PRESIDENT OFFICE REGIONAL ADMNISTRATION
AND LOCAL GOVERNMENT
SECONDARY EXAMINATION SERIES
COMPETENCE BASED ASSEMENT
COMMERCE FORM ONE
MID-TERM EXAMS-AUG/SEPT – 2024
Instructions
Answer all questions from this paper
SECTION A
Answer ALL questions.
(i) Which of the following is an indirect service?
(ii) Which is not a characteristic of good.
iii. Ability to interact with customers and clients can be termed as;
iv. Which of the following is not a contribution of entrepreneurs to society?
v. Which is not a characteristic of land as a factor of production?.
vi. Policemen and clerical officers are example of
vii. They move with good along busy streets.
A. Peddlers
B. Hawker
C. Machinga
D. Mobile shops
viii. Found mostly in rural areas and run by family members.
A. Tied shops
B. Single shops.
C. Market traders
D. Mobile shops.
ix. A rack jobber is a wholesaler who?
x. Which is not a function of wholesaler?
2. Match the items from LIST A with those in LIST B.
LIST A | LIST B |
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SECTION B
3. (a) Differentiate between a good and a service.
(b) Describe six characteristics of a service.
4. What benefits do people who are self employed have?
5. (a) What is a distribution chain?
(b) Elaborate any six distribution chain available to a wholesaler.
6. (a) Write short notes on the following
(b) Write 5 (five) features of land as a factor of production
7. (a) What is specialization and division of labour
(b) Write four advantages and five disadvantages of specialization and division of labour.
8. (a) Who is an Itinerant trader?
(b) Discuss six characteristics of small scale retailers.
9. (a) Describe using examples how retail trade has developed in modern times.
(b) Outline four features of mail order business.
SECTION C
10. What contributions have entrepreneurs brought in the society?
FORM ONE COMMERCE EXAM SERIES 180
FORM ONE COMMERCE EXAM SERIES 180
PRESIDENT OFFICE REGIONAL ADMINISTRATION
AND LOCAL GOVERNMENT
SECONDARY EXAMINATION SERIES
COMPETENCE BASED ASSESSMENT
COMMERCE FORM ONE
MID TERM EXAMS-AUG– 2023
Instructions
SECTION A (15 Mrks)
A) Retail trade B) Wholesale trade C) Foreign trade D) Home trade
A) Labour B) Laborer C) Profit D) Interest
A) Import trade B) Export trade C) Foreign trade D) Home trade
A) WarehousingB) InsuranceC) TradeD) Commerce
A) Labour B) Employees C) Entrepreneurs D) Producers
A) Skilled labourB)Unskilled labourC)Semi – Skilled labourD) Labour
A) Land B) Labour C) Entrepreneurship D) Capita { }
A) Primary, Secondary and Tertiary B) Secondary, Tertiary and Primary
C) Tertiary, Primary and Secondary D) Primary, Tertiary and Secondary
A) Mining B) Lumbering C) Fishing D)Cooking Oil production
A) Service B) Trade C) Commerce D) Utility
Answers
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LIST A | LIST B |
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SECTION B (70 Marks)
Answer all questions.
Output | FC | VC | TC | AVC | AFC | ATC |
2 | 2,000 | - | 8,000 | - | 1,000 | 4,000 |
4 | - | 10,000 | 12,000 | - | - | - |
5 | 4,000 | 3,000 | - | 600 | 8,00 | |
8 | 2,000 | - | 5,000 | 375 | - | 625 |
SECTION C (15 Marks)
Answer question ten (10) questions in easy form
1
FORM ONE COMMERCE EXAM SERIES 140
FORM ONE COMMERCE EXAM SERIES 140
PRESIDENT OFFICE REGIONAL ADMINISTRATION AND LOCAL GOVERNMENT
FORM ONE MIDTERM EXAMINATION MARCH 2023
061 COMMERCE
Time: 2:30 Hours
Instructions
SECTION A (15 Marks)
Answer all questions in this section.
1. For each of the following items (i)-(x), choose the correct answer and write its letter in the box provided
Questions | i | ii | iii | iv | v | Vi | vii | viii | ix | x |
Answers |
2. For each of the following items, choose the correct answer and write its letter in the box provided
LIST A | LIST B |
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Answer box
LIST A | I | ii | Iii | iv | V |
LIST B |
SECTION B (70 Marks)
Answer all questions in this section.
