{"id":126,"date":"2023-04-01T12:29:00","date_gmt":"2023-04-01T12:29:00","guid":{"rendered":"http:\/\/localhost\/solvefor2\/?p=126"},"modified":"2023-04-01T12:09:51","modified_gmt":"2023-04-01T12:09:51","slug":"entrepreneurship-education-paper-3-resourceful-mock-examinations-2020-st-marys-kitende","status":"publish","type":"post","link":"https:\/\/edu.co.tz\/notes\/entrepreneurship-education-paper-3-resourceful-mock-examinations-2020-st-marys-kitende\/","title":{"rendered":"ENTREPRENEURSHIP EDUCATION PAPER 3 RESOURCEFUL MOCK EXAMINATIONS 2020 ST. MARYS\u2019 KITENDE"},"content":{"rendered":"<p><span style=\"font-family:Bookman Old Style; font-size:10pt\">P230\/3<br \/>\n<\/span><\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:10pt\">Entrepreneurship<br \/>\n<\/span><\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:10pt\">Education<br \/>\n<\/span><\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:10pt\">Paper 3<br \/>\n<\/span><\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:10pt\">Nov 2020<br \/>\n<\/span><\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:10pt\">3 hours<br \/>\n<\/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:13pt\"><strong>ST. MARYS&#8217; KITENDE<br \/>\n<\/strong><\/span><\/p>\n<p style=\"text-align: center\"><span style=\"font-family:Bookman Old Style; font-size:13pt\"><strong><em>Uganda Advanced Certificate of Education<br \/>\n<\/em><\/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 3<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>\n\u00a0<\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\"><strong>Instructions<br \/>\n<\/strong><\/span><\/p>\n<ul>\n<li><span style=\"font-family:Bookman Old Style; font-size:13pt\"><em>The paper consists of <strong>three<\/strong> sections <strong>A, B<\/strong> and <strong>C<\/strong>.<br \/>\n<\/em><\/span><\/li>\n<li><span style=\"font-family:Bookman Old Style; font-size:13pt\"><em>Answer any four questions only.<br \/>\n<\/em><\/span><\/li>\n<li><span style=\"font-family:Bookman Old Style; font-size:13pt\"><em>All questions carry equal marks.<br \/>\n<\/em><\/span><\/li>\n<li>\n<div><span style=\"font-family:Bookman Old Style; font-size:13pt\"><em>Section A is compulsory. Answer any three questions from section B<br \/>\n<\/em><\/span><\/div>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\"><em>and C.<br \/>\n<\/em><\/span><\/p>\n<\/li>\n<li><span style=\"font-family:Bookman Old Style; font-size:13pt\"><em>Credit will be given for use of relevant diagrams and illustrations.<br \/>\n<\/em><\/span><\/li>\n<li><span style=\"font-family:Bookman Old Style; font-size:13pt\"><em>Any additional question(s) answered will not be marked.<br \/>\n<\/em><\/span><\/li>\n<\/ul>\n<p>\n\u00a0<\/p>\n<p style=\"text-align: center\"><span style=\"font-family:Bookman Old Style; font-size:13pt\"><strong>SECTION A: CASE STUDY<br \/>\n<\/strong><\/span><\/p>\n<p style=\"text-align: center\"><span style=\"font-family:Bookman Old Style; font-size:13pt\"><em>Answer <strong>all<\/strong> parts of this questions<\/em>.<br \/>\n<\/span><\/p>\n<p>\n\u00a0<\/p>\n<ol>\n<li><span style=\"font-family:Bookman Old Style; font-size:13pt\">Read the case study below and answer the questions that follow.<br \/>\n<\/span><\/li>\n<\/ol>\n<p>\n\u00a0<\/p>\n<p style=\"text-align: justify\"><span style=\"font-family:Bookman Old Style; font-size:13pt\">Menemapat is a prominent entrepreneur in Gayaza town. His desire to become an entrepreneur started when he was in his ordinary level, when he was introduced to entrepreneurship Education.<br \/>\n<\/span><\/p>\n<p style=\"text-align: justify\">\n\u00a0<\/p>\n<p style=\"text-align: justify\"><span style=\"font-family:Bookman Old Style; font-size:13pt\">After studying entrepreneurship Education at &#8216;O&#8217; and &#8216;A&#8217; levels, he joined Kyambogo University and pursued a Bachelor&#8217;s degree in small scale business management. He gathered a lot of knowledge and courage to be independent after his studies.<br \/>\n<\/span><\/p>\n<p style=\"text-align: justify\">\n\u00a0<\/p>\n<p style=\"text-align: justify\"><span style=\"font-family:Bookman Old Style; font-size:13pt\">After completion of his studies at university, he quickly mobilized capital from, his personal sources, his parents and well-wishers and he started a poultry farm. He concentrated all his effort, knowledge and skills on his project.<br \/>\n<\/span><\/p>\n<p style=\"text-align: justify\">\n\u00a0<\/p>\n<p style=\"text-align: justify\"><span style=\"font-family:Bookman Old Style; font-size:13pt\">His business currently employs over 50 people and registers annual sales of more than Ug. shs 360m.