Match the descriptions of the entrepreneurial skills in List A with the appropriate skills in List B by writing the letter of the correct response beside the corresponding item number in the answer booklet provided. List B List A A Communication skills (i) An inner desire to do something new. (ii) An ability to assess the situation and make the B Systematic planning skills right choice which can improve the business. C Information seeking skills (iii) An ability to influence employees to perform D Initiative skills their activities effectively and efficiently. (iv) An ability of gathering the data regarding E Decision-making skills various business opportunities. F Persuasion skills (v) An ability to identify difficulties in the society G Problem-solving skills and come up with new and creative ideas to H Basic business skills solve such difficulties. (vi) An ability to develop and use the logical step by step strategies and be able to attain the goals.

1. An inner desire to do something new. (1 mk)
2. An ability to assess the situation and make the right choice which can improve the business. (1 mk)
3. An ability to influence employees to perform their activities effectively and efficiently. (1 mk)
4. An ability of gathering the data regarding various business opportunities. (1 mk)
5. An ability to identify difficulties in the society and come up with new and creative ideas to solve such difficulties. (1 mk)
6. An ability to develop and use the logical step by step strategies and be able to attain the goals. (1 mk)

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Nance bought goods worth Tsh.50,000.000/= from Lazaro and she paid him by cheque. Which part to a cheque is presented by Nance?

Using the knowledge in business communication: (a) Elaborate four benefits of using written communication in business. (b) Suggest two factors that may hinder effectiveness of written communication in business.

1. Elaborate four benefits of using written communication in business. (4 mk)
2. Suggest two factors that may hinder effectiveness of written communication in business. (2 mk)

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(a) If barriers in interpersonal communication are identified for a company, explain the four types of barriers in interpersonal communication of a company. (b) Differentiate the following terms as used in business management: (i) Business management from business ethics. (ii) Span of control from scalar chain.

1. If barriers in interpersonal communication are identified for a company, explain the four types of barriers in interpersonal communication of a company. (5 mk)
2. Differentiate business management from business ethics. (2 mk)
3. Differentiate span of control from scalar chain. (2 mk)

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(a) My project on assessing a situation needs improvement in production and not just a sale of goods and services. Identify the type of production you have suggested in part (a). (b) Explain the five advantages of the type of production you have identified in part (a).

1. My project on assessing a situation needs improvement in production and not just a sale of goods and services. Identify the type of production you have suggested in part (a). (3 mk)
2. Explain the five advantages of the type of production you have identified in part (a). (5 mk)

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Using the knowledge in business economics, explain briefly: Describe the main features of the economy of Singapore.

1. An inner desire to do something new. (1 mk)
2. Describe the main features of the economy of Singapore. (5 mk)
3. An ability to assess the situation and make the right choice which can improve the business. (1 mk)
4. An ability to influence employees to perform their activities effectively and efficiently. (1 mk)
5. An ability of gathering the data regarding various business opportunities. (1 mk)
6. An ability to identify difficulties in the society and come up with new and creative ideas to solve such difficulties. (1 mk)
7. An ability to develop and use the logical step by step strategies and be able to attain the goals. (1 mk)

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Explain two arguments against the imposition of an import tax.

1. Elaborate four benefits of using written communication in business. (4 mk)
2. Explain two arguments against the imposition of an import tax. (5 mk)
3. Suggest two factors that may hinder effectiveness of written communication in business. (2 mk)

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Using a guide provided, explain three arguments for a "tariff".

1. Identify the type of production you have identified in part (a). (Assuming part (a) implies calculating annual sales: 1200 units * TZS 2000/unit = TZS 2,400,000). The production of grass brooms and juy suggests mass production or batch production depending on scale. (1 mk)
2. Explain three arguments for a "tariff". (5 mk)
3. Explain the five advantages of the type of production you have identified in part (a). (8 mk)

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Explain four challenges facing the direct to indirect investment from one country to another. Explain briefly each of the challenges. Describe each of the points.

1. Explain four challenges facing the direct to indirect investment from one country to another. (8 mk)

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Briefly describe the internal features of a company facing various challenges in the stock exchange. Outline five salient points and justify your answer against the principle of dividend policy.

1. Briefly describe the internal features of a company facing various challenges in the stock exchange. Outline five salient points and justify your answer against the principle of dividend policy. (7 mk)

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