Define Business Studies. State two importance of Business Studies. What are human needs? Mention three examples of basic human needs. Define occupation.

Section A: Objective Questions 30. The strong entrepreneurship that reduces poverty, creates industries and boosts the country's reputation is called (c) economic growth. THEORY Answer any four (4) questions 1(a) Define Business Studies. Business Studies is an academic discipline that examines the organization, management, and operations of businesses, as well as their interaction with the economic, social, and political environment. 1(b) State two importance of Business Studies. It equips individuals with knowledge and skills essential for managing personal finances and making informed economic decisions. It prepares students for careers in various business sectors and fosters entrepreneurial skills for starting and managing their own ventures. 2(a) What are human needs? Human needs are the fundamental requirements that individuals must satisfy to survive, thrive, and maintain their well-being, ranging from basic physiological necessities to higher-level psychological and self-fulfillment desires. 2(b) Mention three examples of basic human needs. Food Shelter Clothing 3(a) Define occupation. An occupation is a job or profession that a person engages in regularly, typically for a living, involving specific duties and responsibilities, and often requiring particular skills or training. 3(b) List four types of occupation. Professional (e.g., doctor, lawyer) Skilled (e.g., carpenter, electrician) Semi-skilled (e.g., factory worker, cashier) Unskilled (e.g., cleaner, laborer) 4(a) What is an office? An office is a designated space, room, or building where administrative, professional, or commercial work is conducted, serving as a central point for communication, record-keeping, and decision-making within an organization. 4(b) State four functions of an office. Receiving and Sending Information: Handling incoming and outgoing communications such as letters, emails, and phone calls. Recording and Storing Information: Maintaining records, files, and databases for future reference and legal compliance. Processing Information: Analyzing data, preparing reports, and supporting decision-making processes. Safeguarding Assets: Protecting important documents, equipment, and other valuable assets of the organization.