FORM THREE COMMERCE ANNUAL EXAMS
THE UNITED REPUBLIC OF TANZANIA
PRESIDENT’S OFFICE – REGIONAL ADMINISTRATION AND LOCAL GOVERNMENT FORM THREE ANNUAL EXAMINATION – 2025
COMMERCE Time: 3 Hours
INSTRUCTIONS  
1. This paper consists of three sections A, B and C.
2. Answer all questions in sections A and B and two (2) questions from section C.
3. Write your answers in the spaces provided.
4. Use clear explanations, diagrams, and examples where appropriate.
SECTION A (15 Marks)
1. Multiple Choice Questions (10 marks)
Choose the correct answer and write its letter in the answer sheet provided.
(i) Commerce can best be defined as: A. The buying and selling of goods only B. The distribution of goods and services from producers to consumers C. Activities of producing goods only D. The exchange of services for money
(ii) Which of the following is  NOT  an example of production? A. Farming maize B. Teaching students C. Storing goods in a warehouse D. Consuming bread
(iii) The risk of loss of goods in transit is mainly covered by: A. Banking services B. Insurance C. Transport authority D. Warehousing
(iv) The entrepreneur who introduces new ideas and innovations in production is called: A. Trader
B. Marketer C. Creative entrepreneur D. Inventor
(v) Which of the following is an example of  domestic trade ? A. Importing sugar from Brazil B. Selling maize flour in a local market in Dodoma C. Exporting cloves to Europe D. Buying machinery from China
(vi) Which type of warehouse is usually owned by the government and open to all  traders? A. Bonded warehouse B. Public warehouse C. Private warehouse D. Wholesalers’ warehouse
(vii) According to the law of demand, other things remain constant, when the price of a  good increases: A. Demand increases B. Demand decreases C. Supply decreases D. Consumers’ income increases
(viii) Which of the following is the cheapest means of transport for bulky goods over  long distances? A. Road transport B. Rail transport C. Air transport D. Water transport
(ix) Which method of business communication is most suitable for reaching a large  audience quickly? A. Business letter B. E-mail C. Telephone call D. Mass media advertising
(x) Which one is a visible item in international trade? A. Tourism services
B. Export of gold C. Banking services D. Insurance cover
2. Matching Items (6 marks)
Match the items in  List A  with the correct responses in  List B  by writing the letter of the  correct response beside the item number.


SECTION B (54 Marks)
Answer all questions in this section. Each question carries  9 marks .
3. (a) Briefly explain the scope of commerce. (3 marks) (b) Differentiate between commerce and economics. (3 marks) (c) Draw a well-labelled diagram showing the major branches of commerce. (3 marks)
4. A small village in Kilimanjaro region is famous for coffee production. Young people  have started forming groups to process and package coffee for sale.
(a) Identify three types of production involved in this case. (3 marks) (b) Explain three roles of entrepreneurship in this scenario. (3 marks) (c) Mention three challenges likely to face these entrepreneurs. (3 marks)
5. (a) Define domestic trade. (3 marks) (b) Explain three differences between wholesale and retail trade. (3 marks) (c) With a diagram, show three types of warehouses. (3 marks)
6. A trader sells tomatoes in Kariakoo Market. When the price rises from Tsh 500 to Tsh  800 per kilogram, customers buy fewer tomatoes.
(a) State the law of demand. (3 marks) (b) Explain two factors (other than price) that may affect the demand for tomatoes. (3  marks) (c) Draw and label a demand curve for tomatoes. (3 marks)
7. (a) Explain the importance of transport in commerce. (3 marks) (b) State three modern means of business communication. (3 marks) (c) With examples, explain how poor transport and communication systems affect trade.  (3 marks)
8. (a) Define business finance. (3 marks) (b) Explain two sources of finance for small businesses. (3 marks) (c) State three differences between international trade and domestic trade. (3 marks)
SECTION C (30 Marks)
Answer  two (2)  questions from this section. Each question carries  15 marks .
9.  “Unsustainable production and trade practices have negative effects on society and  the environment.” With reference to examples, discuss how  sustainable production and marketing  practices  can benefit Tanzania.
10.  International trade is important for the economic development of a country. Discuss  five benefits and five challenges  of international trade in Tanzania.
11.   “Proper financial management is key to the survival of any business enterprise.” Discuss this statement by explaining the importance of business finance and the  consequences of poor financial management in enterprises.

