(x) Which of these is not a function of the Bank of Tanzania?

Match the items in list A with the responses in list B by writing the letter of the corresponding response beside the item number. LIST A LIST B A. National wide wholesaler (i) Changing raw materials into finished goods B. Bill of lading (ii) A means by which an importer obtains credit and exporter gets assurances of payment due to him C. Letter of hypothecation (iii) The management of stocks in a warehouse so that the goods are available when required D. Tied shop (iv) A document which acts as the title of ownership to goods as well as an acknowledgement for imported goods E. Hedging (v) Implies the situation of fulfillment of a need to get the right item F. Manufacturing (vi) A word used to a wholesaler with large warehouses operating on a very large scale like a country G. Management of stock (vii) Loans made to a company which carries a fixed rate of interest H. Utility (viii) A periodical valuing of all goods on hand I. Stock taking (ix) Protection against price fluctuation and a buyer guaranteed a certain quantity at a fixed price at the future rate J. Demand (x) Shops which sell the products of a particular manufacturer K. Debentures L. Stock-in-trade M. Letter of credit N. Single shop O. Production P. Bill of exchange Q. Take over R. Commission S. Petrol station T. Excise duty

1. National wide wholesaler (1 mk)
2. Changing raw materials into finished goods (1 mk)
3. Bill of lading (1 mk)
4. A means by which an importer obtains credit and exporter gets assurances of payment due to him (1 mk)
5. The management of stocks in a warehouse so that the goods are available when required (1 mk)
6. Letter of hypothecation (1 mk)
7. A document which acts as the title of ownership to goods as well as an acknowledgement for imported goods (1 mk)
8. Tied shop (1 mk)
9. Hedging (1 mk)
10. Implies the situation of fulfillment of a need to get the right item (1 mk)
11. Manufacturing (1 mk)
12. A word used to a wholesaler with large warehouses operating on a very large scale like a country (1 mk)
13. Loans made to a company which carries a fixed rate of interest (1 mk)
14. Management of stock (1 mk)
15. Utility (1 mk)
16. A periodical valuing of all goods on hand (1 mk)
17. Stock taking (1 mk)
18. Protection against price fluctuation and a buyer guaranteed a certain quantity at a fixed price at the future rate (1 mk)
19. Shops which sell the products of a particular manufacturer (1 mk)
20. Demand (1 mk)

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Write short notes on the following: (a) Credit instruments (b) Stock control (c) Price elasticity of supply (d) Partnership deed (e) Principles of taxation

1. Credit instruments (2 mk)
2. Stock control (2 mk)
3. Price elasticity of supply (2 mk)
4. Partnership deed (2 mk)
5. Principles of taxation (2 mk)

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Study the schedule below: Demand in kg: 200 400 600 800 1000 Price in Shs per kg: 100 80 60 40 20 Supply in kg: 1000 800 600 400 200 (a) From the above information calculate the price elasticity of demand when price changes from Shs. 40 per kg to Shs. 20 per kg. (b) State whether the price elasticity of demand is elastic or unitary. Give reasons for your answer.

1. From the above information calculate the price elasticity of demand when price changes from Shs. 40 per kg to Shs. 20 per kg. (3 mk)
2. State whether the price elasticity of demand is elastic or unitary. Give reasons for your answer. (2 mk)

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Differentiate: (a) A cooperative organization from a partnership (b) Visible trade from invisible trade

1. A cooperative organization from a partnership (2 mk)
2. Visible trade from invisible trade (2 mk)

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(a) Define money. (b) Explain five qualities of good money.

1. Define money. (2 mk)
2. Explain five qualities of good money. (5 mk)

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(a) Define the term hyper-market. (b) Outline advantages of hyper-market.

1. Define the term hyper-market. (2 mk)
2. Outline advantages of hyper-market. (5 mk)

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(a) What is management? (b) State and explain five basic functions of management. (c) Outline two management problems from shareholders.

1. What is management? (2 mk)
2. State and explain five basic functions of management. (5 mk)
3. Outline two management problems from shareholders. (3 mk)

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