{"id":142,"date":"2023-04-01T12:25:38","date_gmt":"2023-04-01T12:25:38","guid":{"rendered":"http:\/\/localhost\/solvefor2\/?p=142"},"modified":"2023-04-01T12:38:23","modified_gmt":"2023-04-01T12:38:23","slug":"entereneurship-education-p1-internal-mocks-examinations-2020-kings-college-buddo","status":"publish","type":"post","link":"https:\/\/edu.co.tz\/notes\/entereneurship-education-p1-internal-mocks-examinations-2020-kings-college-buddo\/","title":{"rendered":"ENTERENEURSHIP EDUCATION P1 INTERNAL MOCKS EXAMINATIONS 2020 KING\u2019S COLLEGE \u2013 BUDDO"},"content":{"rendered":"<p style=\"text-align: center\"><span style=\"font-family:Bookman Old Style; font-size:14pt\"><strong>KING&#8217;S COLLEGE \u2013 BUDDO<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>INTERNAL MOCKS EXAMINATIONS 2020<br \/>\n<\/strong><\/span><\/p>\n<p style=\"text-align: center\"><span style=\"font-family:Bookman Old Style; font-size:13pt\"><strong>ENTERENEURSHIP EDUCATION<br \/>\n<\/strong><\/span><\/p>\n<p style=\"text-align: center\"><span style=\"font-family:Bookman Old Style; font-size:13pt\"><strong>P.230\/1<br \/>\n<\/strong><\/span><\/p>\n<p style=\"text-align: center\"><span style=\"font-family:Bookman Old Style; font-size:13pt\"><strong>TIME: 3 HOURS<br \/>\n<\/strong><\/span><\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\">INSTRUCTIONS<br \/>\n<\/span><\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\">This paper comprises two sections; A and B.<br \/>\n<\/span><\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\">All questions in section A are compulsory.<br \/>\n<\/span><\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\">Attempt only four questions from section B.<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 A (20 MARKS)<br \/>\n<\/strong><\/span><\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\">1a) Mention any four aspects of the family that make an impact on the <br \/>business startup process by an entrepreneur                     (4 marks)<br \/>\n<\/span><\/p>\n<p>\n\u00a0<\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\">bi)What is meant by the term &#8220;mission statement&#8221; of a business? <br \/>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(1 mark)<br \/>\n<\/span><\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\">ii) Outline three importance of a mission statement of a business plan <br \/>         (3marks)<br \/>\n<\/span><\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\">c) Mention any two;<br \/>\n<\/span><\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\"> i)types of risk takers                               (2 marks)<br \/>\n<\/span><\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\"> ii) sources of innovation                                                          (2 marks)<br \/>\n<\/span><\/p>\n<p>\n\u00a0<\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\">di) Distinguish between sales promotion and advertising         (2 marks)<br \/>\n<\/span><\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\">ii)List two methods of sales promotion other than advertising used in a <br \/>business enterprise                     (2 marks)<br \/>\n<\/span><\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\">e) Byoya Group of Companies&#8217; Books of accounts showed the following as <br \/>at;<br \/> 30<sup>th<\/sup> June 2012.                                                             SHS<br \/>\n<\/span><\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\">              Machinery                                                         40,000,000<br \/>\n<\/span><\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\">              Debtors                                                              7,200,000<br \/>\n<\/span><\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\">              Creditors                                                            12,000,000<br \/>\n<\/span><\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\">              Cash at Bank                                                      8,000,000<br \/>\n<\/span><\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\">              Bank overdraft                                                    3,200,000<br \/>\n<\/span><\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\">              Closing stock                                                       4,800,000<br \/>\n<\/span><\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\">Required;<br \/>\n<\/span><\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\">calculate<br \/>\n<\/span><\/p>\n<p style=\"margin-left: 57pt\"><span style=\"font-family:Bookman Old Style; font-size:13pt\">i)quick acid ratio                                                  \u00a0\u00a0\u00a0\u00a0(2 marks)<br \/>\n<\/span><\/p>\n<p style=\"margin-left: 57pt\"><span style=\"font-family:Bookman Old Style; font-size:13pt\">ii)working capital ratio                                          \u00a0\u00a0\u00a0\u00a0(2 marks)<br \/>\n<\/span><\/p>\n<p>\n\u00a0<\/p>\n<p style=\"text-align: center\">\n\u00a0<\/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>SECTION B (80 MARKS)<br \/>\n<\/strong><\/span><\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\">2a) What are the principles of effective negotiation in the enterprise?  <br \/>\u00a0\u00a0\u00a0\u00a0 (10 marks)<br \/>\n<\/span><\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\">  b) Explain the steps involved in the pre- negotiation   \u00a0\u00a0\u00a0\u00a0(10 marks)<br \/>\n<\/span><\/p>\n<p>\n\u00a0<\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\">3a) Whatis the role of taxation in the economic development of your <br \/>country?                                         \u00a0\u00a0\u00a0\u00a0(10 marks)<br \/>\n<\/span><\/p>\n<p>\n\u00a0<\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\"> b) Why are indirect taxes preferred to direct taxes?        \u00a0\u00a0\u00a0\u00a0 (10 marks)<br \/>\n<\/span><\/p>\n<p>\n\u00a0<\/p>\n<p>\n\u00a0<\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\">4a) Describe the contents of a social enterprise plan        \u00a0\u00a0\u00a0\u00a0(10 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 social responsibilities of business to the community <br \/>\u00a0\u00a0\u00a0\u00a0(10 marks)<br \/>\n<\/span><\/p>\n<p>\n\u00a0<\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\">5a) What is the purpose of quality control in an enterprise.\u00a0\u00a0\u00a0\u00a0(10 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 factors that influence quality standards of products in an <br \/>enterprise                  \u00a0\u00a0\u00a0\u00a0(10 marks)<br \/>\n<\/span><\/p>\n<p>\n\u00a0<\/p>\n<p>\n\u00a0<\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\">6a) Describe the various methods used in appraising workers in an <br \/>organization                          \u00a0\u00a0\u00a0\u00a0(12 marks)<br \/>\n<\/span><\/p>\n<p>\n\u00a0<\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\"> b)What are the advantages and disadvantages of performance <br \/>appraisal?\u00a0\u00a0\u00a0\u00a0(12 marks)<br \/>\n<\/span><\/p>\n<p>\n\u00a0<\/p>\n<p>\n\u00a0<\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\">7a) Explain the various ways of generating business ideas    \u00a0\u00a0\u00a0\u00a0(10 marks)<br \/>\n<\/span><\/p>\n<p>\n\u00a0<\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\">  b) Describe the procedure of turning a business idea in to a business <br \/>opportunity                                                                     \u00a0\u00a0\u00a0\u00a0 (10 marks)<br \/>\n<\/span><\/p>\n<p>\n\u00a0<\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:13pt\"><strong>                                            END<\/strong><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>KING&#8217;S COLLEGE \u2013 BUDDO UGANDA ADVANCED CERTIFICATE OF EDUCATION INTERNAL MOCKS EXAMINATIONS 2020 ENTERENEURSHIP EDUCATION P.230\/1 TIME: 3 HOURS INSTRUCTIONS<\/p>\n","protected":false},"author":1,"featured_media":304,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7,1],"tags":[],"class_list":["post-142","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>ENTERENEURSHIP EDUCATION P1 INTERNAL MOCKS EXAMINATIONS 2020 KING\u2019S COLLEGE \u2013 BUDDO - MAKTABA EDUCATION CENTER<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link 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