THE PRIME MINISTER’S OFFICE REGIONAL ADMINISTRATION AND LOCAL GOVERNMENT

FORM ONE ANNUAL JOINT EXAMINATION

CODE: 065 BUSINESS STUDIES

TIME: 2:30 HRS NOVEMBER 2026

INSTRUCTIONS

1. This paper consists of Sections A, B and C with a total of 10 questions.
2. Answer all questions in Sections A, B and C.
3. Section A carries fifteen (15) marks, Section B seventy (70) marks and Section C fifteen (15) marks.
4. All writing must be in blue or black ink and drawings in pencil.
5. Write your examination number on every page.

SECTION A (15 MARKS)

Answer all questions in this section.

1. For each of the following items (i) to (x), choose the correct answer and write its letter.

i. Which among the following businesses is a form of sole proprietorship?

1. A. Coffee shop owned by Asha, Mary and Adam

2. B. Mobile company owned by Asha and her friends

3. C. Butcher owned by Adam

4. D. Salon owned by a Tanzanian and an American

ii. Which of the following is considered a factor of production?

1. A. Money

2. B. Land

3. C. Technology

4. D. Marketing

iii. Which type of entrepreneurship aims to provide innovative solutions to social problems while generating profits?

1. A. Entrepreneurship

2. B. Business entrepreneurship

3. C. Intra-entrepreneur

4. D. Social entrepreneurship

iv. Who starts, creates and manages a new business?

1. A. Leader

2. B. Professional

3. C. Entrepreneur

4. D. Manager

v. The government provides free vaccination to children to protect them from diseases. Which type of goods is being provided?

1. A. Merit good

2. B. Free good

3. C. Economic good

4. D. Demerit goods

vi. Which of the following does not explain an ability possessed by an entrepreneur?

1. A. Invention

2. B. Motivation

3. C. Innovation risk avoidance

vii. Which of the following is a business process?

1. A. Networking

2. B. Public relations

3. C. Social media

4. D. Exchange

viii. Which of the following is NOT an example of consumer goods?

1. A. Vegetables

2. B. Cars

3. C. Raw materials

4. D. Furniture

ix. Alphonce, a shopkeeper, does not understand how Business Studies and Mathematics work together to help him in business. What is the relationship between the two disciplines?

1. A. Business Studies teaches the shopkeeper about customer services

2. B. Mathematics helps the shopkeeper calculate sales, profit and costs in business

3. C. Mathematics teaches the shopkeeper how to sell products

4. D. Business helps the shopkeeper decide what to sell

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. A. Consumption

2. B. Business

3. C. Production

4. D. Scarcity

2. Match the descriptions in List A with the appropriate words in List B by writing the correct letter.

SECTION B (70 MARKS)

Answer all questions.

3. Business involves several key processes that ensure goods and services reach the final consumer. Identify and explain the four business processes in an orderly manner.

4. Business Studies is an interdisciplinary subject that connects with various other subjects. Explain how Business Studies is related to each of the following, giving a practical example.

1. Mathematics
2. Music and Theatre Arts
3. Language subjects
4. Agriculture

5. Goodluck is a new Form One student who has a goal of becoming a businessman. Explain to him how Business Studies will help him achieve his goals. (Six points)

6. The government of Tanzania encourages people to use some goods while discouraging the use of others. Some goods provide long-term benefits to individuals and society, while others can have negative effects if overused. Classify the following goods as merit goods or demerit goods.

7. (a) Explain five ways entrepreneurship is important to the economy of Tanzania.

(b) Describe three types of entrepreneurship.

8. With an example, explain each of the following types of goods.

1. Durable goods
2. Perishable goods
3. Producer goods
4. Demerit goods
5. Economic goods

9. Briefly explain the following entrepreneurship skills possessed by an entrepreneur.

1. Leadership skills
2. Communication skills
3. Networking skills
4. Decision-making skills
5. Financial management skills

SECTION C (15 MARKS)

10. Maria owns a business, keeps all the profit after tax has been paid and is liable for any losses encountered by the business.

(a) Identify the kind of business owned by Maria and describe five challenges facing this business.

