LUKALU SECONDARY SCHOOL

S.5 END OF TERM THREE ENTREPRENEURSHIP EDUCATION 230/1 EXAMINATION 2019

INSTRUCTIONS

a) Section A is compulsory
b) Choose any four questions from section B
c) Use of relevant diagrams and illustrations will be given a credit.

SECTION A
1. a) (i) Define the term entrepreneurship
(ii) Give three characteristics of a successful entrepreneur
b) (i) Define the term innovation
(ii) Give three reasons that bring about innovation in business.
c) (i) Define the term entrepreneurial motivation
(ii) Give three factors that hinder entrepreneurial motivation
d) (i) Define the term negotiation
(ii) Give three principles of negotiation
e) (i) Define the term business ethics
(ii) Give three business ethics towards the customers
SECTION B
2. a) Explain the reasons why entrepreneurs need to generate business ideas
b) Explain the different sources of business ideas in your country
c) What are the factors that hinder the choice of business ideas?
3. a) Distinguish between formal and informal business
b) What are the advantages of small and medium enterprises?
c) What are the causes of the high rate of business failure in Uganda?
4. a) What is a sole proprietorship?
b) Explain the advantages of a sole proprietorship over a partnership
c) What are the disadvantages of a sole proprietorship?
5. a) Distinguish between gender and sex
b) Explain the barriers to women participation in entrepreneurship.
c) How has the government of Uganda done to address the barriers to women participation in
entrepreneurship?
6. a) What is a joint stock company?
b) Write about the following documents as used in the formation of companies,
(i) Memorandum of association
(ii) Articles of association
(iii) Certificate of incorporation
(iv) Certificate of trading
c) What are the advantages of joint stock companies?
End