THE UNITED REPUBLIC OF TANZANIA, PRIME MINISTER’S OFFICE -REGIONAL ADMINISTRATION AND LOCAL GOVERNMENT 

DODOMA REGION 

FORM TWO TERMINAL EXAMINATION 

065 BUSINESS STUDIES 

Time: 2:30 Hours Date: May 2026 

Instructions 

1. This paper consists of sections A, B and C with a total of nine (9) questions.
2. Answer all questions in the space provided.
3. Section A carries fifteen (15) marks, section B forty (40) marks and section C carries forty-five (45) marks.
4. All writing must be in blue or black ink, except drawings which must be in pencil.
5. Communication devices, and any unauthorized materials are not allowed in the assessment room.
6. Write your Assessment Number at the top right-hand corner of every page.

SECTION A

Answer all question in this section

1. For each of the following items (i - x) choose the correct answer from among the given alternative and write its letter beside the correct number.

(i) Organization owned and operated by people with similar needs are called?

1. Microfinance 
2. Corporation
3. Enterprises 
4. Cooperatives

(ii) Keeping aside part of personal earnings for future use refers to………..

1. Debt 
2. Saving
3. Serving 
4. Loan

(iii) Borrowing funds from financial institutions with the agreement of repaying them with interest over a specific time refers to…….

1. Financial business 
2. Raising fund
3. Loan 
4. Deferred payment

(iv) The process of making payment for the purchased products at a later date refers to……

1. Purchases 
2. Borrowing
3. Deferred payment 
4. Cash payment

(v) Ms. Mahosha always cooks food for her family. What type of production does she engage in?

1. Food production 
2. Direct production
3. Domestic production 
4. Indirect production

(vi) Juma buys bread daily for his family. In this case Juma is acting as……

1. Distributor 
2. Retailer
3. Manufacture 
4. Consumer

(vii) A family friends spends money on clothing, housing, water, and holiday. Which of the following is not a basic consumer need?

1. Clothing 
2. Housing
3. Holiday 
4. Water

(viii) A carpenter is making table. He has woods, nails, and tools. He also has customers. Which of

the following is not an input for production?

1. Capital 
2. Land
3. Consumer 
4. Labour

(ix) Neema grows maize for sale while her cousin helps her grandmother with farming work without payment. Which activity is not considered as a business?

1. Running a grocery shop 
2. Selling maize at the market
3. Helping grandmother without pay 
4. Providing transport service

(x) Halima starts a small activity where she buys used clothes and sells them at a profit. Which of the following best describes what Halima is doing?

1. Consumption 
2. Business 
3. Production 
4. Scarcity

Answers

i	ii	iii	iv	v	vi	vii	viii	ix	x
									.

2. Matching the concept in list A with the correct response in list B by write a letter of the correct response in the table provided.

List A	List B
Ability to manage business finances Ability to resolve an issue in an acceptable and clear manner with others. Ability to influence people towards accomplishment of common goal Ability to understand and manage your own emotions, thoughts and behaviours. Involves building and maintaining relationships with other people.	Leadership skills Negotiations skills Networking skills Intrapersonal skills Interpersonal skills Communication skills Financial management skills Business management skills

Answers

List A	i	ii	iii	iv	v
List B

SECTION B

Answer All questions in this section 

3. Differentiate the following terms basic terms used in business studies.

1. Wants and needs
2. Scarcity and opportunity cost
3. Business and business studies
4. Goods and services
5. Sole proprietorship and entrepreneurship

4. What benefits does Microfinance offer to entrepreneurs in pre financing and starting their small business? Five points

5. Any mental or physical efforts used in production process; this is one of the factors of production. Briefly explain five characteristics of this factor.

6. “Production is a waste of time”. One of the form two students said. Argue on the statement by giving five points.

SECTION C (45 marks) 

Answer all Questions in this Section 

7. Based on the challenge faced by sole proprietorship in your local community, choose any business you can establish and propose creative six (6) ways or solution to address the challenges you might encounter. .

8. Most of the people in our society are doing business for the only purpose of getting profits, as the business studies student educate them, the other five (5) purposes of conducting business.

9. Mrs. Ntapanta inherited her late brother’s warehouse, however she is worried that she will not be able to operate it because she is unaware of all activities conducted in warehouse. So, Mrs. Ntapanta decided to hire you as an assistant to help her in running the warehouse. By using Mrs. Ntapanta case study which activities will you perform to help her operate the warehouse? Give six (6) points.