3. Define the following terms
4. Many factors have facilitated the growth of trade and commerce at Igunga town. Basing on this statement. Briefly Mention five (5) factors contributed in the development of trade and commerce in Tanzania.
5. (a) No production no life no business. what does the term “Production” means
(b) Mention four types of utilities
6. Differentiate the following concepts as applied in commerce
7. Mr Marcly is a mathematics teacher at Mwanzugi Secondary school, he heard the subject called commerce but he said that the commerce subject is not important to our country, as an expert of commerce subject analyze to him five importance of studying commerce in our country
8. Mention five features of land as a factor of production
9. Draw a commerce flow chart and label it clearly
SECTION C (15 Marks)
10. There those people who do not buy or sell goods but offer services which facilitate trade. Without such services there would be hindrances in the exchange of goods. With the help of such services there is a continuous flow of exchange of goods and service which helps in the distribution of goods from producer to final consumers. Basing on this statement explain six (6) aids to trade in commerce.
FORM ONE COMMERCE EXAM SERIES 122
FORM ONE COMMERCE EXAM SERIES 122
THE PRESIDENT’S OFFICE MINISTRY OF EDUCATION, REGIONAL ADMINISTRATION AND LOCAL GOVERNMENT
COMPETENCY BASED SECONDARY EXAMINATION SERIES
COMMERCE MARKING SCHEME
FORM ONE- SEPT 2022
Instructions
SECTION A (20 Marks)
Answer ALL questions in this section
c) Insurance d) warehousing
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Column A | Column B |
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SECTION B (70 marks)
Answer all questions in this section
(b) What is elasticity of demand and how it can be calculated?
(b) Explain four (4) functions of entrepreneur of a business
(b) Give the benefits of self-employment to an individual
9. Explain qualities of a good retailer
SECTION C (15 MARKS)
10. Describe characteristics of land as a factor of production.
FORM ONE COMMERCE EXAM SERIES 108
FORM ONE COMMERCE EXAM SERIES 108
THE UNITED REPUBLIC OF TANZANIA PRESIDENT’S OFFICE REGIONAL ADMINISTRATION AND LOCAL GOVERNMENT
FORM ONE TERMINAL EXAMINATION Monday, 18th July 2022
061 COMMERCE TIME: 2:30 Hours
Instructions
1. This paper consists of sections A, B and C with a total of Seven (7) questions
2. Answer all questions.
3. Section A and C carry Fifteen (15) Marks each and section B carries Seventy (70) marks.
4. All answers must be written in the space provided
5. All communication devices, calculators 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 in this section.
1.For each of the following items (i)-(x), choose the correct answer and write its letter in the box provided
I. The study of how human beings strive to satisfy endless wants using the available scarce resources.
II. The major aim of commerce is to
III. The following are the real examples of services
IV. Which of the following statement is true about the nature of commerce
V. This is the process of concentrating on what he or she can do the best.
VI. Which of the following show the real examples of primary wants
VII. One of the qualities of economic goods is that
VIII. Form one students was in a great debate about the concept of labour and perishable in nature.
Why do you think labour is more perishable than other factors of production?
IX. One of the following is not a features of entrepreneur
X. Trade which involves buying goods from wholesalers or manufacturers in large quantities and selling them in reasonable quantities to the final consumers or users is termed as
ITEM | i | Ii | iii | iv | v | vi | vii | viii | ix | x |
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2. For each of the following items, choose the correct answer and write its letter in the box provided
LIST A | LIST B |
i. Traders who open their shops at different places on fixed days or dates ii. Traders who move from one place to another carrying their goods on suitable vehicles such as bicycles or motorcycles in search for customers iii. Traders who sit next to a roadside selling small items such as fruits, vegetables, maize, newspapers or soft drinks iv. Traders who move from one place to another carrying their goods on their shoulders, bicycles or motorcycles in search of customers v. Traders who move from one place to another on foot, carrying goods on their heads or shoulders in search for customers |
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ANSWER
LIST A | I | Ii | iii | iv | v |
LIST B | | | | | |
SECTION B (70 Marks)
Answer all questions in this section.
