QUESTION TWO

$[40]$

$2\mathrm{.}1$ Explain the importance of studying business management.

$(10)$

$2\mathrm{.}2$ Outline the factors of production that is required to open an accounting firm

$(10)$

$2\mathrm{.}3$ Discuss each of the primary and support activities of the value chain model.

$(20)$