business-studies-f2t1-2024-ms-teacher.co_.ke
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DATE 07 Dec 2025
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SIZE 1.77 MB
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notes
About This Document
Document Type: This is a Study Notes, designed for Reviewing core curriculum material.
Context: Standard material from the 2024 academic period.
Key Content: Likely covers essential definitions, theoretical concepts necessary for mastery of the subject.
Study Strategy: Summarize these notes into flashcards or mind maps to aid active recall and long-term retention.
Recommendation: comprehensive resource for students aiming to deepen their understanding of General Studies.
Detailed Content Overview
Introduction
This notes resource titled "business-studies-f2t1-2024-ms-teacher.co_.ke" offers detailed study notes covering essential concepts and theories. This resource is structured to facilitate effective learning and retention of important information.
Key Topics Covered
Learning Objectives
- Understand fundamental principles and core concepts
- Build a strong foundation for advanced study
- Connect theoretical knowledge with practical applications
- Prepare comprehensively for assessments and exams
Detailed Summary
FORM 2 END OF TERM 1 MARKING SCHEME Download this and other FREE materials from https://teacher. State the term given to each of the following business studies components. (4 marks) a) Study of aids to trade and trade. Commerce b) Study of activities carried out in an office. Office practice c) Study of the process of identifying a business opportunity and acquiring resources to start and run a business. Entrepreneurship d) Systematic way of recording business activities which are used for decision making. State four principles of co - operative societies. (4 marks) i) Open and voluntary membership ii) Democratic administration iii) Co – operation with other cooperatives iv) Limited interest on share capital v) Promotion of education to members vi) Provision of dividends to members 3. State four functions of an entrepreneur. (4 marks) a) Controls the business b) Starts the business c) Makes decisions d) Acquires and pays for all other factors of production e) Bears the risks and enjoys profit f) Pays for such expenses such as electricity g) Owns the whole project 4.
Study Tips & Recommendations
Active Reading
Highlight key terms and concepts. Make marginal notes to capture important ideas as you read.
Summarization
Create flashcards or summary sheets for quick revision. Condense information into digestible chunks.
Collaborative Learning
Discuss concepts with peers to deepen understanding. Teaching others is an excellent way to solidify your knowledge.
Regular Review
Schedule periodic reviews to reinforce learning and combat forgetting. Use spaced repetition for optimal retention.
Content Preview
FORM 2 END OF TERM 1 MARKING SCHEME Download this and other FREE materials from https://teacher.co.ke/notes 1. State the term given to each of the following business studies components. (4 marks) a) Study of aids to trade and trade. Commerce b) Study of activities carried out in an office. Office practice c) Study of the process of identifying a business opportunity and acquiring resources to start and run a business. Entrepreneurship d) Systematic way of recording business activities which are...
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