{"id":130,"date":"2023-04-01T12:24:46","date_gmt":"2023-04-01T12:24:46","guid":{"rendered":"http:\/\/localhost\/solvefor2\/?p=130"},"modified":"2023-04-01T12:45:14","modified_gmt":"2023-04-01T12:45:14","slug":"uace-entrepreneurship-education-paper-3-mukono-examinations-council","status":"publish","type":"post","link":"https:\/\/edu.co.tz\/notes\/uace-entrepreneurship-education-paper-3-mukono-examinations-council\/","title":{"rendered":"UACE ENTREPRENEURSHIP EDUCATION Paper 3 MUKONO EXAMINATIONS COUNCIL"},"content":{"rendered":"<p style=\"text-align: justify\"><span style=\"font-family:Calibri Light; font-size:12pt\"><strong>P230\/3<br \/>\n<\/strong><\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family:Calibri Light; font-size:12pt\"><strong>ENTREPRENEURSHIP<br \/>\n<\/strong><\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family:Calibri Light; font-size:12pt\"><strong>EDUCATION<br \/>\n<\/strong><\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family:Calibri Light; font-size:12pt\"><strong>Paper 3<br \/>\n<\/strong><\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family:Calibri Light; font-size:12pt\"><strong>Jul\/Aug 2016<br \/>\n<\/strong><\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family:Calibri Light; font-size:12pt\"><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:Calibri Light; font-size:12pt\"><strong>MUKONO EXAMINATIONS COUNCIL<br \/>\n<\/strong><\/span><\/p>\n<p style=\"text-align: center\"><span style=\"font-family:Calibri Light; font-size:12pt\"><strong>Uganda Advanced Certificate of Education<br \/>\n<\/strong><\/span><\/p>\n<p style=\"text-align: center\"><span style=\"font-family:Calibri Light; font-size:12pt\"><strong>ENTREPRENEURSHIP EDUCATION<br \/>\n<\/strong><\/span><\/p>\n<p style=\"text-align: center\"><span style=\"font-family:Calibri Light; font-size:12pt\">Paper 3<br \/>\n<\/span><\/p>\n<p style=\"text-align: center\"><span style=\"font-family:Calibri Light; font-size:12pt\"><strong>3 Hours<br \/>\n<\/strong><\/span><\/p>\n<p style=\"text-align: justify\">\n\u00a0<\/p>\n<p style=\"text-align: justify\"><span style=\"font-family:Calibri Light; font-size:12pt\"><strong>INSTRUCTIONS TO CANDIDATES<br \/>\n<\/strong><\/span><\/p>\n<ul>\n<li>\n<div style=\"text-align: justify\"><span style=\"font-family:Calibri Light; font-size:12pt\"><em>This paper consists of <strong>three <\/strong>sections; <strong>A, B <\/strong>and <strong>C.<\/strong><br \/>\n\t\t\t\t\t<\/em><\/span><\/div>\n<\/li>\n<li>\n<div style=\"text-align: justify\"><span style=\"font-family:Calibri Light; font-size:12pt\"><em>Answer <strong>four (4) <\/strong>questions only.<br \/>\n<\/em><\/span><\/div>\n<\/li>\n<li>\n<div style=\"text-align: justify\"><span style=\"font-family:Calibri Light; font-size:12pt\"><em>All questions carry equal marks.<br \/>\n<\/em><\/span><\/div>\n<\/li>\n<li>\n<div style=\"text-align: justify\"><span style=\"font-family:Calibri Light; font-size:12pt\"><em>Section <strong>A<\/strong> is compulsory. Answer any <strong>three (3) <\/strong>questions from sections <strong>B <\/strong>and <strong>C, <\/strong>choosing at least one question from each section.<br \/>\n<\/em><\/span><\/div>\n<\/li>\n<li>\n<div style=\"text-align: justify\"><span style=\"font-family:Calibri Light; font-size:12pt\"><em>Any additional question(s) answered will<strong> NOT <\/strong>be marked.<br \/>\n<\/em><\/span><\/div>\n<\/li>\n<\/ul>\n<p style=\"text-align: justify\">\n\u00a0<\/p>\n<p style=\"text-align: justify; margin-left: 3pt\">\n\u00a0<\/p>\n<p style=\"text-align: center; margin-left: 3pt\"><span style=\"font-family:Calibri Light; font-size:12pt\"><strong>SECTION A: (Case Study)<br \/>\n<\/strong><\/span><\/p>\n<p style=\"text-align: center; margin-left: 3pt\"><span style=\"font-family:Calibri Light; font-size:12pt\"><em>Answer <strong>all<\/strong> parts of this question.