P230/1
ENTREPRENEURSHIP
EDUCATION
PAPER 1
JULY/AUGUST 2025
3HOURS
ELITE EXAMINATION BUREAU MOCK 2025
Uganda Advanced Certificate of Education
ENTREPRENEURSHIP EDUCATION
Paper 1
3hours
INSTRUCTIONS 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: (20 MARKS)
(Answer all questions in this section)
1. a) i) Define a financial plan. (1marks)
ii) Mention the various components of a financial plan. (2 marks)
b) Mention the various components of the theory of change. (4marks)
c) (i) Mention the traits of a good business opportunity. (2 marks)
(ii) Outline the components of technical feasibility study. (2marks)
d) i) What is meant by the term “entrepreneurial motivation”? (1mark)
ii) Mention the behaviourial features that are associated with strong need for
achievement. (3 marks)
e) i) Distinguish between equity financing and debt financing. (2 marks)
ii) Mention the various instruments of debt financing. (2 marks)
SECTION B: (80 MARKS)
2. a) Explain the factors that affect women participation in entrepreneurship.(12 marks)
b) What are the limitations to women participation in business? (8 marks)
3. a) Describe the process of recruiting workers in an enterprise. (8 marks)
b) Explain the factors considered when recruiting workers in an organization.
(12 marks)
4. a) Explain the global factors that influence entrepreneurial attitudes and opportunities
(12 marks)
b) What are the strategies that can be laid to improve entrepreneurial attitudes and
opportunities in an economy? (8 marks)
5. a) Describe the rational for monitoring business activities (6 marks)
b) Explain the tools used in monitoring business activities. (14 marks)
6. a) Distinguish between social enterprises and business enterprises. (10 marks)
b) What are the features of social entrepreneurs? (10 marks)
7. a) Explain the factors that determine the target population of a business (10 marks)
b) Describe the tools for effective marketing strategy of an enterprise. (10 marks)
END
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