PRIME MINISTER’S OFFICE, REGIONAL ADMINISTRATION AND LOCAL GOVERNMENT ARUSHA REGION 

FORM TWO PRE- MOCK EXAMINATION 

065 BUSINESS STUDIES 

TIME :2:30 HOURS MARCH 2026 

INSTRUCTIONS 

1. This paper consists of sections A, B and C with total of nine (9) questions.
2. Answer all questions in the space provided.
3. Section A carries fifteen (15) marks, section B carries forty (40) marks and section C carries 45 marks.
4. All writings must be in blue or black ink and diagrams must be drawn in pencil.
5. Communication devices and any unauthorized material are not allowed in the assessment room
6. Write your assessment number at the top right-hand comer of every page.  

SECTION A (15 MARKS) 

1. For each of the items (i) – (x) choose the correct answer from among the given alternatives and write its letter on the space provided

(i) Dorice introduced a mobile payment system in her small retail shop, before anyone else in her area making transections faster and easier which characteristics isDorice showing?

1. Flexibility
2. Cuosity
3. Innovativeness
4. Commitment

(ii) If Maendeleo company Limited’s Job advisement requires a worker with a bachelor’s degree and ICT skills. What type of worker is it lookingfor?

1. Unskilled worker
2. Labourer
3. Skilled labour
4. Semi- skilled labour

(iii) Is the multidisciplinary field that deals with principle of business management andeconomic

1. Financial literacy
2. Innovation
3. Business studies
4. Skills

(iv) Are intangible outcomes of human efforts that can satisfy human needs andwants.

1. Resource
2. Services 
3. Wants
4. Needs

(v) The process of making payment for the purchased products at a later date refer to

1. Purchases
2. Borrowing
3. Deferred payment
4. Cash payment

(vi) Education provided by teacher, health care from doctors and banking services offered by financial institution are good example of

1. Economic goods
2. Opportunity cost
3. Free goods
4. Services

(vii) Mpanzu has Tsh 10,000/= he can either buy text book for school or a ticket to a music concert; he chooses to buy a text book. What is the opportunity cost in Mpanzu’s decision?

1. The concept he missed
2. The value of text book in the future
3. The text book she bought
4. The money he spent

(viii) The government provided free vaccination to children to protect from disease, which type of goods is being provided?

1. Merit goods
2. Demerit goods
3. Free goods
4. Economic goods

(ix) Which one among the following is NOT an Imput for production?

1. Land
2. Capital
3. Consumer
4. Labour

(x) Which one of the following is a component of business studies.

1. Entrepreneurship
2. Accounting
3. Business management
4. All the above

Answers

i	ii	iii	iv	v	vi	vii	viii	ix	x
									.

2. Match the description on various types of items in list A with the corresponding types of items in list B by writing the letter of the correct response below the number in the table provided.

LIST A

LIST B

(i) An organisation engaged in producing or buying and selling goods and services with the aim of earning profit and satisfying customer’s needs.  (ii) The natural resources used in production (iii) The human effort, both physical and mental used to produce goods and services. (iv) Man – made resources like machinery and tools used in production (v) The ability to organize and manage resources to create a business

Capital Land Scarcity Opportunity Cost Productions Entrepreneurship Labour Business

Answers

List A	i	ii	iii	iv	v
List B

SECTION B (40 MARKS) 

3. Use business studies knowledge to elaborate thefollowing terminologies with vivid examples.

1. Capital
2. Skilled labour
3. Opportunity cost
4. Direct production .
5. Loan

4. Business studies are the combination of various field of study, Justify the statement by five(5) point.

5. A small business owner wants to start a new retail shop but does not have enough personal capital, identify and explain briefly five (5) possible sources of funds the owner can use to finance the business.

6. Production is a waste of time; one of the form two student said, Argue on the statement by five (5) points.

SECTION C (45 MARKS) 

Answer all question in this section 

7. Business studies is an interdisciplinary subject that connects with various other subjects in many ways, explain how business studies are related to the following subject provided.

1. Geography
2. Accounting
3. Mathematics
4. Agriculture
5. language subjects

8. People working in the field of education have special characteristics that enables them to carry out their duties and responsibilities effectively, the same applies to lawyers, doctors and in other profession. use five (5) points to show how this statement is true to entrepreneur?

9. Neema owns a small vegetable farm in Morogoro, she grows tomatoes and sells them at the local market. Her farm creates part time jobs for two young people during harvest season. Why are small scale agriculture business like Neema is important for Tanzania economy? (five 5 points)

 Assessment No. . . . . . . . . . . . . . . . . . . . . . 