<br \/>\n<\/em><\/span><\/p>\n<ol>\n<li>\n<div><span style=\"font-family:Calibri Light; font-size:12pt\">Read the case study below and answer the questions that follow;<br \/>\n<\/span><\/div>\n<p>\n\u00a0<\/p>\n<p><span style=\"font-family:Calibri Light; font-size:12pt\">Jero is the owner of Blessed Bookshop located in Nama sub-county, Mukono district. He completed S.6 from Universal secondary school in Mukono Municipality in 2010. Jero was forced to prematurely suspend university education because his father could not afford paying his tuition and functional fees at campus.<br \/>\n<\/span><\/p>\n<p>\n\u00a0<\/p>\n<p><span style=\"font-family:Calibri Light; font-size:12pt\">In January 2013, Jero was employed as a sales agent by UNIQUE GARMENTS earning shs 50,000 per month. He maintained financial discipline and kept on saving.  By the end of the year 2014, he had saved up to a tune of shs 1,000,000 which he used to start Blessed Bookshop.<br \/>\n<\/span><\/p>\n<p>\n\u00a0<\/p>\n<p><span style=\"font-family:Calibri Light; font-size:12pt\">To minimize the labour costs, attract the family support, maintain the confidentiality of the business, equip family members with business skills and create employment for family members, he decided to employ his sister,  a S.4 vacist to run the Bookshop.<br \/>\n<\/span><\/p>\n<p>\n\u00a0<\/p>\n<p><span style=\"font-family:Calibri Light; font-size:12pt\">The business has become popular in the region for being honest to customers, handling customer&#8217;s complaint&#8217;s well, showing knowledge of the products by giving advice, offering prompt and excellent services, offering after sales services and worker having knowledge of the customers.<br \/>\n<\/span><\/p>\n<p>\n\u00a0<\/p>\n<p><span style=\"font-family:Calibri Light; font-size:12pt\">The business records all cash received, banks all cash instantly, restricting the use of business cash for personal matters,  gets regular bank statements and ensures a daily cash reconciliation. However, the business is still operating on a small scale.<br \/>\n<\/span><\/p>\n<p>\n\u00a0<\/p>\n<p><span style=\"font-family:Calibri Light; font-size:12pt\"><strong>Questions<br \/>\n<\/strong><\/span><\/p>\n<ol>\n<li>\n<div><span style=\"font-family:Calibri Light; font-size:12pt\">Give any three reasons why the owner of the Bookshop decided to employ his sister.<br \/>\n<\/span><\/div>\n<p style=\"margin-left: 324pt\"><span style=\"font-family:Calibri Light; font-size:12pt\"><strong><em>(03marks)<\/em><\/strong><br \/>\n\t\t\t\t\t\t<\/span><\/p>\n<\/li>\n<li><span style=\"font-family:Calibri Light; font-size:12pt\">Identify any five indicators of good customer care in the business. \u00a0\u00a0\u00a0\u00a0<strong><em>(05marks)<\/em><\/strong><br \/>\n\t\t\t\t\t<\/span><\/li>\n<li><span style=\"font-family:Calibri Light; font-size:12pt\">What possible challenges are faced by Blessed Bookshop? \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0     <strong><em>(05marks)<\/em><\/strong><br \/>\n\t\t\t\t\t<\/span><\/li>\n<li><span style=\"font-family:Calibri Light; font-size:12pt\">Explain the benefits of the Bookshop to the community. \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0     <strong><em>(05marks)<\/em><\/strong><br \/>\n\t\t\t\t\t<\/span><\/li>\n<li>\n<div><span style=\"font-family:Calibri Light; font-size:12pt\">State any four control measures used to ensure proper management of cash.<br \/>\n<\/span><\/div>\n<p style=\"margin-left: 324pt\"><span style=\"font-family:Calibri Light; font-size:12pt\"><strong><em>     (04marks)<br \/>\n<\/em><\/strong><\/span><\/p>\n<\/li>\n<li><span style=\"font-family:Calibri Light; font-size:12pt\">What lessons can anyone learn from the case study? \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0     <strong><em>(03marks)<\/em><\/strong><br \/>\n\t\t\t\t\t<\/span><\/li>\n<\/ol>\n<\/li>\n<\/ol>\n<p>\n\u00a0<\/p>\n<p style=\"text-align: center\"><span style=\"font-family:Calibri Light; font-size:12pt\"><strong>SECTION B (SCHOOL BUSINESS CLUB)<br \/>\n<\/strong><\/span><\/p>\n<ol>\n<li>\n<div><span style=\"font-family:Calibri Light; font-size:12pt\">Based on your school Entrepreneurship club Business project.