<br \/>\n<\/span><\/p>\n<p style=\"text-align: justify\">\n\u00a0<\/p>\n<p style=\"text-align: justify\"><span style=\"font-family:Bookman Old Style; font-size:13pt\">He uses various tools to monitor the performance standards of his business which has made him identify weaknesses and solve them early enough before affecting the business.<br \/>\n<\/span><\/p>\n<p style=\"text-align: justify\">\n\u00a0<\/p>\n<p style=\"text-align: justify\"><span style=\"font-family:Bookman Old Style; font-size:13pt\">Mene has a big dream for his business, he plans to make it a model poultry farm in Uganda. However, some times he is challenged with failure to manage time properly due to limited knowledge about time management.<br \/>\n<\/span><\/p>\n<p style=\"text-align: justify\">\n\u00a0<\/p>\n<p style=\"text-align: justify\"><span style=\"font-family:Bookman Old Style; font-size:13pt\">The business stock such as poultry feeds, medicines, eggs etc. are properly kept to avoid stock loss. In order to ensure this, strong rooms were constructed and employed store managers who are fully accountable for the items in the store. All tools of stores and inventory management are employed in the business to ensure efficiency.<br \/>\n<\/span><\/p>\n<p style=\"text-align: justify\">\n\u00a0<\/p>\n<p style=\"text-align: justify\"><span style=\"font-family:Bookman Old Style; font-size:13pt\">Mene&#8217;s business expands day by day and hopefully his dream will be realized, God willing.<br \/>\n<\/span><\/p>\n<p style=\"text-align: justify\">\n\u00a0<\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\"><strong>Questions<\/strong>:<br \/>\n<\/span><\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\">a) What type of business is Mene&#8217;s business?\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(2 marks)<br \/>\n<\/span><\/p>\n<p>\n\u00a0<\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\">b) i) With evidence, explain the tools of monitoring business operations used by the 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\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(6 marks)<br \/>\n<\/span><\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\">ii) Why does the entrepreneur emphasize the issue of business monitoring?\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\u00a0\u00a0\u00a0\u00a0(4 marks)<br \/>\n<\/span><\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\">c) Advice the entrepreneur on the ways of managing time effectively.<br \/>\n<\/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\u00a0\u00a0\u00a0\u00a0(8 marks)<br \/>\n<\/span><\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\">d) Why is it necessary for Mene to manage inventory in his business?<br \/>\n<\/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\u00a0\u00a0\u00a0\u00a0(5 marks)<br \/>\n<\/span><\/p>\n<p style=\"text-align: center\"><span style=\"font-family:Bookman Old Style; font-size:13pt\"><strong>SECTION B<br \/>\n<\/strong><\/span><\/p>\n<p style=\"text-align: center\"><span style=\"font-family:Bookman Old Style; font-size:13pt\"><strong>SCHOOL BUSINESS CLUB<br \/>\n<\/strong><\/span><\/p>\n<p style=\"text-align: center\"><span style=\"font-family:Bookman Old Style; font-size:13pt\"><em>Attempt at least <strong>one<\/strong> question from this section.<br \/>\n<\/em><\/span><\/p>\n<p style=\"text-align: center\">\n\u00a0<\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\">2. Basing on the school Entrepreneurship Club project in which you participated a s a member;<br \/>\n<\/span><\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\">a) Describe the project.\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(5 marks)<br \/>\n<\/span><\/p>\n<p>\n\u00a0<\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\">b) Which factors dis you consider when selecting a supplier of inputs for the project?\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(6 marks)<br \/>\n<\/span><\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\">c) How did the executive committee motivate the members of the project?\u00a0\u00a0\u00a0\u00a0<br \/>\n<\/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\u00a0\u00a0\u00a0\u00a0(8 marks)<br \/>\n<\/span><\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\">d) What were the indicators of good customer relations in the project?