{"id":122,"date":"2023-04-01T12:45:58","date_gmt":"2023-04-01T12:45:58","guid":{"rendered":"http:\/\/localhost\/solvefor2\/?p=122"},"modified":"2023-04-01T12:04:34","modified_gmt":"2023-04-01T12:04:34","slug":"entrepreneurship-education-paper-1-resourceful-mock-examinations-2020-st-marys-kitende","status":"publish","type":"post","link":"https:\/\/edu.co.tz\/notes\/entrepreneurship-education-paper-1-resourceful-mock-examinations-2020-st-marys-kitende\/","title":{"rendered":"ENTREPRENEURSHIP EDUCATION Paper 1 RESOURCEFUL  MOCK EXAMINATIONS 2020 ST. MARYS\u2019 KITENDE"},"content":{"rendered":"<p><span style=\"font-family:Bookman Old Style; font-size:13pt\"><strong>P230\/1<br \/>\n<\/strong><\/span><\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\"><strong>ENTREPRENEURSHIP<br \/>\n<\/strong><\/span><\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\"><strong>EDUCATION<br \/>\n<\/strong><\/span><\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\"><strong>Paper 1<br \/>\n<\/strong><\/span><\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\"><strong>Nov 2020<br \/>\n<\/strong><\/span><\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\"><strong>3 hours<br \/>\n<\/strong><\/span><\/p>\n<p style=\"text-align: center\">\n\u00a0<\/p>\n<p style=\"text-align: center\"><span style=\"font-family:Bookman Old Style; font-size:14pt\"><strong>ST. MARYS\u0092 KITENDE<br \/>\n<\/strong><\/span><\/p>\n<p style=\"text-align: center\"><span style=\"font-family:Bookman Old Style; font-size:13pt\"><strong>Uganda Advanced Certificate of Education<br \/>\n<\/strong><\/span><\/p>\n<p style=\"text-align: center\"><span style=\"font-family:Bookman Old Style; font-size:13pt\"><strong>RESOURCEFUL  MOCK EXAMINATIONS 2020<br \/>\n<\/strong><\/span><\/p>\n<p style=\"text-align: center\"><span style=\"font-family:Bookman Old Style; font-size:13pt\"><strong>ENTREPRENEURSHIP EDUCATION<br \/>\n<\/strong><\/span><\/p>\n<p style=\"text-align: center\"><span style=\"font-family:Bookman Old Style; font-size:13pt\"><strong>Paper 1<br \/>\n<\/strong><\/span><\/p>\n<p style=\"text-align: center\"><span style=\"font-family:Bookman Old Style; font-size:13pt\"><strong>3 hours<br \/>\n<\/strong><\/span><\/p>\n<p style=\"text-align: center\">\n\u00a0<\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt; text-decoration:underline\"><strong>INSTRUCTIONS TO CANDIDATES:<br \/>\n<\/strong><\/span><\/p>\n<ul>\n<li><span style=\"font-family:Bookman Old Style; font-size:13pt\">This question paper consists of <span style=\"text-decoration:underline\"><strong>two<\/strong><\/span> sections <strong>A<\/strong> and B.<br \/>\n<\/span><\/li>\n<li><span style=\"font-family:Bookman Old Style; font-size:13pt\">Answer<span style=\"text-decoration:underline\"><strong> five<\/strong><\/span> questions only.<br \/>\n<\/span><\/li>\n<li><span style=\"font-family:Bookman Old Style; font-size:13pt\">Section <strong>A<\/strong> is compulsory, answers to this section should be precise.<br \/>\n<\/span><\/li>\n<li><span style=\"font-family:Bookman Old Style; font-size:13pt\">Answer<span style=\"text-decoration:underline\"><strong> four<\/strong><\/span> questions from section B.<br \/>\n<\/span><\/li>\n<li><span style=\"font-family:Bookman Old Style; font-size:13pt\">Credit shall be given for use of relevant diagrams and illustrations.<br \/>\n<\/span><\/li>\n<li>\n<div><span style=\"font-family:Bookman Old Style; font-size:13pt\">Any additional question(s) attempted shall not be marked.<br \/>\n<\/span><\/div>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\"><strong>SECTION A (20 marks)<br \/>\n<\/strong><\/span><\/p>\n<\/li>\n<\/ul>\n<ol>\n<li>\n<div><span style=\"font-family:Bookman Old Style; font-size:13pt\">(a) (i) What is meant by a mission statement.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<strong><em>1mk<\/em><\/strong><br \/>\n\t\t\t\t<\/span><\/div>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\">     (ii) Give any three benefits of developing a mission statement to the \u00a0\u00a0\u00a0\u00a0business.<strong><em>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a03mks<\/em><\/strong><br \/>\n\t\t\t\t<\/span><\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<strong><em><br \/>\n\t\t\t\t\t\t<\/em><\/strong><\/span><\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\">(b)(i) What is meant by a feasibility study?\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<strong><em>1mk<\/em><\/strong><br \/>\n\t\t\t\t<\/span><\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\">(ii) State any three reasons for carrying out a feasibility study before starting a business. \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<strong><em>3mks<\/em><\/strong>.<br \/>\n<\/span><\/p>\n<p>\n\u00a0<\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\">(c) Mention any four effects of climate change on business activities.            \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<strong><em>4mks<br \/>\n<\/em><\/strong><\/span><\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\">(d) (i) Distinguish between lead time and re order level.