<br \/>\n<\/span><\/div>\n<ol>\n<li><span style=\"font-family:Calibri Light; font-size:12pt\">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     <strong><em>(04marks)<\/em><\/strong><br \/>\n\t\t\t\t\t<\/span><\/li>\n<li>\n<div><span style=\"font-family:Calibri Light; font-size:12pt\">(i) Mention any three record books maintained by the business. \u00a0\u00a0\u00a0\u00a0     <strong><em>(03marks)<\/em><\/strong><br \/>\n\t\t\t\t\t\t<\/span><\/div>\n<p><span style=\"font-family:Calibri Light; font-size:12pt\">(ii) Give any three reasons for maintaining record books by the business. <strong><em>(03marks)<br \/>\n<\/em><\/strong><\/span><\/p>\n<\/li>\n<li><span style=\"font-family:Calibri Light; font-size:12pt\">Explain the measures used to minimize production costs. \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0     <strong><em>(05marks)<\/em><\/strong><br \/>\n\t\t\t\t\t<\/span><\/li>\n<li><span style=\"font-family:Calibri Light; font-size:12pt\">Describe the steps you followed to determine the profitability of your business 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     <strong><em>(05marks)<\/em><\/strong><br \/>\n\t\t\t\t\t<\/span><\/li>\n<li>\n<div><span style=\"font-family:Calibri Light; font-size:12pt\">Show the elements that helped you to create an effective personal brand for your business 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    <strong><em>(05marks)<\/em><\/strong><br \/>\n\t\t\t\t\t\t<\/span><\/div>\n<p>\n\u00a0<\/p>\n<\/li>\n<\/ol>\n<\/li>\n<li>\n<div><span style=\"font-family:Calibri Light; font-size:12pt\">In relation to your school entrepreneurship club business project;<br \/>\n<\/span><\/div>\n<ol>\n<li><span style=\"font-family:Calibri Light; font-size:12pt\">Describe the business 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    <strong><em>(04marks)<\/em><\/strong><br \/>\n\t\t\t\t\t<\/span><\/li>\n<li><span style=\"font-family:Calibri Light; font-size:12pt\">Show how you implemented the theory of change in the operating activities of the business 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     <strong><em>(05marks)<\/em><\/strong><br \/>\n\t\t\t\t\t<\/span><\/li>\n<li>\n<div><span style=\"font-family:Calibri Light; font-size:12pt\">Prepare the work plan you followed when establishing the business project.<br \/>\n<\/span><\/div>\n<p style=\"margin-left: 324pt\"><span style=\"font-family:Calibri Light; font-size:12pt\"><br \/>\n\t\t\t\t\t\t\t<strong><em>(06marks)<\/em><\/strong><br \/>\n\t\t\t\t\t\t<\/span><\/p>\n<\/li>\n<li><span style=\"font-family:Calibri Light; font-size:12pt\">Explain why your business project was a good business opportunity.        <strong><em>(05marks)<\/em><\/strong><br \/>\n\t\t\t\t\t<\/span><\/li>\n<li>\n<div><span style=\"font-family:Calibri Light; font-size:12pt\">What marketing strategies did you apply to maintain the market share of the business 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    <strong><em>(05marks)<\/em><\/strong><br \/>\n\t\t\t\t\t\t<\/span><\/div>\n<p>\n\u00a0<\/p>\n<\/li>\n<\/ol>\n<\/li>\n<\/ol>\n<p style=\"text-align: center\"><span style=\"font-family:Calibri Light; font-size:12pt\"><strong>SECTION C: FIELD ATTACHMENT \/ FIELD TRIP<\/strong><br \/>\n\t\t<\/span><\/p>\n<ol>\n<li>\n<div><span style=\"font-family:Calibri Light; font-size:12pt\">For any business enterprise you were attached to;<br \/>\n<\/span><\/div>\n<ol>\n<li><span style=\"font-family:Calibri Light; font-size:12pt\">Describe the nature of the business. \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0   <strong><em>(04marks)<\/em><\/strong><br \/>\n\t\t\t\t\t<\/span><\/li>\n<li><span style=\"font-family:Calibri Light; font-size:12pt\">Present an organizational chart of the business you were attached to.      <strong><em>(05marks)<\/em><\/strong><br \/>\n\t\t\t\t\t<\/span><\/li>\n<li>\n<div><span style=\"font-family:Calibri Light; font-size:12pt\">(i) Mention any three social costs of the business you were attached to.    <strong><em>(03marks)<\/em><\/strong><br \/>\n\t\t\t\t\t\t<\/span><\/div>\n<p><span style=\"font-family:Calibri Light; font-size:12pt\">(ii) Describe the measures being employed by the business to overcome social costs<br \/>\n<\/span><\/p>\n<p><span style=\"font-family:Calibri Light; font-size:12pt\">       stated in c(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   <strong><em>(03marks)<\/em><\/strong>\u00a0\u00a0\u00a0\u00a0<br \/>\n<\/span><\/p>\n<\/li>\n<li>\n<div><span style=\"font-family:Calibri Light; font-size:12pt\">Explain how the business you were attached to manages difficult customers.<br \/>\n<\/span><\/div>\n<p style=\"margin-left: 324pt\"><span style=\"font-family:Calibri Light; font-size:12pt\"><br \/>\n\t\t\t\t\t\t\t<strong><em>(05marks)<\/em><\/strong><br \/>\n\t\t\t\t\t\t<\/span><\/p>\n<\/li>\n<li>\n<div><span style=\"font-family:Calibri Light; font-size:12pt\">Describe the controls to manage the flow of funds in the business you were attached to. \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\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>(05marks)<\/em><\/strong><br \/>\n\t\t\t\t\t\t<\/span><\/div>\n<p>\n\u00a0<\/p>\n<\/li>\n<\/ol>\n<\/li>\n<li>\n<div><span style=\"font-family:Calibri Light; font-size:12pt\">With reference to anyone business field trip you made either as an individual or group.<br \/>\n<\/span><\/div>\n<ol>\n<li><span style=\"font-family:Calibri Light; font-size:12pt\">Describe 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  <strong><em>(04marks)<\/em><\/strong><br \/>\n\t\t\t\t\t<\/span><\/li>\n<li><span style=\"font-family:Calibri Light; font-size:12pt\">State any three objectives of the field trip. \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <strong><em>(03marks)<\/em><\/strong><br \/>\n\t\t\t\t\t<\/span><\/li>\n<li>\n<div><span style=\"font-family:Calibri Light; font-size:12pt\">(i) Mention the tools used for effective stores management in the business you<br \/>\n<\/span><\/div>\n<p><span style=\"font-family:Calibri Light; font-size:12pt\">       visited. \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\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> (04marks)<\/em><\/strong><br \/>\n\t\t\t\t\t\t<\/span><\/p>\n<p><span style=\"font-family:Calibri Light; font-size:12pt\">(ii) Explain the use of the stores management tools mentioned in c(i) above.<br \/>\n<\/span><\/p>\n<p><span style=\"font-family:Calibri Light; font-size:12pt\"><br \/>\n\t\t\t\t\t\t\t<strong><em>(04marks)<br \/>\n<\/em><\/strong><\/span><\/p>\n<\/li>\n<li>\n<div><span style=\"font-family:Calibri Light; font-size:12pt\">Explain how the business you visited ensures proper waste management.<br \/>\n<\/span><\/div>\n<p><span style=\"font-family:Calibri Light; font-size:12pt\"><br \/>\n\t\t\t\t\t\t\t<strong><em>(03marks)<\/em><\/strong><br \/>\n\t\t\t\t\t\t<\/span><\/p>\n<\/li>\n<li>\n<div><span style=\"font-family:Calibri Light; font-size:12pt\">How does the entrepreneur ensure sustainability of the business you visited?<br \/>\n<\/span><\/div>\n<p><span style=\"font-family:Calibri Light; font-size:12pt\"><br \/>\n\t\t\t\t\t\t\t<strong><em>(07marks)<br \/>\n<\/em><\/strong><\/span><\/p>\n<p>\n\u00a0<\/p>\n<p>\n\u00a0<\/p>\n<p style=\"text-align: center\"><span style=\"font-family:Calibri Light; font-size:12pt\"><strong><em>End &#8211; <\/em><\/strong><br \/>\n\t\t\t\t\t\t<\/span><\/p>\n<\/li>\n<\/ol>\n<p style=\"text-align: justify; margin-left: 3pt\"><span style=\"font-family:Calibri Light; font-size:12pt\"><em><br \/>\n\t\t\t\t\t<\/em><\/span>\u00a0<\/p>\n<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"<p>P230\/3 ENTREPRENEURSHIP EDUCATION Paper 3 Jul\/Aug 2016 3 Hours \u00a0 MUKONO EXAMINATIONS COUNCIL Uganda Advanced Certificate of Education ENTREPRENEURSHIP EDUCATION<\/p>\n","protected":false},"author":1,"featured_media":307,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7,1],"tags":[],"class_list":["post-130","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>UACE ENTREPRENEURSHIP EDUCATION Paper 3 MUKONO EXAMINATIONS COUNCIL - MAKTABA EDUCATION CENTER<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/edu.co.tz\/notes\/uace-entrepreneurship-education-paper-3-mukono-examinations-council\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta 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