FORM THREE COMMERCE EXAM SERIES 233  

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FORM THREE COMMERCE EXAM SERIES 233  

THE PRESIDENT’S OFFICE

 

REGIONAL ADMINISTRATION AND LOCAL GOVERNMENT

 

FORM THREE ANNUAL EXAMINATION

 

COMMERCE

TIME: 3 HOURS                                                                                               NOVEMBER 2024

INSTRUCTIONS

1.  This paper consists of three sections A, B and C with total of eleven (11) questions

2.  Answer all questions in section A, B and only two (2) questions from sections C 

3.  Section A carries sixteen (16) marks, section B carries fifty –four (54) marks and section C carries fifteen (30) marks

4.  Budget your time wisely 

SECTION A: (16 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 beside the item number in the answer sheets provided.

i. Salma a trader is checking and recording stocks in his shop. Identify activity is Salma performing 

A.  Stock valuation

B.  Stock calculation

C.  Care of stock 

D.  Stock control 

E.   Placing of ctock

ii. Officer from TRA went to Anna a wholesaler, at midnight and forced him to pay tax.

To avoid conflict which principle officer could use?

A.  Principle of simplicity 

B.  Principle of certainly 

C.  Principle of subrogation 

D. Principle of subrogation E. Principle of convenience

iii. A machinga use bicycle moving area of kibaha selling fish and vegetables. Which type of trade the Machinga belongs?

A.  Hawker

B.  Peddlers

C.  Cheap jacks

D. Market trader E. Roadside trader

iv. Elon Musk want to open an industry here in Tanzania to produce cell phone. What he needs to have before starting production 

A.  Customers

B.  Market 

C.  Trade mark 

D.  Brand

E.   Package 

v. A type of demand for a commodity serve the same purpose as served by other commodity is regarded as

A.  Joint demands 

B.  Inter-sectional

C.  Derived demand 

D.  Composite demands

E.   Competitive demands

 

You requested money from your father to pay for your school fees, but your father told you that he currently does not have such money. But after a few days of working hard, he finds the money and pays for your school fees. Which quality of money was demonstrated in this case? 

A.  Divisibility 

B.  Durability 

C.  Cognisability 

D.  Scarcity 

E.   Homogeneity 

vii. There are many type of account offered by commercial banks, the suitable for employee is?

A.  Current account 

B.  Fixed deposit account 

C.  Loan account 

D. Saving account E. Company account  viii. Which of the following set analyses the major ingredients  of marketing mix? 

A.  Procurement, production, promotion and pricing

B.   Distribution, production, policies and pricing

C.   Production, promotion, pricing and distribution

D.  Production, pricing, promotion and policies

E.   Product, pricing, promotion and advertising

 

ix) “Omo removes dirty and stains, ordinary powder leaves behind.” Which form of advertising is best described by this example? 

A.  Informative 

B.  Competitive 

C.  Generic 

D. Persuasive  E. Sponsorship 

x. Dangote wants to share information with his suppliers, out of the following, what should he consider first?

A.  Name of the media owner

B.  The relationship between the media and user

C.  Number of people to use the media

D.  Cost of media 

E.   Competitive media

2. Matching the items in List A against with the response in List B and write the letter of the correct answer in the table below.

List A

List B

i. A document notifying the buyer of the reduction in amount he/she owes the seller resulting from an

A. Packing note 

overcharge on the invoice

ii.             A document for acknowledgement in writing of a payment received

iii.           A document used by the seller to correct an undercharge on the invoice 

iv.           Document of communication from prospective

buyers to sellers to find out if certain goods are available 

v.             A document showing a list of items package in a particular container 

vi.           A printed booklet prepared by the seller which gives description of the goods available for sale such as price, quantity, quality and size

B.  Inquiries 

C.  Debit note

D.  Receipt 

E.   Credit note 

F.   Delivery note

G.  Advice note 

H.  Catalogue

SECTION B (54 MARKS)

ANSWER ALL QUESTIONS

3.  In delivery of information the sender always select media to deliver the message to the audience. Explain the relevant factors to be considered by the sender when selecting the medium to disseminate the information. (six points)

 

4.  Using five (5) points, tell local business people in your community the importance of commerce in their daily business environment. 

 

5.  Business opportunities are created from many sources, one being studying human wants. As a commercial student, explain any other five (5) sources. 

6.  Mr. Malume has decided to start a wholesale trade which will cost 10,000,000/=Tzs. He decides to get loan from NMB Bank. What factors will the bank manager take into account before granting a loan? Defend by explaining five (5) points 

7.  Mwajuma is working as a machine operator for more than twelve years at JKY factory located at Mbagala Dsm and in all that time has never changed her job. What are the benefit  that could be enjoyed by Mwajuma and the business by concentrating on one job in twelve year? Explain six (6) points

8.  (a) Identify the three (3) main type of intermediaries in import trade

(b) Explain three (3) importance of bill of landing in exporting of goods.

