{"id":146,"date":"2023-04-01T11:53:54","date_gmt":"2023-04-01T11:53:54","guid":{"rendered":"http:\/\/localhost\/solvefor2\/?p=146"},"modified":"2023-04-01T12:42:45","modified_gmt":"2023-04-01T12:42:45","slug":"entrepreneursip-education-paper-three-internal-mock-examinations-2020-kings-college-buddo","status":"publish","type":"post","link":"https:\/\/edu.co.tz\/notes\/entrepreneursip-education-paper-three-internal-mock-examinations-2020-kings-college-buddo\/","title":{"rendered":"ENTREPRENEURSIP EDUCATION PAPER THREE INTERNAL MOCK EXAMINATIONS 2020 KING\u2019S COLLEGE \u2013 BUDDO"},"content":{"rendered":"<p style=\"text-align: center\"><span style=\"font-family:Comic Sans MS; 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:Comic Sans MS; font-size:13pt\"><strong>UGANDA ADVANCED CERTIFICATE OF EDUCATION<br \/>\n<\/strong><\/span><\/p>\n<p style=\"text-align: center\"><span style=\"font-family:Comic Sans MS; font-size:13pt\"><strong>INTERNAL MOCK EXAMINATIONS 2020<br \/>\n<\/strong><\/span><\/p>\n<p style=\"text-align: center\"><span style=\"font-family:Comic Sans MS; font-size:13pt\"><strong>ENTREPRENEURSIP EDUCATION<br \/>\n<\/strong><\/span><\/p>\n<p style=\"text-align: center\"><span style=\"font-family:Comic Sans MS; font-size:13pt\"><strong>PAPER THREE<br \/>\n<\/strong><\/span><\/p>\n<p style=\"text-align: center\"><span style=\"font-family:Comic Sans MS; font-size:13pt\"><strong>TIME: 3 HOURS<br \/>\n<\/strong><\/span><\/p>\n<p>\n\u00a0<\/p>\n<p><span style=\"font-family:Comic Sans MS; font-size:13pt\"><strong>Instructions to candidates.<br \/>\n<\/strong><\/span><\/p>\n<ul>\n<li><span style=\"font-family:Comic Sans MS; font-size:13pt\">This paper consists of three sections <strong>A, B<\/strong> and <strong>C<\/strong>.<br \/>\n<\/span><\/li>\n<li><span style=\"font-family:Comic Sans MS; font-size:13pt\">Answer <strong>four<\/strong> questions only.<br \/>\n<\/span><\/li>\n<li>\n<div><span style=\"font-family:Comic Sans MS; font-size:13pt\">Section <strong>A<\/strong> is compulsory. Answer any three questions from section<br \/>\n<\/span><\/div>\n<p><span style=\"font-family:Comic Sans MS; font-size:13pt\"><strong>B<\/strong> and <strong>C<\/strong>, choosing at least <strong>one<\/strong> question from each section.<br \/>\n<\/span><\/p>\n<\/li>\n<li><span style=\"font-family:Comic Sans MS; font-size:13pt\">All questions carry equal marks.<br \/>\n<\/span><\/li>\n<li><span style=\"font-family:Comic Sans MS; font-size:13pt\">Any additional question(s) answered will not be marked.<br \/>\n<\/span><\/li>\n<li>\n<div><span style=\"font-family:Comic Sans MS; font-size:13pt\">Credits will be given for use of relevant diagrams and illustrations.<br \/>\n<\/span><\/div>\n<p>\n\u00a0<\/p>\n<\/li>\n<\/ul>\n<p><span style=\"font-family:Comic Sans MS; font-size:13pt\"><strong>SECTION A<br \/>\n<\/strong><\/span><\/p>\n<p><span style=\"font-family:Comic Sans MS; font-size:13pt\"><strong>CASE STUDY.<br \/>\n<\/strong><\/span><\/p>\n<p><span style=\"font-family:Comic Sans MS; font-size:13pt\">Answer all parts of this question.<br \/>\n<\/span><\/p>\n<p><span style=\"font-family:Comic Sans MS; font-size:13pt\">1. Patricia Namuyiga is an orphan who owns and operates a mini-supermarket located in Wakiso Town Council. The start-up was not an easy one. She started in 2015 as a hawker after completing A&#8217; Level with an ambition of testing the school entrepreneurship club skills she acquired.<br \/>\n<\/span><\/p>\n<p><span style=\"font-family:Comic Sans MS; font-size:13pt\">She had raised shs 120,000 from her cousin sister, sold her text books at shs 80,000, borrowed shs 100,000 from the area councilor and started hawking items like, flasks, flat irons, plastics, sauce pans, toothpaste, phone chargers, bed sheets and other related items depending on the changes in market trends. Later the suppliers developed confidence in her and she managed to supplement her capital with trade credit.<br \/>\n<\/span><\/p>\n<p><span style=\"font-family:Comic Sans MS; font-size:13pt\">In 2017, after acquiring more business experience and raising more capital worth shs 8,000,000, she started a small <strong>PANA supermarket<\/strong> business. She succeeded in expanding it and recruited five youthful educated, unmarried, experienced and cheap female shop attendants.