THE UNITED REPUBLIC OF TANZANIA, PRIME MINISTER’S OFFICE- REGIONAL ADMINISTRATION AND LOCAL GOVERNMENT

IFAKARA TOWN COUNCIL

  FORM TWO MOCK ASSESSMENT

065 BUSINESS STUDIES

Time: 2:30 Hours April, 2026

Instructions

1. This paper consists of sections A, B and C with a total of nine (9) questions.
2. Answer all questions in the space provided.
3. Section A carries fifteen (15) marks and section B forty (40) marks and section C carries forty-five (45) marks.
4. All writing must be in blue or black ink, except for drawing which must be in pencil.
5. Communication devices and any unauthorized materials are not allowed in the assessment room.
6. Write your Assessment Number at the top right corner of every page.

SECTION A (15 Marks)

Answer all questions from this section

(i) In each of the following item (i) – (x), choose the correct answer among the given alternatives and write its letter in your space provided beside the item number

(i) Who is the final user of goods and services?

1. Distributor 
2. Manufacturer
3. Retailer 
4. Consumer

(ii) Which one among these is a component of business studies?

1. Entrepreneurship 
2. Business management
3. Accounting 
4. All of the above

(iii) Which one among the following is not an input for production?

1. Land 
2. Consumer
3. Capital 
4. Labour

(iv) Which one of the following is not considered as a business?

1. Any activity aiming at generating profit
2. The process of recording business transactions
3. An enterprise owned by a single person
4. An organization which engages in buying and selling of goods

(v) Who starts, creates, and manages a new business?

1. Leader 
2. Professional
3. Manager 
4. Entrepreneur

(vi) One of the following alternatives does not explain the abilities possessed by an entrepreneur

1. Innovation 
2. Risk avoidance
3. Invention 
4. Motivation

(vii) Debora owns a soft drinks business. What form of business unit is this?

1. Sole entrepreneurship 
2. Limited partnership
3. Company 
4. Partnership

(viii) The following are the characteristics of sole proprietorship except;

1. Controlled by the owner
2. High start –up capital
3. Owner takes all the risk
4. The business assets are not legally separated from the owner’s assets.

(ix) What is a key advantage of sole proprietorship?

1. Easy to form a business 
2. Separate legal entity status
3. Limited liability of the owner 
4. Limited skills

(x) Which of the following business is a form of sole proprietorship?

1. Coffee shop owned by Asha, Mary and Adam
2. Mobile company owned by Asha and her friends
3. Butcher owned by Adam
4. Salon owned by a Tanzanian and an American

Answers

i	ii	iii	iv	v	vi	vii	viii	ix	x
									.

2. Match the descriptions of various types of goods in List A with the corresponding types of goods in List B by writing the letter of the correct response below the item number in the table provided.

LIST A	LIST B
(i) Goods which are provided by nature, and are abundant in supply. (ii) Goods which have high social benefits to consumers. (iii) Goods that are scarce and yield utility to an individual. (iv) Goods which are produced to assists production of other goods. (v) Goods which have short life span in nature	Luxury goods Capital goods Perishable goods Economic goods Merit goods Public goods Free goods

ANSWERS

LIST A	(i)	(ii)	(iii)	(iv)	(v)
LIST B

SECTION B (40 Marks)

Answer all questions from this section

3. Explain the following terminologies as used in business

1. Entrepreneur
2. Factors of production
3. Sole proprietorship
4. Land
5. Scarcity

4. Maisha magumu wishes to establish a business in which she planned to buy beans from the farmers and sell them direct to the final consumers but she doesn’t know where she can get the capital for her business. As a business expert advise her by listing to her five (5) sources of capital that she can use to start her business

5. For the business club to work effective so as to bring something of value it must have a simple and understandable constitution which will guide direct all activities carried out by the club. By using the knowledge, you have in business matters, mention five (5) components of a simple constitution of business club

6. (a) Mention three (3) types of entrepreneurship

(b) Differentiate between creativity and hardworking

SECTION C (45 Marks)

Answer All questions in this section

7. Small sized-business now days are conducted by a number of people in the society despite of the challenges they face. As an expert of business, what do you think are the benefit enjoyed by the society from these business. Use five (5) points

8. Entrepreneurship it is very crucial and important to every person who engage on it and those who do not practice it. By using the knowledge of entrepreneurship, explain five (5) importance of entrepreneurship to the society

9. Business studies it is very important subject to every individual now days, this is because it equips individuals with the necessary knowledge and skills that help them to start and run different business activities. Based on this truth, explain five (5) importance of studying business studies.

Name of Student:. . . . . . . . . . . . . . . . . .

