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P230/1
ENTREPRENEURSHIP
EDUCATION
Paper 1
Aug./Sept.2025
3 hours
MATIGO EXAMINATIONS BOARD
Uganda Advanced Certificate of Education
ENTREPRENURSHIP EDUCATION
Paper 1
3 hours
INSTRCUCTIONS TO CANDIDATES:
This paper consists of two sections: A and B.
Answer five questions.
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.
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SECTION A
Answer all questions in this section
1. (a) What should an entrepreneur depends on when choosing a
risky alternative? (04marks)
(b) (i) Define the term social cultural environment as used in
entrepreneurship. (01marks)
(ii) Mention any three strategies of improving social cultural
environment. (03marks)
(c) (i) Distinguish between quality policy and quality planning.
(02marks)
(ii) Give any two factors that influence quality standards in an enterprise.
(02marks)
(d) (i) Mention two control measures that can be put in piece for
effective time management. (02marks)
(ii) How do people waste during business operation? (04marks)
(e) (i) Distinguish between equity financing and debt financing as
used in capital markets. (02 marks)
SECTION B
Answer any four questions from this section
2. (a) Describe the steps involved in becoming asocial entrepreneur.
(08marks)
(b) What is the importance of social entrepreneur (12 marks)
3. (a) Explain the factors that promote gender partnership. (10marks)
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(b) What major factors hinder women participation in entrepreneurship?
(10marks)
4. (a) Describe the components of the executive summary in business
planning. (10marks)
(b) Explain the rationale for monitoring business activities. (10marks)
5. (a) Describe the different forms of employee training. (08marks)
(b) Explain the aspects considered when preparing orientation of new
employees. (12marks)
6. (a) Describe the elements of tax compliance that should be observed by
entrepreneurs. (06marks)
(b) Assess the factors that influence tax compliance among entrepreneurs
in Uganda (14marks)
7. (a) Examine the factors that are considered by entrepreneurs when
analysing competition (10marks)
(b) Explain the effects of competition in business (10marks)
END
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