PRESIDENT OFFICE REGIONAL ADMINISTRATION
AND LOCAL GOVERNMENT
SECONDARY EXAMINATION SERIES
COMPETENCE BASED ASSESSMENT
COMMERCE FORM THREE
MID TERM EXAMS-AUG– 2023
Instructions
SECTION A (16 Marks)
Column A | Column B | |
| Letters, folders, reprints, or other material sent through the mails directly to prospective purchases is | A. marketing mix. |
| is a combination of marketing functions, including advertising, used to sell a product | B. Customer |
| brings the product to the attention of potential customers. | C. Account |
| allows the prospect to respond directly to the advertiser rather than going through a retailer or other middlemen. | D. Sales |
| The client of an advertising agency is called | E. Direct mail advertising |
| Emerges when people decide to satisfy and want through exchange. | F. Advertisement |
|
| G. Direct advertising. |
SECTION B (54 MARKS)
Answer all questions from this section
b) Wema and Grace were form four students, after session Wema asked for help from Graceabout major differences between NMB – Bank and BOT, but Grace couldn’t help her at all. Now briefly explain to them about their concern (provide any three points)
SECTION C (30 MARKS)
Answer only two questions from this section
Page 1 of 3
FORM THREE COMMERCE EXAM SERIES 150
FORM THREE COMMERCE EXAM SERIES 150
THE PRESIDENT’S OFFICE MINISTRY OF EDUCATION, REGIONAL ADMINISTRATION AND LOCAL GOVERNMENT
COMPETENCY BASED SECONDARY EXAMINATION SERIES
COMMERCE EXAM
FORM THREE- SEPT 2022
INSTRUCTIONS
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.
business
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 |
|
|
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 (Litres) |
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 professional 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)
FORM THREE COMMERCE EXAM SERIES 99
FORM THREE COMMERCE EXAM SERIES 99