(b) Describe three ways of solving the challenges facing sole proprietorship.

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

SECONDARY EXAMINATION SERIES

FORM ANNUAL EXAMINATION

BUSINESS STUDIES – NOVEMBER-    2025

TIME: 2:30 HOURS

INSTRUCTIONS

1. This paper consists of Sections  A, B, and C  with a total of  ten (10) questions .
2. Answer  all questions  in Sections A and B, and  three (3)  questions in Section C.  Question 10 is compulsory.
3. Section A carries  15 marks , Section B carries  40 marks , and Section C carries  45  marks .
4. Use  blue or black ink  in writing, except for drawings which must be done in  pencil .
5. Communication devices, calculators, and unauthorized materials are not  allowed  in the assessment room.
6. Write your  Assessment Number/Full Name  at the top right-hand corner of every  page.

SECTION A (15 Marks)

Answer all questions in this section

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

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

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

(ii) One of the following DOES NOT explain the abilities possessed by an entrepreneur:

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

(iii) What makes small-scale businesses vital in the country’s economy?

1. Give an outlet to entrepreneurs
2. Provide specialist support to large-scale businesses
3. Innovators of new products
4. All of the above

(iv) Which informal means do entrepreneurs use to gather information for further  improvement in their business?

1. Marketing
2. Primary research
3. Entrepreneurial networking
4. Informal debates

(v) Mayala is an entrepreneur who dedicates and sacrifices his time, money, and energy  to succeed in business. Which attribute does he show?

1. Innovativeness
2. Commitment
3. Perseverance
4. Calculated risk taking

(vi) Which is the main feature of an entrepreneur?

1. Innovative
2. Risk taking
3. Decision making
4. Hard working

(vii) The process through which entrepreneurs convert business opportunities into  marketable solutions is considered as:

1. Innovation
2. Risk taking
3. Creation
4. Mobilizing and allocation of resources

(viii) Ms. Mashiko owns a retail shop and succeeded because she believes in herself and  her goals. Which characteristic is this?

1. Hard working
2. Goal setter
3. Self-confidence
4. Creative

(ix)The following are roles of an entrepreneur, EXCEPT:

1. Bringing together factors of production
2. Identifying opportunities
3. Assuming uncertainty of the future
4. Promoting obsolete technologies

(x) Sir Komba buys large maize stock despite falling price speculation. Which  entrepreneurship characteristic drove him?

1. Creative and imaginative thinking
2. Risk taking
3. Perseverance and commitment
4. Innovativeness

2.  Match descriptions in  List A  with the correct form of entrepreneurship in  List B . Write  the letter of the correct answer beside the item number.

SECTION B (40 Marks)

Answer all questions in this section

3. Assume you are shortlisted for an interview at  Job Creators Company . Explain the  following concepts:

1. Factors of Production
2. Entrepreneurial Skills
3. Good
4. Business Entrepreneurship
5. Formation of a Sole Proprietorship

4. Briefly explain the concepts of  Scarcity  and  Opportunity Cost .

5. Differentiate the following:

1. Entrepreneurship and Entrepreneur
2. Sole Proprietorship and Sole Proprietor
3. Business and Business Studies
4. Limited liability and Unlimited liability
5. Intrapreneurship and Intrapreneur

6. Enumerate  five qualities of a Sole Trader .

SECTION C (45 Marks)

Answer any three (3) questions. Question 10 is compulsory.

7. Critically analyze five (5) benefits of entrepreneurship.

8. Explain to Baba Mwajuma the relationship between Business Studies and any five (5)  other school subjects.

9. (Compulsory) With the aid of a diagram, explain the  business processes  Sir Business  must undertake to reach final consumers (students).

10. Case Study Juliana is a talented tailor who, after saving money, opened her own tailoring business.  She makes all decisions, retains all profits, and registered the business legally. She  interacts directly with customers, who value her friendly service. Now she plans to  expand and employ others.

Questions:

1. What made Juliana start the tailoring business?
2. What type of business did Juliana start, and how does she benefit?
3. What value does the business add to the community?