Question: QUESTION TWO (30 MARKS) 2.1 Over the years, countries and communities have approached need satisfaction in different ways. There are three main approaches that

QUESTION TWO (30 MARKS) 2.1 Over the years, countries and communities have

QUESTION TWO (30 MARKS) 2.1 Over the years, countries and communities have approached need satisfaction in different ways. There are three main approaches that are still followed by communities for the solution of their economic problems. Using examples, discuss the basic economic systems to provide for the economic models of basics of economy. (15) 2.2 Discuss the nature and the purpose of Business Management as a Science. In your answer highlight the factors, methods and the principles that enable the business to function effectively. Where possible justify your response with theory. (15)

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