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<strong><em>2mks<\/em><\/strong><br \/>\n\t\t\t\t<\/span><\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\">(ii) Give any two ways of managing inventory in a business. <strong><em>2mks<\/em><\/strong>\u00a0\u00a0\u00a0\u00a0<br \/>\n<\/span><\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\">(e) (i) Define the term prototype.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<strong><em>1mk<\/em><\/strong>\u00a0\u00a0\u00a0\u00a0<br \/>\n<\/span><\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\">(ii) Mention any three factors that influence the level of sales of a \u00a0\u00a0\u00a0\u00a0business.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<strong><em>3mks<\/em><\/strong><br \/>\n\t\t\t\t<\/span><\/p>\n<p>\n\u00a0<\/p>\n<\/li>\n<\/ol>\n<p>\n\u00a0<\/p>\n<p style=\"text-align: center; margin-left: 36pt\"><span style=\"font-family:Bookman Old Style; font-size:13pt\"><strong>SECTION B (80 marks)<br \/>\n<\/strong><\/span><\/p>\n<p style=\"margin-left: 36pt\">\n\u00a0<\/p>\n<ol>\n<li>\n<div><span style=\"font-family:Bookman Old Style; font-size:13pt\">(a) Explain the principles that govern development of a lucrative personal brand.      \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<strong><em>10mks<\/em><\/strong><br \/>\n\t\t\t\t<\/span><\/div>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\">(b) What benefits do entrepreneurs get from developing a personal brand.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<strong><em>10mks<\/em><\/strong><br \/>\n\t\t\t\t<\/span><\/p>\n<p>\n\u00a0<\/p>\n<\/li>\n<li>\n<div><span style=\"font-family:Bookman Old Style; font-size:13pt\">(a) Why should entrepreneurs observe quality during the production process.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<strong><em>10mks <\/em><\/strong><br \/>\n\t\t\t\t<\/span><\/div>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\">(b) Examine the strategies that can be used by entrepreneurs to increase profits. \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<strong><em>12mks<br \/>\n<\/em><\/strong><\/span><\/p>\n<p>\n\u00a0<\/p>\n<\/li>\n<li>\n<div><span style=\"font-family:Bookman Old Style; font-size:13pt\">(a) Describe the process of effective creative selling.\u00a0\u00a0\u00a0\u00a0<strong><em>10mks<\/em><\/strong><br \/>\n\t\t\t\t<\/span><\/div>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\">(b) What is the basis for dividing the market into the different submarkets\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<strong><em>10mks<br \/>\n<\/em><\/strong><\/span><\/p>\n<p>\n\u00a0<\/p>\n<\/li>\n<li>\n<div><span style=\"font-family:Bookman Old Style; font-size:13pt\">(a) What is the contribution of Uganda Securities Exchange (USE) to the development of Uganda.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<strong><em>10mks<\/em><\/strong><br \/>\n\t\t\t\t<\/span><\/div>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\">(b) What factors limit effective performance of capital markets in Uganda.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<strong><em>10mks<\/em><\/strong><br \/>\n\t\t\t\t<\/span><\/p>\n<p>\n\u00a0<\/p>\n<\/li>\n<li>\n<div><span style=\"font-family:Bookman Old Style; font-size:13pt\">(a)  Explain factors that affect the amount of wages paid to workers in a business. \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<strong><em>10mks<\/em><\/strong><br \/>\n\t\t\t\t<\/span><\/div>\n<ol>\n<li><span style=\"font-family:Bookman Old Style; font-size:13pt\">Explain the conditions when the wages of employees may be increased in an organization.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<strong><em>10mks<\/em><\/strong><br \/>\n\t\t\t\t\t<\/span><\/li>\n<\/ol>\n<\/li>\n<li>\n<div><span style=\"font-family:Bookman Old Style; font-size:13pt\">(a) Explain the role of taxation in Uganda.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<strong><em>10mks<\/em><\/strong><br \/>\n\t\t\t\t<\/span><\/div>\n<ol>\n<li><span style=\"font-family:Bookman Old Style; font-size:13pt\">How can the rampant tax Evasion be reduced in Uganda?                       \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<strong><em>\u00a0\u00a0\u00a0\u00a010mks<\/em><\/strong><br \/>\n\t\t\t\t\t<\/span><\/li>\n<\/ol>\n<\/li>\n<\/ol>\n<p style=\"text-align: center\"><span style=\"font-family:Bookman Old Style; font-size:13pt\"><strong>END<br \/>\n<\/strong><\/span><\/p>\n<p style=\"text-align: center\"><span style=\"font-family:Bookman Old Style; font-size:13pt\"><strong>\u0093 Where there is a will, there are a thousand ways, where there is no will, there are a thousand excuses.&#8221;<br \/>\n<\/strong><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>P230\/1 ENTREPRENEURSHIP EDUCATION Paper 1 Nov 2020 3 hours \u00a0 ST. MARYS\u0092 KITENDE Uganda Advanced Certificate of Education RESOURCEFUL MOCK<\/p>\n","protected":false},"author":1,"featured_media":278,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7,1],"tags":[],"class_list":["post-122","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-entrepreneurship","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>ENTREPRENEURSHIP EDUCATION Paper 1 RESOURCEFUL MOCK EXAMINATIONS 2020 ST. 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