SECTION C: (30 MARKS)

Answer TWO questions only

 

9.     Many companies have been established to provide various goods and services, but in recent years there have been a large number of companies that have ceased operation. What are the reasons behind the situation? Give six (6) reasons. 

10.  In 2021 a country named X faced over supply of money in the economy which later led to economic problem including inflation, use your knowledge on baking to advice country X on the  tools that her central bank should employ to control excessive supply of money 

11.  (a) Explain five (5) method a country may use to control the volume of imports.

(b) Discuss three (3) problems faced by Tanzania for being involved in international trade.

 

FORM THREE COMMERCE EXAM SERIES 188  

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FORM THREE COMMERCE EXAM SERIES 188  

 

THE PRESIDENT’S OFFICE MINISTRY OF EDUCATION, REGIONAL ADMINISTRATION AND LOCAL GOVERNMENT

COMPETENCY BASED SECONDARY EXAMINATION SERIES

 

                                                             COMMERCE   FORM THREE

TIME: 3 HOURS                                                                                 NOVEMBER 2022

INSTRUCTIONS

  1. This paper consists of section A, B and C with total of  ten (10) questions
  2. Answer all questions in section A and B and only two questions from section C
  3. Section carries twenty (20) marks, section B carries fifty (50) marks and section C carries thirty (30) marks 
  4. Programmable calculators, cellular phone and any unauthorized materials are not allowed in the examination room
  5. Write your NAME on every page of your answer sheet(s)

Section A (20 Marks)

Answer all questions in this section

  1. Careful read the following questions, then choose the correct answer from the alternative given and write its letter on the space provided.
  1. John and Johnson has been partners for several years, but John has been dealing with all business affairs alone, how can you group Johnson in such partnership business                                                                                                            
  1. As sleeping partner
  2. As an active partner
  3. As Quasi partner  
  4. As general partner
  5. As Unlimited partner
  1. The reduction of prices which results from large purchases is known as;          
  1. Price support
  2. Re-sale price maintenance
  3. Trade discount 
  4. Cash discount
  5. Discount allowed 
  1.                     Mamalishe has been selling fresh juice by using water bottle in her restaurant, so the process of placing fresh juice in water bottle is called? 
  1. Brading
  2. Packing
  3. Packaging
  4. Putting
  5. Grading   
  1.                      Mr. Pweza prefers buying carbonated soft drinks (Mango) from Azam Co.ltd, after the rise in prices for Mango Juice, he decided to shift and consume fresh juices from Mamalishe. The demand for two commodities is classified as:  
  1. Joint demand
  2. Complementary demand
  3. Independent demand 
  4. Competitive demand
  5. Derived demand
  1. When drawing supply curve, automatically supply curve slope upward from left to right. Why does this supply curve slope upward from left to right? 
  1. The lower the price, the higher the quantity demanded and vice versa
  2. When the price is held constant, the quantity supplied increases
  3. When the factors other than price held constant, Quantity supplied increases
  4. The higher the price, the higher the quantity of commoditied supplied and vice versa
  5. The lower the price, the higher the supplied
  1.                      Given that, a daily sale is 20kg of NIDO milk, delivery time 5 days, Minimum stock 100kg, and Maximum stock 70kg. What will be the order point?  
  1. 200kg B. 100kg  C. 150kg  D. 180kg  E. 120kg  E. 70kg
  1.                   A kind of home trade which deals with buying of goods in large quantity from the wholesaler and selling them to the final consumers is called? 
  1. Home trade
  2. Wholesale trade
  3. Retail trade
  4. Foreign trade
  5. Import trade
  1.                 Mr. Mwasambabha as household has prepared a fresh fruit juice for his child Consumption. In which kind of production activities done by Mwasambabha be grouped? 
  1. Primary Production
  2. Tertiary production
  3. Direct production 
  4. Indirect Production
  5. Personal services
  1.                      Which of the following qualities of a good money signifies that, good money should have a long life span 
  1. Portability
  2. Malleability
  3. Durability 
  4. Divisibility
  5. Difficult to make a fake copy
  1. Mr. Matata own a supermarket at Singida Bus terminal. Which one of the following stock computation will help him to identify fast and slow moving items in the business 
  1. Average stock
  2. Stock turn rate
  3. Minimum stock 
  4. Stock order point
  5. Stock levels 
  1.                      Self service is a common features of a .............
  1. Chain store
  2. Single shop
  3. Supermarket 
  4. Tied shop
  5. Multiple shop
  1.                   Continuing rise in general level of prices and consequent fall in purchasing power of money is called?    
  1. Deflation
  2. Inflation
  3. Disinflation 
  4. Equilibrium price
  5. Rein - Inflation
  1.                 Are warehouses which are owned by the government and individual and its free to any one wishing to hire them for a certain charge; 
  1. Bonded warehouse
  2. Private warehouse
  3. Public warehouse
  4. Wholesaler warehouse
  5. Retailer warehouse
  1.                 Mr Kimbo wishes to start his drinking water industry at Kigoma, then how can he differentiate his product from other company’s products like Uhai, Afya ect.
  1. Through packaging
  2. Through branding
  3. Through price
  4. Through packing
  5. Through standardizing  
  1.                    Which method would Tanzania adopt if she wants to complete restrict importation of sugar from Malawi 
  1. Imposing heavy import duty
  2. Total ban
  3. Fixing Import quota 
  4. Using government agencies
  5. Using VAT

