S.6 Ent. P230 Uneb Questions (1) Caltec S.6

P230/1 ENTREPRENEURSHIP EDUCATION Paper 1 Nov/Dec 2015 3 hours UGANDA NATIONAL EXAMINATIONS BOARD Uganda Advanced Certificate of Education INSTRUCTIONS TO CANDIDATES This paper consists of two sections; A and B. Answer five questions only. Section A is compulsory. Answers to this section should be precise. Answer four questions from section B. Credit will be given for use of relevant diagrams and illustrations. Any additional question(s) answered will not be marked. SECTION A (20 MARKS) Answer all questions in this section (a) (i) Distinguish between an entrepreneur and an entrepreneur. (ii) Mention any two management skills of an entrepreneur. (i) State the purpose of an insurance policy to an entrepreneur. (ii) Under what three circumstances may an insurance policy be terminated? (i) What is a distribution channel as an element of the marketing mix? (ii) Mention any three types of distribution channels used by entrepreneurs in Uganda. Identify any four competencies that should be displayed by an applicant during an interview. (i) What are debt instruments in relation to capital markets? (ii) List any three examples of debt instruments used in capital markets in Uganda. SECTION B (80 MARKS) (a) Explain the services offered by the different support organizations to entrepreneurs in Uganda. Examine the demographic factors that influence entrepreneurs’ business opportunities in Uganda. (a) Describe the characteristics of a good business opportunity. Why is it necessary for an entrepreneur to conduct a financial feasibility study after identifying a business opportunity (a) Explain the various strategies used by entrepreneurs to maintain consumer acceptance and loyalty in Uganda. Assess the impact of competition in entrepreneurship. (a) Explain the importance of an action plan to an entrepreneur. What challenges are faced by entrepreneurs when implementing business plans? (a) Describe the different types of indirect taxes paid by entrepreneurs in Uganda. How does the …