<br \/>\n<\/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\u00a0\u00a0\u00a0\u00a0(6 marks)<br \/>\n<\/span><\/p>\n<p>\u00a0\u00a0\u00a0\u00a0<br \/>\n\u00a0<\/p>\n<p>\n\u00a0<\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\">3. With reference to the project you operated in your school business club;<br \/>\n<\/span><\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\">a) Give the general description of the project.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(5 marks)<br \/>\n<\/span><\/p>\n<p>\n\u00a0<\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\">b) Why was there need for quality control in your project?\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(6 marks)<br \/>\n<\/span><\/p>\n<p>\n\u00a0<\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\">c) Explain the factors that you considered when determining prices for the products by your project.\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(8 marks)<br \/>\n<\/span><\/p>\n<p>\n\u00a0<\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\">d) Explain the factors you considered when evaluating the business ideas to select the one you operated.\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(6 marks)<br \/>\n<\/span><\/p>\n<p>\n\u00a0<\/p>\n<p style=\"text-align: center\"><span style=\"font-family:Bookman Old Style; font-size:13pt\"><strong>SECTION C<br \/>\n<\/strong><\/span><\/p>\n<p style=\"text-align: center\"><span style=\"font-family:Bookman Old Style; font-size:13pt\"><strong>FIELD TRIP AND ATTACHMENT<br \/>\n<\/strong><\/span><\/p>\n<p>\n\u00a0<\/p>\n<p style=\"text-align: center\"><span style=\"font-family:Bookman Old Style; font-size:13pt\"><em>Attempt at least <strong>one<\/strong> question form this section<\/em>.<br \/>\n<\/span><\/p>\n<p>\n\u00a0<\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\">4. With reference to any business you were attached to;<br \/>\n<\/span><\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\">a) i) Describe he nature of the business.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(3 marks)<br \/>\n<\/span><\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\">ii) Describe the plant layout of the business.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(3 marks)<br \/>\n<\/span><\/p>\n<p>\n\u00a0<\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\">b) Explain the measures undertaken to promote good employer-employee relations.\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(5 marks)<br \/>\n<\/span><\/p>\n<p>\n\u00a0<\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\">d) Advice the entrepreneur on;<br \/>\n<\/span><\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\">i) The aspects to consider when evaluating business competition.\u00a0\u00a0\u00a0\u00a0(6 marks)<br \/>\n<\/span><\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\">ii) Benefits of observing business ethics towards the various parties. (4 marks)<br \/>\n<\/span><\/p>\n<p>\n\u00a0<\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\">5. Basing on any one field trip you carried out as an individual or group;<br \/>\n<\/span><\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\">a) Give the profile of the 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(4 marks)<br \/>\n<\/span><\/p>\n<p>\n\u00a0<\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\">b) State the rationale for carrying out the field trip.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(4 marks)<br \/>\n<\/span><\/p>\n<p>\n\u00a0<\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\">c) Explain the various laws observed by the business.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(6 marks)<br \/>\n<\/span><\/p>\n<p>\n\u00a0<\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\">d) i) Explain any 6 production challenges faced by the business.\u00a0\u00a0\u00a0\u00a0(6 marks)<br \/>\n<\/span><\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\">ii) How has the business managed to overcome the challenges mentioned in (e) (i) above.\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(5 marks)<br \/>\n<\/span><\/p>\n<p>\n\u00a0<\/p>\n<p style=\"text-align: center\"><span style=\"font-family:Bookman Old Style; font-size:13pt\"><strong>END<\/strong><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>P230\/3 Entrepreneurship Education Paper 3 Nov 2020 3 hours \u00a0 ST. MARYS&#8217; KITENDE Uganda Advanced Certificate of Education RESOURCEFUL MOCK<\/p>\n","protected":false},"author":1,"featured_media":300,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7,1],"tags":[],"class_list":["post-126","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 3 RESOURCEFUL MOCK EXAMINATIONS 2020 ST. 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