2026 Grade 10 Business Studies End of Term 1 Exam with Marking Scheme

This paper covers the following topics:

• Money (Kenyan currency security features, functions, demand and supply, and ethical practices)
• Business goals (importance, factors to consider, and formulating SMART goals)
• Budgeting (importance, types of business budgets, and simple budget preparation)
• Banking (importance in the economy, types of bank accounts, ethical practices, and recent trends)
• Economic activities and resources (needs versus wants, types of economic resources, and classification of business activities)
• Forms of business ownership (advantages/disadvantages of sole proprietorships, sources of finance for partnerships and cooperatives, and contributions to economic growth)
• Corporate Social Responsibility (reasons for practice, challenges, potential activities, and societal benefits)

• Duration: 1 Hour 30 Minutes
• Total Marks: 80
• Number of Questions: 6
• Marking Scheme: The marking