Student’s Assessment Number: __________________________________________

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

DAR ES SALAAM REGION

FORM TWO REGIONAL MOCK ASSESSMENT

065 BUSINESS STUDIES

(For Both School and Private Candidates)

TIME: 2:30 HOURS   Monday 24^th August 2026 P.M

INSTRUCTIONS

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

FOR ASSESSOR’S USE ONLY
QUESTION NUMBER	SCORE	ASSESSOR’S INITIALS
1
2
3
4
5
6
7
8
9
10
TOTAL
CHECKERS INITIAL

SECTION A (15 Marks)

Answer all questions in this section.

1. For each of the following item (i) – (x), choose the most correct answer from among the given alternatives and writes it’s letter beside the item number.

(i) Which term is used to describe physical commodities that are tangible and visible?

1. Service
2. Need
3. Good
4. Wants

(ii) Lucy owns a soft drinks business. What form of business unit is this?

1. Sole proprietorship
2. Company
3. Limited liability partnership
4. Partnership

(iii) Imagine your father deals with moving goods and services from the area where they are produced to where they are needed for consumption. Which business process is this among the following?

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

(iv) One of the following is considered a warehouse that stores imported goods waiting for customs clearance:

1. Public warehouse
2. Bonded warehouse
3. Private warehouse
4. Distribution centre

(v) Gezaulole primary school of decided to buy school bus, then advertisement require a worker with a knowledge of driving vehicle skills, What type of worker are they looking for-:

1. Semi skilled labour
2. Unskilled labour
3. Skilled labour
4. Labour

(vi) In a sole proprietorship profits are:-

1. Shared among workers
2. Given to employee
3. Taken by owners
4. Paid to government

(vii) Mr. Joel’s business earned Tsh. 200,000 from sales while he used 20,000 to run a business. What was Mr. Joel’s profit or loss?

1. -220,000
2. 202,000
3. -180,000
4. 180,000

(viii) Neema loves to cook food, she opened a small restaurant in her village. Why did she do this?

1. Opportunity
2. Profit
3. Passion
4. Unmet needs

(ix) A refrigerator used to make ice-cream is refer as:-

1. Economic good
2. Perishable good
3. Merit good
4. Producer good

(x) The following are the type of entrepreneurship except:

1. Social entrepreneurship
2. General entrepreneurship
3. Business entrepreneurship
4. Corporate entrepreneurship

ANSWER

(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 besides the corresponding items number in the table provided.

LIST A	LIST B
It is one of the factors of production that lacks mobility  Are essential inputs that are used in production process  Factors of production that organize other factors of production Physical and mental efforts in production Type of production that deals with the creation of goods and service for selling	Land, labour and capital Labour Entrepreneurship Factors of production Direct production Indirect production Land

ANSWER

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

SECTION B (40 marks)

Answer all question in this section.

3. Briefly explain five (5) component which form business studies.

4. Small businesses need a place to store their inventories for smooth operation of a business. Explain five (5) importances of warehouse.

5. Explain five (5) importance a student will get after studying business studies.

6. Mwanahawa started business on 1 May 2023 with a capital of TZS 200,000 in cash.

Date	Transaction	Amount (TZS)
May 1	Started business with capital in cash	200,000
May 2	Bought good in cash	100,000
May 3	Bought furniture	20,000
May 4	Sold goods in cash	50,000
May 5	Paid advertising charges in cash	5,000
May 8	Cash sales	120,000

• Required: Record the above transactions in the cash book and brought down to balance.

SECTION C (45 Marks)

Answer all question

7. Abuu is a form four student who want to start bricks making workshop after final examination in October 2026, but does not know where and how he can find a start up capital. By using this case study, explain ways which can be used by Abuu to raise fund to start his desired business. (5 points)

8. You have been invited in business club in your school to talk about entrepreneurship. Provide in brief the skills that an entrepreneur should possess. (six point)

9. Mr. Hamis is a medical doctor who set up a clinic in a distant rural centre. The business was closed after eight months. As a form II student what do you think are the possible reasons for the close of the business. (six (6) points)

Student’s Assessment Number: _______________________

TANZANIA HEADS OF ISLAMIC SCHOOLS COUNCIL, FORM TWO INTER ISLAMIC MOCK ASSESSMENT

065 BUSINESS STUDIES

TIME: 2:30 Hours     Tuesday, 04^th August 2026 p.m.

INSTRUCTIONS

1. This paper consists of sections A, B and C with a total of nine (09) 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 forty-five (45) marks.
4. All writings must be in blue or black ink, except drawings, which must be in pencil.
5. Communication devices and any unauthorised materials are not allowed in the assessment room.
6. Write your Assessment Number at the top right corner of every page of this paper.

FOR ASSESSOR’S USE ONLY

QUESTION NUMBER	SCORE	ASSESSOR’S INITIALS
1
2
3
4
5
6
7
8
9
TOTAL
CHECKER’S INITIALS

SECTION A (15 Marks)

Answer all questions in this section.