<br \/>\n<\/span><\/p>\n<p><span style=\"font-family:Comic Sans MS; font-size:13pt\">Using her computer proficiency, she surfs the internet and establishes trendy items needed by her clients which she always supplies. In addition, she regularly uses questionnaires, personal contacts, interviews, observation and sampling to guide her in marketing management.<br \/>\n<\/span><\/p>\n<p><span style=\"font-family:Comic Sans MS; font-size:13pt\">Patricia is naturally a mean business woman and fears to undertake intensive advertising of her mini-supermarket.<br \/>\n<\/span><\/p>\n<p><span style=\"font-family:Comic Sans MS; font-size:13pt\">However, PANA is doing fairly well with total assets of shs 35,550,000, long term liabilities of shs 5,370,000 and short term liabilities amounting to shs 2,144,200.<br \/>\n<\/span><\/p>\n<p><span style=\"font-family:Comic Sans MS; font-size:13pt\"><strong>Questions<br \/>\n<\/strong><\/span><\/p>\n<ol>\n<li><span style=\"font-family:Comic Sans MS; font-size:13pt\">Explain the sources of funds that PANA used to start business. <br \/>  \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0   (4marks)<br \/>\n<\/span><\/li>\n<li><span style=\"font-family:Comic Sans MS; font-size:13pt\">What factors influenced PANA&#8217;s selection of employees? \u00a0\u00a0\u00a0\u00a0   (6marks)<br \/>\n<\/span><\/li>\n<li><span style=\"font-family:Comic Sans MS; font-size:13pt\">How does PANA undertake market research in her business? (6marks)<br \/>\n<\/span><\/li>\n<li><span style=\"font-family:Comic Sans MS; font-size:13pt\">Advise PANA on the benefits of conducting advertisement of her business enterprise. \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0   (6marks)<br \/>\n<\/span><\/li>\n<li><span style=\"font-family:Comic Sans MS; font-size:13pt\">Calculate the business&#8217; capital networth. \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0   (3 marks)<br \/>\n<\/span><\/li>\n<\/ol>\n<p><span style=\"font-family:Comic Sans MS; font-size:13pt\"><strong>SECTION B<br \/>\n<\/strong><\/span><\/p>\n<p><span style=\"font-family:Comic Sans MS; font-size:13pt\"><strong>SCHOOL BUSINESS CLUB<br \/>\n<\/strong><\/span><\/p>\n<p><span style=\"font-family:Comic Sans MS; font-size:13pt\">Answer atleast one question from this section.<br \/>\n<\/span><\/p>\n<ol>\n<li>\n<div><span style=\"font-family:Comic Sans MS; font-size:13pt\">With reference to your entrepreneurship Club Business Project;<br \/>\n<\/span><\/div>\n<ol>\n<li><span style=\"font-family:Comic Sans MS; font-size:13pt\">Describe the business project carried out. \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(5marks)<br \/>\n<\/span><\/li>\n<li><span style=\"font-family:Comic Sans MS; font-size:13pt\">How did the business ensure proper cash management?   (6marks)<br \/>\n<\/span><\/li>\n<li><span style=\"font-family:Comic Sans MS; font-size:13pt\">Explain the techniques that were used to promote sales. (6marks)<br \/>\n<\/span><\/li>\n<li><span style=\"font-family:Comic Sans MS; font-size:13pt\">What risks did the business face? \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(4marks)<br \/>\n<\/span><\/li>\n<li>\n<div><span style=\"font-family:Comic Sans MS; font-size:13pt\">Describe the precautions that were taken to minimize risks in (d) 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(6marks)<br \/>\n<\/span><\/div>\n<p>\n\u00a0<\/p>\n<\/li>\n<\/ol>\n<\/li>\n<li>\n<div><span style=\"font-family:Comic Sans MS; font-size:13pt\"> In relation to the school business project carried out by your Entrepreneurship Club;<br \/>\n<\/span><\/div>\n<ol>\n<li><span style=\"font-family:Comic Sans MS; font-size:13pt\">Give the general description of the business. \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(4marks)<br \/>\n<\/span><\/li>\n<li><span style=\"font-family:Comic Sans MS; font-size:13pt\">Mention the objectives of the business project.