THE PRIME MINISTER’S OFFICE, REGIONAL AUTHORITY AND LOCAL GOVERNMENT

MUSOMA MUNICIPAL COUCIL

REGIONAL PRE MOCK EXAMINATION MAY 2026

BUSINESS STUDIES

FORM TWO

Time: 2:30 hours

 INSTRUCTION

1. This paper consist of section A, B and C with a total of nine (09) questions.
2. Answer all questions.
3. Section A carries fifteen (15 marks) section B forty marks (40) and section C carries forty five (45 marks) 
4. All writing must be in blue or black ink, except drawing which must be in pencil.

Section A (15 marks)

Answer all questions in this section

1. In each of the question (i)-(x) choose the most correct answer among the given alternatives.

i. Goods like fruits, vegetables, breads and milk lied on

1. Durable goods
2. Producer goods
3. Demerit goods
4. Derishable goods 

ii. Anna wanted to know the meaning of interest in her loan. As a form two student give concept to Anna.

1. profit
2. Buying and selling
3. Price of money
4. Saving

iii. Mwembeni Primary School dedicated to buy School bus, then advertisement require a worker with a knowledge of driving vehicle skills, what type of worker is working for?

1. Semi-skilled labour
2. Unskilled labour
3. Skilled labour
4. Labourer

iv. Which one among of the following is not an input for production

1. Land
2. Capital
3. Consumer
4. Labour

vi. The following are the types of entrepreneurship except:

1. Business entrepreneurship
2. Intrapreneurship/ Corporate entrepreneurship
3. Political entrepreneurship
4. Social entrepreneurship

vii. Money borrowed from Bank by business or individual with the agreement to repay it with the interest

1. Funds and family
2. Loan
3. Deferred payment
4. Personal saving

viii. Which of the following correctly reflects proprietorship from business?

1. A restaurant shop owned by Baraka
2. A mobile shop owned by Massawe and his life
3. A butcher owned by Khamis, Derrick, Magesa and Juma
4. A sport kits shop owned by footballers

ix. Suppose your fellow students asked you to identify only two resources that you can use in production, what resource you will select among the following?

1. Trade and direct services
2. Capital and land
3. Scarcity and opportunity cost
4. Perishable and durable goods

x. Who is the final user goods and services?

1. Distributor
2. Manufacture
3. Retailer
4. Consumer

xi. Which one of the following is not an inputs for production?

1. Land
2. Consumer
3. Capital
4. Labour

Answers

i	ii	iii	iv	v	vi	vii	viii	ix	x
									.

2. Match the term from group A with those in group B writing the letter of correct option.

GROUP A	GROUP B
(i) Money spending on running Business. (ii) A business owned and operated by one or few people. (iii) Moving goods from where they are produced to where they are needed for consumption.  (iv) Selling and buying of goods and services. (v) The inputs used to produce goods and services.	Opportunity cost Scarcity Exchange Resources Business Distribution Small business Wants Expenses

ANSWERS

GROUP A	I	II	III	IV	V
GROUP B

  SECTION B 40 MARKS

3. Goods are classified into different categories. Justify this statement by giving five points

4. Upon arriving home from school you met your neighbours arguing about the value of entrepreneurship they believe that, entrepreneurship lacks any value in form them about the importance of entrepreneurship

5. A furniture workshop produces ten table per day and three chairs selling to get profit.

1. Identify the type of production and explain.
2. Identify the factor of production involved

6. John has friend who made much money from his small business. His friend gave him Tsh 500,000/= as capital to expand his retail shop.

1. What type of fund for small business is this.
2. Write two advantages and one disadvantages of it.
3. Mention other sources of funds for small sized business.

SECTION C 45 MARKS 

Answer all question in this section

7. People working in the field of education have special characteristics that enable them to carry out their duties and responsibilities effectively. The same applies to lawyers, doctors and in other profession. Use six points show how this statement correct to and entrepreneur?

8. Mr. Kondo wishes to start business in Mwanza town but he lacks capital to establish his business, on your views explain five (05) sources of capital Mr. Kondo should uses to get capital.

9. Opening a business as a sole proprietor has benefit as well drawbacks. Discuss by providing relevant examples. (six points)

THE UNITED REPUBLIC OF TANZANIA PRIME MINISTER’S OFFICE, REGIONAL ADMINISTRATION AND LOCAL GOVERNMENT

MBINGA DISTRICT COUNCIL

FORM II DISTRICT PRE MOCK EXAMINATIONS MARCH 2026

065 BUSINESS STUDIES

Time: 2:30 HOURS Monday 23^rd March 2026 P.m.