1. For each of the items (i) – (x), choose the correct answer from among the given alternatives and write its letter beside the item number in the table provided below.

(i) Assume you decided to engage in economic activity that deals with producing or buying and selling goods and services for profit. How can you term that activity?

1. Trade
2. Commerce
3. Business
4. Agriculture

(ii) Form two students were given options to choose between science and business subjects. Amina decided to choose science. What is the opportunity cost in this scenario?

1. Science subjects
2. Business subjects
3. Both science and business subjects
4. Amina’s decision

(iii) Suppose Asma is among the citizens who provide innovative solutions to community problems, such as food and environmental problems. How can we describe this type of entrepreneurship?

1. Social
2. International
3. Business
4. Entrepreneurship

(iv) Your friend Aziza started a business a year ago. Her business failed several times, but she never gave up. What entrepreneurship characteristic is demonstrated by her?

1. Creativity
2. Risk taking
3. Need achievement
4. Perseverance

(v) Halima and Hamida want to start their own business and achieve their own personal successes rather than doing it together. Which among the following does not reflect their decision?

1. Profit sharing
2. Easy to form
3. Interest
4. Easy to supervise

(vi) If you own a business and want to reward the resources used in production, which payment method would rank last among them?

1. Profit
2. Rent
3. Interest
4. Wages

(vii) As a business owner, you decided to set goals for your business and describe the ways to achieve them. Which management function did you perform?

1. Organizing
2. Statting
3. Planning
4. Controlling

(viii) Kassim bought a set of televisions from Lampard Electronics in Kariakoo. The seller allows the buyer to take possession of the property and receive payment after a few months. What kind of transaction was performed in this case?

1. Borrowing
2. Hire purchase
3. Deferred payment
4. Cash payment

(ix) Njango wakes up early to prepare Mandazi for her children before they go to school. Which production type clearly defines her routines?

1. Indirect production
2. Consumption
3. Distribution
4. Direct production

(x) According to McClellant, a person acquires three types of needs through life experience. Which of the following, according to him, are correct needs?

1. Achievement, power and affection
2. Achievement, power and ritualist
3. Achievement, power and affiliation
4. Achievement, innovation and affiliation

(i)	(ii)	(iii)	(iv)	(v)	(vi)	(vii)	(viii)	(ix)	(x)

2. Match the explanations of the types of goods in COLUMN A with the type of goods from COLUMN B by writing the letter of the correct response beside the item number in the table provided below.

COLUMN A	COLUMN B
Available for consumption by anyone without any cost Consists of items which are essential to the community These are produced for direct consumption, such as vegetables and television Consists of tools such as machinery, equipment and finance Available for consumption only after being bought	Capital Free Consumer Merit Economic Durable Public

SECTION B (40 Marks)

Answer all questions in this section.

3. Assume you are invited to speak to the new Form One students about the benefits of studying business in their daily lives. Describe five (5) points that you will present to them.

4. Running a sole proprietorship comes with various difficulties. Briefly provide five (5) ways to solve them:

5. During the classroom discussion, Amina had difficulty understanding some terminology. She presented them to you on a piece of paper for help. How will you help her? Use examples.

1. Sole proprietorship
2. Services
3. Unlimited liability
4. Scarcity
5. Resources

6. Mwaipaja is a shopkeeper who conducts most of his transactions on credit. He usually records all the transactions in a notebook. He has approached you for assistance in organizing his records. Using the provided information, prepare separate daybooks.

Date	Traders	Transaction
2 February	Msami suppliers	Bought 25 boxes of Jamaa soap @ 2,500/= Bought 20 packets of Nice detergent soap @ 800/=
4 February	Mkami & Sons	Sold 5 packets of sausage @ 16,000/=
6 February	Aslay Mihogo	Sold 3 cans of tomato source @ 10,000/= Sold 6 rolls of aluminium foil @ 5,000/=
7 February	Singida Oil	Bought 25 cans of sunflower oil @ 20,000/=
9 February	Toghabe mills	Bought 20 bags of 25kg maize flour @ 32,000/=
9 February	Pizza point	Sold 3 cartons of Afya berry @ 6,500/=

SECTION C (45 Marks)

Answer all questions in this section.

7. Form two students started a business of producing liquid soap at their school. They reached a point where they needed additional funds to continue with their business. What are the six (6) possible ways they can use to finance it?

8. A dispute arose between the residents of Mkenge village and their leaders after a plot of land set aside for a football field was proposed for a cashew nut storage facility. Based on the case study, explain six (6) ways the villages could benefit if they accept the proposal.

9. Your father promised you that, after completing form four, he would give you a capital of TZS 10 million to start your own business. He only wants you to bring a good and profitable business idea. Describe six (6) ways that you will use to get those ideas.