3. Briefly explain the following terms as they are used in commerce
a. Human wants
b. Employment
c. Economics
d. Semi-skilled labour
e. Small scale retailers
4. Distinguish the following commercial terms
a. Extractive industry and manufacturing industries
(b)Preventing the risk and reducing the risk
(c) Goods and Services
(d) Retailer with no fixed shop and retailers with fixed shop
5. Draw a production flow chart and label it clearly
6. Before the invention of money, the system of business that people used was barter system trade. Due to various problems that related with this system, people forced to change to the use of money as a medium of exchange. Discuss five problems that associated with barter system of trade. 7. Complete the following table by filling the gaps(blanks)
Unit of output (Q) | Fixed cost (FC) | Variable cost (VC) | Total cost (TC) | Average Fixed Cost MINISTRATION AND (AFC) | Average variable cost (AVC) |
0 | 50 | | 50 | | |
1 | 50 | | 130 | | |
2 | 50 | | 150 | | |
3 | 50 | | 170 | | |
4 | 50 | | 190 | | |
8. Business opportunities are created out of many sources one being studying human wants. As a commercial student, briefly show out five business opportunities that you may create basing on your society you live.
9. Imagine you have been invited to attend meeting with people who expects to start a small business few days to come. As an expert, explain to them five functions that performed by the Retailer.
SECTION C: Essay type (15 Marks)
10. Being employed in an organization will not make a person rich, but being a boss for you is a source of richness to many entrepreneurs. Briefly explain three (3) benefits and two (2) demerits of self-employment to the people of Tanzania.
FORM ONE COMMERCE EXAM SERIES 98
FORM ONE COMMERCE EXAM SERIES 98
THE PRESIDENT’S OFFICE MINISTRY OF EDUCATION, REGIONAL ADMINISTRATION AND LOCAL GOVERNMENT
COMMERCE MID TERM EXAMINATION
FORM ONE-MARCH/APRIL-2022
TIME: 2:30 HRS NAME:…………………………………………
INSTRUCTIONS
1. This paper consists of sections A, B, and C,
2. Answer ALL questions in each section
3. Read instructions on each question carefully
SECTION A: Multiple choices (20 marks)
1. For each of the following items (1-x) write the letter of the most correct answer in space provided. (i) Trade can be defined as
(ii) Barter trade means;
(iii) One of the following is not factor production.
(iv) Examples of extractive industry
(v) Other names for foreign trade is
(vi) Perishable goods are like
(vii) International trade grouped in
(viii) The purpose of production process is:
(ix) Aids to trade means;
(x) Labour as a factor of production is provided by ;
(1 marks @ total 10 marks )
Question | i | ii | iii | iv | v | Vi | vii | viii | ix | x |
Answer | | | | | | | | | | |
2. Match the items in list A with the response from list B by writing the letter of the corresponding response beside the item number in a space provided.
Group A | Group B |
i) Are necessary agents for production to take place ii) Is a collective term for all goods and commercial services bought from other country. iii) Performing only one activity either by hand or machine with the aim of increasing production. iv) The transmitting information, ideas and news, v) The ways through which goods flow from the centre of production to the area of consumption. vi) Expenses vii) The physical movement of people and goods from one place to another. viii) Food, clothes and shelter ix) Process of storing goods until they are need x) Process of keeping customers money and providing loans |
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List A | i | ii | iii | iv | v | Vi | vii | viii | ix | x |
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SECTION B: (40 MARKS)
Filling in blanks answer all questions
3. (a) Price paid for the use of land as a factor of production is ------------------------
(b) Mental or physical efforts of human beings directed to production process is known as --------------------
(c) A trade carried on between different countries ----------------------------------------
(d) A person who organize and start a business is----------------------------------------
(e) The restoring of a businessman to its position of original after he/she suffer losses -----------------------
(f) Informing the customers and public in large about business activities is known as -------------------------
(g) -------------------------------------------- is the ability of goods and services to satisfy human wants.
(h) An example of producer goods ----------------------- -------------------
(i) The one of the basic human wants is -----------------------------------
(j) The reward for entrepreneur is ………………………………………….
(1mark @ total 10 marks)
4. Define the following terms;
(a) Capital goods
(b) Non-durable consumer goods
(c) Fixed cost
(d) Aids to trade
(e) Commerce
(2 marks @ total 10 marks)
5. Write T for the true sentences and F for False sentences in front of a sentence
(i) Commerce involves, both trade and Aids to trade -----------------------------
(ii) Warehousing is grouped together with international trade -----------------
(iii) Barter trade is the old method of exchanging goods for goods --------------
(iv) Land is a gift of nature -----------------------------
(v) Import and export are parts of international trade -------------------------
(vi) Commerce is defined also as a study of trade and its Aids to trade -----------------
(vii) Variable costs decrease as output increases--------------------
(viii) Direct production is the making of goods for self-consumption -----------
(ix) Transportation is the physical movement of people and goods from one place to another-----------
(x) Communication is an art of passing information from one person to another---------------
(1 marks @ total 10 marks)
SECTION C: (40 marks) Answer ALL questions
6. Outline five importance of studying commerce subject in your life (10 marks)
7. In short explain six (6)dis advantages of batter trade (18 marks)
8. Draw a well lebelled diagram showing classification of production (22 marks)
FORM ONE COMMERCE EXAM SERIES 86
FORM ONE COMMERCE EXAM SERIES 86
THE MINISTRY OF EDUCATION AND LOCAL GOVERNMENT
FORM TWO MID TERM EXAMINATION- MARCH 2020
061 COMMERCE
Duration: 2:30 Hours
INSTRUCTIONS.
