FORM ONE BUSINESS ANNUAL EXAMS
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.
1. Who starts, creates, and manages a new business?
A. Leader
B. Manager

C. Professional
D. Entrepreneur
2. One of the following DOES NOT explain the abilities possessed by an entrepreneur:
A. Innovation
B. Invention
C. Risk avoidance
D. Motivation
3. What makes small-scale businesses vital in the country’s economy?
A. Give an outlet to entrepreneurs
B. Provide specialist support to large-scale businesses
C. Innovators of new products
D. All of the above
4. Which informal means do entrepreneurs use to gather information for further  improvement in their business?
A. Marketing
B. Primary research
C. Entrepreneurial networking
D. Informal debates
5. Mayala is an entrepreneur who dedicates and sacrifices his time, money, and energy  to succeed in business. Which attribute does he show?
A. Innovativeness
B. Commitment
C. Perseverance
D. Calculated risk taking
6. Which is the main feature of an entrepreneur?
A. Innovative
B. Risk taking
C. Decision making
D. Hard working
7. The process through which entrepreneurs convert business opportunities into  marketable solutions is considered as:
A. Innovation
B. Risk taking
C. Creation
D. Mobilizing and allocation of resources
8. Ms. Mashiko owns a retail shop and succeeded because she believes in herself and  her goals. Which characteristic is this?
A. Hard working
B. Goal setter
C. Self-confidence
D. Creative
9. The following are roles of an entrepreneur, EXCEPT:
A. Bringing together factors of production
B. Identifying opportunities
C. Assuming uncertainty of the future
D. Promoting obsolete technologies
10. Sir Komba buys large maize stock despite falling price speculation. Which  entrepreneurship characteristic drove him?
A. Creative and imaginative thinking
B. Risk taking
C. Perseverance and commitment
D. 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:
(a) Factors of Production
(b) Entrepreneurial Skills
(c) Goods
(d) Business Entrepreneurship
(e) Formation of a Sole Proprietorship
4. Briefly explain the concepts of  Scarcity  and  Opportunity Cost .
5. Differentiate the following:
(a) Entrepreneurship and Entrepreneur
(b) Sole Proprietorship and Sole Proprietor
(c) Business and Business Studies
(d) Limited liability and Unlimited liability
(e) 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:
a) What made Juliana start the tailoring business?
b) What type of business did Juliana start, and how does she benefit?
c) What value does the business add to the community?

FORM ONE BUSINESS EXAM SERIES 229  

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