THE CATHOLIC DIOCESE OF TANGA, TANGA CATHOLIC SECONDARY SCHOOLS UNION (TACASSU)

FORM TWO JOINT PRE-NATIONAL ASSESSMENT 1

065 BUSINESS STUDIES

Time: 2½ Hours 2026

INSTRUCTIONS

1. This paper consists of section A, B and C with a total of nine questions.
2. Answer all questions.
3. All answers must be written in the answer sheet provided.
4. All communication devices, calculators and any unauthorized materials are not allowed in the examination room.
5. Write your assessment number at the top right corner of every page.

FOR ASSESSORS' USE ONLY

QUESTION NUMBER	SCORE	ASSESSORS’ INITIALS
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
TOTAL

SECTION A (15 MARKS)

1. Choose the most correct answer among the given alternatives: (10 marks, 1 mark each)

(i) A Form One student observes that a shop buys goods from wholesalers and sells them to consumers in order to earn income. This activity is best described as:

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

(ii) A person who owns and controls a business alone and takes responsibility for its operations is operating a:

1. Partnership
2. Sole proprietorship
3. Cooperative society
4. Public corporation

(iii) A student wants to start a small business selling school stationery. Before starting, she studies the needs of students and the availability of similar shops in the area. Which business activity is she undertaking?

1. Identifying a business opportunity
2. Preparing a bank reconciliation
3. Managing warehouse stock
4. Calculating government expenditure

(iv) Among of the following is not group of characteristics of entrepreneurship:

1. Need for achievement
2. Perseverance and autonomy
3. Vision and passion
4. Networking and distribution

(v) The desire to know or to learn through investigation and inquiry:

1. Vision
2. Curiosity
3. Networking
4. Perseverance

(vi) One among of the following is a feature of land as a factor of production:

1. It is manufactured
2. It is most mobile factor
3. It lacks mobility
4. Ability to organise other factor of production

(vii) The business owner may hire some experts for help in various business issue when a need arises is called:

1. Contractual hiring
2. BRELA
3. Expansion of the business
4. Consumer

(viii) The agreement between buyer and seller in which the buyer can pay for goods and service letter:

1. Deferred payment
2. Loan
3. Capital
4. Personal serving

(ix) A cash book is the financial book that records all……………. that related to purchases and sales in a business:

1. Cash transaction
2. Production
3. Deferred payment
4. Economic issues

(x) Mr. Zuberi always ensure that, in the business goods are always sufficient without holding more or less stock than the required quantities. These activities done by Zuberi is called:

1. Stock checking
2. Issuing of stock
3. Stock administration
4. Stock calculation

Answers:

(i)	(ii)	(iii)	(iv)	(v)	(vi)	(vii)	(viii)	(ix)	(x)

2. Match the items from Group A with those in Group B. (5 marks, 1 mark each)

GROUP A	GROUP B
A person who starts and manages a business Activities involved in buying and selling goods and services A business owned and controlled by one person A favourable chance to start or improve a business Money kept aside for future use	Business Sole proprietor Entrepreneur Business opportunity Savings Commerce Business Studies Partnership

Answers:

(i)	(ii)	(iii)	(iv)	(v)

SECTION B (40 MARKS)

3. Small-sized businesses require adequate financing to start and operate effectively. Answer the following questions:

1. What is meant by financing a small-sized business?
2. State four sources of funds that can be used to finance a small-sized business. (4 marks)
3. Explain two reasons why adequate financing is important to a small-sized business. (4 marks)

4. What do you understand by the term personal selling? State four advantages of personal selling.

5. Apart from Inventory stock book, warehouse and inventory management should have another document for the inventory; mention and explain five of them:

6. Why entrepreneurship is beneficial to a local economy? Give five points.

SECTION C (45 MARKS)

7. A Form Two student, Asha, wants to establish a small business selling stationery near her school. She has decided to operate the business as a sole proprietorship. Before starting, she asks you to advise her about this form of business ownership.

1. Explain what is meant by sole proprietorship.
2. Explain four advantages of operating a sole proprietorship.
3. Explain two challenges Asha may face when operating the sole proprietorship.

8. Seypalm runs a small business selling school stationery. During one month, he recorded the following transactions:

• Sales revenue: TSh 600,000
• Cost of goods sold: TSh 380,000
• Transport expenses: TSh 40,000
• Rent: TSh 50,000
• Other operating expenses: TSh 30,000

(a) Calculate the gross profit of the business.

(b) Calculate the net profit of the business.

(c) State two reasons why calculating profit and loss is important to a small business owner.

9. Asha owns a small stationery business. At the beginning of the month, she estimates that she will receive TSh 800,000 from sales and spend TSh 650,000 on stock, transport, rent and other business expenses.

1. What is meant by a business budget?
2. State four importance of preparing a budget for a small business.
3.  Mention two problems that may arise when a business does not control its expenditure according to the budget.

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.