CERTIFICATE
GRADE 11; 2025
Business Studies June March Paper 2
,SECTION A: COMPULSORY
QUESTION 1
1.1.1 Which of the following is an example of a fixed cost in a business?
A. Raw materials
B. Rent
C. Electricity
D. Advertising
1.1.2 This leadership style allows employees to participate in decision-making:
A. Autocratic
B. Laissez-faire
C. Democratic
D. Bureaucratic
1.1.3 Which of the following is considered an internal recruitment method?
A. Job portals
B. Head-hunting
C. Promotions
D. Employment agencies
1.1.4 The document used by a company to invite the public to buy shares is called a:
A. Invoice
B. Prospectus
C. Memorandum of Incorporation
D. Shareholder Agreement
1.1.5 A business that allows another person to trade under its brand is known as a:
A. Sole proprietor
B. Cooperative