOPMENT OF TRANSPORT AND COMMUNICATION NOTES … Read more
• State four unethical practices that may occur in product promotion
  State four unethical practices that may occur in product promotion Post Views: 24 Related posts: Name two instruments kept in a Stevenson screen The diagram below shows the hydrological cycle. Study the map of Nyeri (East Africa 1:50,000) to answer questions that follow. CRE Standard 8 Notes KCPE PAST PAPERS 2006 ENGLISH GRAMMAR QUESTION PAPER … Read more
• State four requirements of opening a bank account
  State four requirements of opening a bank account ANSWER Post Views: 43 Related posts: KCSE ENGLISH GRAMMAR AND LITERATURE NOTES FATHERS OF NATIONS STUDY GUIDE PDF CREATION AND THE FALL OF HUMAN KIND HISTORY AND GOVERNMENT REVISION KIT WITH QUESTIONS AND ANSWERS FOR FORM 4-2022 GRADE 7 TERM 1 CRE NOTES CO-OPERATION IN AFRICA NOTES … Read more
• State four reasons why short message service (SMS) is replacing letters as a way of communication
  State four reasons why short message service (SMS) is replacing letters as a way of communication Cheap to use SMS services Faster than letters Can be sent to many at once Realiable-delivery reports are given Virus-free.www.avast.com Post Views: 133 Related posts: KCSE ENGLISH GRAMMAR AND LITERATURE NOTES ​KCSE PAST PAPERS CHEMISTRY PAPER 1, 2 AND … Read more
• State four reasons why National Income Statistics may not be appropriate for comparing living standards between two countries
  State four reasons why National Income Statistics may not be appropriate for comparing living standards between two countries Post Views: 14 Related posts: KCSE ENGLISH GRAMMAR AND LITERATURE NOTES CO-OPERATION IN AFRICA NOTES CO-OPERATION IN AFRICA NOTES CRE Standard 8 Notes CHRISTIAN APPROACHES TO HUMAN SEXUALITY,MARRIAGE AND FAMILY FATHERS OF NATIONS STUDY GUIDE PDF AFRICAN … Read more
• State four reasons why flower exporters choose to transport their produce by air rather than by sea
  State four reasons why flower exporters choose to transport their produce by air rather than by sea ANSWER Post Views: 50 Related posts: KCSE ENGLISH GRAMMAR AND LITERATURE NOTES DEVELOPMENT OF TRANSPORT AND COMMUNICATION NOTES FATHERS OF NATIONS STUDY GUIDE PDF DEVELOPMENT OF INDUSTRY NOTES AFRICAN MORAL AND CULTURAL VALUES Name two instruments kept in … Read more
• State four reasons why a teacher would choose to save with a SACCO rather than a commercial bank
  State four reasons why a teacher would choose to save with a SACCO rather than a commercial bank ANSWER Post Views: 8 Related posts: KCSE ENGLISH GRAMMAR AND LITERATURE NOTES HELB FINANCIAL LITERACY GUIDE FATHERS OF NATIONS STUDY GUIDE PDF AFRICAN MORAL AND CULTURAL VALUES CRE Standard 8 Notes THE SINAI COVENANT AND MOSES CHRISTIAN … Read more
• State four merits of storing goods in a public warehouse
  State four merits of storing goods in a public warehouse  Goods can be sold without physical movement Traders do not incur costs of constructing their own warehouses Goods can be used as collateral to get short term loans Goods are insured Enables large scale buyers to accommodate bulk from small scale sellers Additional services e.g. … Read more