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GRADE 7 DISCUSSION QUESTIONS

Authored by HOSEA KIPROP

Business

8th Grade

Used 2+ times

GRADE 7 DISCUSSION QUESTIONS
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32 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

Discuss the importance of financial discipline

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Answer explanation

Financial discipline is crucial as it helps individuals and organizations manage their resources effectively, avoid debt, and achieve long-term goals. It fosters savings, investment, and responsible spending, ensuring financial stability.

2.

OPEN ENDED QUESTION

3 mins • 1 pt

Discuss five features of smart goals.

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Answer explanation

Smart goals are Specific, Measurable, Achievable, Relevant, and Time-bound. These features ensure clarity, trackability, feasibility, alignment with broader objectives, and a clear deadline for completion.

3.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the importance of entrepreneurship in the economy of Kenya?

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Answer explanation

Entrepreneurship in Kenya drives economic growth by creating jobs, fostering innovation, and increasing competition. It also helps diversify the economy and empowers local communities, contributing to overall national development.

4.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors should entrepreneur consider before deciding to invest?

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Answer explanation

Entrepreneurs should consider market demand, competition, financial stability, potential return on investment, and their own expertise before deciding to invest. These factors help assess the viability and risks of the investment.

5.

OPEN ENDED QUESTION

3 mins • 1 pt

Name four characteristics of a good entrepreneur.

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Answer explanation

A good entrepreneur typically exhibits strong leadership, resilience, creativity, and effective communication skills. These traits help them navigate challenges and inspire others while driving innovation and growth.

6.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors enhances business success in the community.

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Answer explanation

Factors such as community engagement, strong local networks, access to resources, and supportive policies enhance business success by fostering collaboration and creating a conducive environment for growth.

7.

OPEN ENDED QUESTION

3 mins • 1 pt

Discuss four sources of business ideas.

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Answer explanation

Four sources of business ideas include personal experiences, market research, trends analysis, and brainstorming sessions. Each source provides unique insights that can inspire innovative business concepts.

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