2.      For each of item (i-v) match the description of item in list A with their corresponding names in list B by writing the letter of the correct response on the space provided

List A

List B
  1. Means change in the quantity of commodity demanded as a result of change in price while other factors remain constant
  2. This occurs when Tanzania - Petroleum Company’s buy Petrol and Diesel from Libya for selling them within the country
  3.                      It’s concerned with the arrangement of the organizational resources like machines, people and materials in such a way they can accomplish organizational goals
  4.                      The process of monitoring and measuring subordinates work performance so as to ensure that work performance conform to plans or stand set 
  5. Process of setting objectives and deciding how to achieve them

A.      Export trade 

B.       Change in quantity demanded

C.       Import trade

D.      Organizing

E.       Controlling

F.        Planning

G.      Change in Demand

H.      Coordinating

I.          Plan

 

SECTION B (50 Marks)

Answer all questions in this section

3.      Differentiate between the following terms

a)      Packing and packaging 

b)      Composite demand and competitive demand

c)      Commerce and economics

d)      Air transport and land transport

e)      Specialization and division of labour

4.      a) (a) Mr. Kiombo has been producing Beans for years and selling them at his private warehouse, but he has been running his business at loss, what do you think could be the reasons for running his business at loss? Identify any five reasons

(b)   Mr. Kiombo who has been producing Beans for years and selling them within a local market, but now he wishes to sell them to Kenya, he has been thinking either to use road transport or air transport.

Required: Since you have business knowledge briefly explain to him any five factors to be taken into consideration before choosing any model of transport system

5.      Careful study the following demand and supply schedule for Cooking oil in Tanzania and then answer the questions below

Price (Tshs)

Qd (Litre)

Qs(Litre)

2,000

8

2

3,000

6

4

4,000

4

6

5,000

2

8

6,000

1

10

a)      Draw a demand and supply curve in the same pair of axes

b)      Indicate the equilibrium point, equilibrium quantity and equilibrium price

c)      Calculate price elasticity of demand when cooking oil price changed from Tshs.

2,000 to 5,000

d)      Give Comment on the results you obtained in question (c) above

e)      Name any five factors affecting demand of Cooking Oil in Tanzania

6.      a) Miss Janeth has been employee as an Accountant at Singida Regional Hospital for 10 years, this year she has decided to quit the job and become an entrepreneur. Highlight any six reasons why Janeth decided to be entrepreneur.

(b)   Since Miss Janeth has decided to be an entrepreneur, provide your profesion advice by naming any four factors that should be taken into consideration when locating her business. 

7.      a) Define cheque and identify any three circumstances under which a cheque may be dishonoured

(b)   Mr. Keko a Sole trader, who own a departmental store at Dodoma City wishes to apply for a loan from NMB Bank for his business expansion, but he is not aware of any factors that are taken into consideration by Bank before giving loans to their customers. As business expert help Mr. Keko by briefly explaining to him any five factors that Banks take into consideration before granting loan to their customers

Section C (30 Marks)

Answer only two questions from this section

8.      (a) Differentiate departmental store and supermarket

(b)   Small scale retailers like road side traders, machingas, auctioneers and market stall holders has been increasing in our country, but they are facing many challenges. Explain any five challenges facing small scale retailers in Tanzania.

9.      In our country most of the products are imported from other countries such as China, Japan, India etc, but to much importation may have negative impact in our country. So what do you think should be done in order to reduce to much importation of products from abroad(Discus any five factors)   

10.  (a) Define and identify any five difficulties associated with barter trade system

(b)   We normally use money in our daily live, as student explain how do you use money. (Explain any six uses)

 

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