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (4marks)<br \/>\n<\/span><\/li>\n<li><span style=\"font-family:Comic Sans MS; font-size:13pt\">What entrepreneurship skills were applied in the business? <br \/>  \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(7marks)<br \/>\n<\/span><\/li>\n<li>\n<div><span style=\"font-family:Comic Sans MS; font-size:13pt\">i) What challenges were faced in conducting the business operations? \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(5marks)<br \/>\n<\/span><\/div>\n<p><span style=\"font-family:Comic Sans MS; font-size:13pt\">ii) Outline the measures taken to address those challenges mentioned in (d) 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(5marks)<br \/>\n<\/span><\/p>\n<p>\n\u00a0<\/p>\n<p><span style=\"font-family:Comic Sans MS; font-size:13pt\"><strong>SECTION C<br \/>\n<\/strong><\/span><\/p>\n<p><span style=\"font-family:Comic Sans MS; font-size:13pt\"><strong>FIELD ATTACHMENT \/ FIELD TRIP<br \/>\n<\/strong><\/span><\/p>\n<p><span style=\"font-family:Comic Sans MS; font-size:13pt\">Answer at least one question from this section.<br \/>\n<\/span><\/p>\n<\/li>\n<\/ol>\n<\/li>\n<li>\n<div><span style=\"font-family:Comic Sans MS; font-size:13pt\">For any field attachment in which you were involved;<br \/>\n<\/span><\/div>\n<ol>\n<li>\n<div><span style=\"font-family:Comic Sans MS; font-size:13pt\">i) Describe the operating expenses the business occurs. (5marks)<br \/>\n<\/span><\/div>\n<p><span style=\"font-family:Comic Sans MS; font-size:13pt\">ii) What measures are being taken to reduce the expenses mentioned in (a) i) above?   \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (5marks)<br \/>\n<\/span><\/p>\n<\/li>\n<li><span style=\"font-family:Comic Sans MS; font-size:13pt\">What factors are considered when preparing a marketing plan 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\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(6 marks)<br \/>\n<\/span><\/li>\n<li><span style=\"font-family:Comic Sans MS; font-size:13pt\">Outline the measures that should be taken to motivate the business employees. \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\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><\/li>\n<li><span style=\"font-family:Comic Sans MS; font-size:13pt\">Explain the importance of change to the business. \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(4marks)<br \/>\n<\/span><\/li>\n<\/ol>\n<\/li>\n<li>\n<div><span style=\"font-family:Comic Sans MS; font-size:13pt\">For any field trip you made either as an individual or a group;<br \/>\n<\/span><\/div>\n<ol>\n<li><span style=\"font-family:Comic Sans MS; font-size:13pt\">State the objectives of the field trip. \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(4marks)<br \/>\n<\/span><\/li>\n<li><span style=\"font-family:Comic Sans MS; font-size:13pt\">Describe the lay-out of the business visited. \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(6marks)<br \/>\n<\/span><\/li>\n<li><span style=\"font-family:Comic Sans MS; font-size:13pt\">What measures are undertaken to ensure production of quality products? \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(6marks)<br \/>\n<\/span><\/li>\n<li>\n<div><span style=\"font-family:Comic Sans MS; font-size:13pt\">i) Mention the distribution channels used by the business. (2marks)<br \/>\n<\/span><\/div>\n<p><span style=\"font-family:Comic Sans MS; font-size:13pt\">ii) Explain the factors that are considered in selecting a distribution channel by the business. \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0    (7marks)<br \/>\n<\/span><\/p>\n<p style=\"text-align: center\"><span style=\"font-family:Comic Sans MS; font-size:13pt\"><strong>END<\/strong><\/span><\/p>\n<\/li>\n<\/ol>\n<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"<p>KING&#8217;S COLLEGE \u2013 BUDDO UGANDA ADVANCED CERTIFICATE OF EDUCATION INTERNAL MOCK EXAMINATIONS 2020 ENTREPRENEURSIP EDUCATION PAPER THREE TIME: 3 HOURS<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7,1],"tags":[],"class_list":["post-146","post","type-post","status-publish","format-standard","hentry","category-entrepreneurship","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.3 - 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