INSTRUCTIONS

1. This paper consists of sections A, B and C with a total of nine (9) questions.
2. Answer all questions in the space provided.
3. Section A carries fifteen (15) marks, section B fourty (40) marks and section C carries Fourty-five (45) marks.
4. All writing must be in blue or black ink, except drawings which must be in pencil.
5. Communication devices, and any unauthorized materials are not allowed in the assessment room.

SECTION A (15 Marks)

Answer all questions in this section.

1. For each of the items (i) – (x), choose the correct answer from the given alternatives and Write its letter in the box provided.

i. Imagine your sister deals with moving goods and services from where they produce them to the market for consumer. Which business process is this among the following:

1. Production 
2. Exchange 
3. Distribution 
4. Insurance

ii. Mr. Wamboka is a young entrepreneur who has been positive and Maintaining high expectation despite business challenges to faces. Which Characteristic of entrepreneurs is possessed by Mr. Wamboka

1. Creativity 
2. Flexibility
3. Opinion 
4. Innovate timers 

iii. Organization owned and operated by people with similar or common goals is Called ________________

1. Microfinance 
2. Corporation
3. Enterprises 
4. Cooperatives 

iv. Interest means ____________

1. Profit 
2. Buying and selling
3. Price of money 
4. Saving

v. If Kinyangesi company Limited job advertisement require a worker with a bachelor degree and ICT skills, what type of worker is it looking for?

1. Unskilled worker 
2. Laborer
3. Skilled Labour 
4. Semi – skilled labour

vi. Borrowing funds from financial institutions with the agreement of repaying Them with interest over a specific period of time 

1. Loan 
2. Differed by payment
3. Personal saving 
4. Raising fund 

vii. One of the following alternatives DOES NOT explain the abilities possessed By an entrepreneur

1. Innovation 
2. Risk avoidance
3. Invention 
4. Motivation 

viii. The theory of entrepreneurship that view entrepreneur as the engine of growth, That sees the opportunity for introducing new market, new products and Discovering new market of raw materials, is known as 

1. Need achievement theory 
2. Risk beaning theory
3. Innovation theory 
4. Economic theory of entrepreneurship 

ix. In a sole proprietorship context, what does unlimited supply mean?

1. The proprietor can invest unlimited amount of money in the business
2. The business has unlimited potential for expansion
3. The proprietors personal assets are at risk in case the business incurs liabilities 
4. The proprietorship is responsible for restoring

x. An ability that enable an entrepreneur to make well – informed judgment after

Gathering important facts and data is called

1. Decision making skills 
2. Negotiation skills
3. Leadership skills 
4. Financial management skills

Answers

i	ii	iii	iv	v	vi	vii	viii	ix	x
									.

2. Match the description about business studies concepts in List A with the relevant concept of business studies in List B by writing the letter of the correct response beside the corresponding item number in the table provided.

List A	List B
(i) Is a person who owns a business, keeps all the profit after tax has been paid is liable for any loss which may be encountered by the business (ii) Refer to actively seeking opportunities rather than waiting for them to occur by chance (iii) Goods which have price elements (iv) Creation of goods and services to satisfy human needs and wants (v) High interest rates	Sole proprietorship Economic goods Loan Proactiveness Utility Produce goods Sole proprietor Creativity production

Answers

List A	i	ii	iii	iv	v
List B

SECTION B (40 Marks)

Answer all questions in this section.

3. (a) Define the term business.

(b) Explain four business process, namely

1. Production
2. Distribution
3. Exchange 
4. Consumption

4. (a) Define the term resources

(b) Briefly explain the following factors of production

1. Land
2. Labour
3. Capital
4. Entrepreneurship

5. Explain the following concept

1. Deferred payment
2. A loan
3. Personal saving
4. Cooperatives
5. Funds family and friends

6. Differentiate the following concept as they are used in business studies

1. Perishable goods and durable goods
2. Production and consumption
3. Goods and service
4. Labor and capital
5. Demerit good and merit goods

SECTION C (45 Marks)

Answer all questions in this section.

7. People working in the field of education have special characteristics that enables them to carry out their duties and responsibility effectively. The same applied to lawyers, doctors and in other profession. Use five points showing how this statement is correct to an entrepreneur

8. Upon arriving home from school you participated in a village meeting, that discuss on production of various cash crops. As a participant in five points explain to them five importance of production to society and National at large

9. Sole proprietorship like any other form of business faces challenges in its operation. Explain those challenges and suggest how they can be solved.