SECTION A (30 MARKS)
(i) Commerce is mainly dealing with
(a) Distribution of goods and services
(b) Production and consumption of goods and services
(c) Buying and selling of goods and services
(d) Exchange and distribution of goods and services
(ii) Which of the following is not included in the commerce flow chart
(a) Insurance (b)Ware housing (c)Production (d)Transportation
(iii) The exchange of goods and services is referred to as
(a) Aids to trade (b) Trade (c)Barter trade (d)Commerce
(iv) Which of the following statements represents the correct arrangement of the basic factors of production
(a) Land ,labour, capital and Entrepreneurship
(b) Labour, capital, entrepreneurship and labor
(c) Labour, land, capital and entrepreneurship
(d) Labour, capital, land and entrepreneurship
(a)
(v) Which of the following is not a nature of commerce?
(vi) Which of the following is an indirect service?
(vii) Ability of economic resource to satisfy human need is called?
(viii) A foregone satisfaction as a result of making a choice is called?.
(ix) Activities that facilitate trade are called?
(x) Which of the following is not a drawback of barter trade?
2. Match the items from list A with those in list B.
LIST A | LIST B |
(i) Tangible products. (ii) Resources provided freely by nature. (iii) Foregoing satisfaction as a result of making choice between two equally competing goods or services. (iv) Ability of good or service to satisfy human wants (v) Elements of commerce. |
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on the space provided.
(i) Wants refers to the quantity of commodities that consumers are willing and able to have at a time ……………..
(ii) Trade is basically categorized as home trade and foreign trade …………
(iii) Export trade deals with only selling goods to other countries …………….
(iv) Commerce is a branch of economics …………….
(v) The final user of a commodity is known as a retailer ………………
(vi) The exchange of goods to goods is referred to as barter trade ………….
(vii) Communication is an aid to trade that gives the public awareness of availability of given commodities on the market ……………..…..
(viii) Rent is the payment of land as a factor of production ……………….
(ix) Perishable goods are those goods that stay for a long period of time without getting exhausted ……………………
(x) Extractive industries are also referred as primary industries …………
SECTION B 30 Marks
4. Complete the following sentences by filling the blanks with correct words.
(i) The study which deals with allocation of scarce resources to satisfy needs and wants …………………..
(ii) Human needs which are not necessary for human survival are called………….
(iii) The ability of goods and services to satisfy human wants is refered to ………
(iv) ……………. Is the creation of utility
(v) Any Physical or mental efforts given for a certain work to be done…………
5. Write short notes on the following commercial terms
(i) Direct production ……………………………………………………………………….
…………………………………………………………………………………………….
(ii) Retail trade ……………………………………………………………………………….
……………………………………………………………………………………………….
(iii) Constructive industries ………………………………………………………………..
……………………………………………………………………………………………….
(iv) Goods ……………………………………………………………………………………..
……………………………………………………………………………………………….
(v) Commerce …………………………………………………………………………………
……………………………………………………………………………………………….
6. Define any five (5) auxiliaries to trade that you may know
(i) ……………………………………………………………………………………………….……………………………………………………………………………………………………
(ii) ……………………………………………………………………………………………….…………………………………………………………………………………………………….
(iii) ……………………………………………………………………………………………….…
…………………………………………………………………………………………………
(iv) …………………………………………………………………………………………………
……………………………………………………………………………………………….…
………………………………………………………………………………………………………………………………………………………………………………………………………..
7. Write short notes on the following terms.
a) Scarcity
b) Choice
c) Opportunity cost
d) Form utility
e) Time utility
8. (a) Describe the Aids to trade.
(b) Outline importance of Commerce in our daily life.
FORM ONE COMMERCE EXAM SERIES 4
FORM ONE COMMERCE EXAM SERIES 4