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business-studies-f3t1-2024-ms-teacher.co_.ke

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  • UPLOADED BY Unknown
  • DATE 07 Dec 2025
  • SIZE 1.78 MB
  • DOWNLOADS 0
  • TAGS
    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, structured questions to test your proficiency.

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.

1,355 words

Detailed Content Overview

7 min read Beginner Level 1,355 words
Introduction

This notes resource titled "business-studies-f3t1-2024-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
1 Principles of insurance
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 3 END OF TERM 1 MARKING SCHEME Download this and other FREE materials from https://teacher. Define the following components of Business Studies. (4 marks) a) Economics - Study of how competing human wants are satisfied with limited/ scarce resources b) Accounting – Systematic way of recording, analyzing of business transactions and financial statements c) Office practice – Activities that take place in an office e. g communication d) Commerce – Study of trade and aids to trade 2. State any four clauses that are contained in a memorandum of association. (4 marks) a) Name clause b) Object clause c) Capital clause d) Declaration clause e) Situation clause f) Liability clause 3. Outline four ways of determining the size of a firm. (4 marks) a) Volume of output and sales b) Number of employees c) Capital invested d) Level of technology used/ production method e) Floor area occupied by premises f) Share of the market g) Value of the assets it owns 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 3 END OF TERM 1 MARKING SCHEME Download this and other FREE materials from https://teacher.co.ke/notes 1. Define the following components of Business Studies. (4 marks) a) Economics - Study of how competing human wants are satisfied with limited/ scarce resources b) Accounting – Systematic way of recording, analyzing of business transactions and financial statements c) Office practice – Activities that take place in an office e.g communication d) Commerce – Study of trade and aids to trade...

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