L4 Business Plan Development Paper PDF - 20/06/2022

BUSINESS DEVELOPMENT Date:20/06/2022 Period:02H00-05H00 PM END OF TERM III EXAMINATIONS GRADE: LEVEL FOUR (L4) TRADE: ALL DURATION: Three hours MARKS: …... /100 INSTRUCTIONS 1) Write your na...

BUSINESS DEVELOPMENT Date:20/06/2022 Period:02H00-05H00 PM END OF TERM III EXAMINATIONS GRADE: LEVEL FOUR (L4) TRADE: ALL DURATION: Three hours MARKS: …... /100 INSTRUCTIONS 1) Write your names and index number on the answer booklet as written on your registration form and DO NOT write your names and index number on additional answer sheets if provided. 2) Do not open this question paper until you are told to do so. 3) This paper consists of THREE sections: A, B and C. SECTION A: Answer ALL questions. (50 Marks) SECTION B: Answer any THREE questions. (30 Marks) SECTION C: Answer any TWO questions. (20 Marks) 4) Calculators may be used where necessary. 5) Show clearly all the working. No marks will be given for answers which do not have all working steps. 6) Use a blue or black pen RTQF Level 3 – Business Development --- Page 1 of 4 – Questions papers SECTION A. Answer ALL questions (50 Marks) 1.Define the following concepts: a) Business plan (2 Marks) b) Production plan (2 Marks) 2.With clear example on each, describe any two types of business environment. (4 Marks) 3.Match the elements of column A to their meaning in column (4 Marks) A B 1.Internal business A technique used to identify internal and external environment factors that are favorable and unfavorable to achieving business goals 2.Business A road map for future business growth and resources development 3.Business plan Factors within the business organization that influences its activities and performance 4.SWOT analysis Factors of production 4.Give any five sources of fund that can help you to start a business. (5 Marks) 5.Arrange any seven steps involved in business feasibility study. (7 Marks) 6.Differentiate business plan from project plan. (4 Marks) 7.Write any six elements of executive summary of the business. (6 Marks) 8. Detail any six strategies that you can use to present well your business plan to your audience. (6 Marks) 9. Summarise any benefits of a job description in a business plan. (4 Marks) 10. Demonstrate any six importance of monitoring and evaluation. (6 Marks) RTQF Level 3 – Business Development --- Page 2 of 4 – Questions papers SECTION B. Answer any THREE questions (30 Marks) 11.ASIFIWE FRANCOISE is a graduate student from a TVET school. She wishes to start an agro-business of growing and selling potatoes in Musanze. Support ASIFIWE to analyze the business idea using the following SWOT Chart after reading the following text: Asifiwe hopes to run the business if she starts by environment analysis.She is very courageous, self-confident, team manager, but she thinks she can be challenged buy recent pandemics, global economic challenges and Tanzania is going to supply to the competitive market the very good quality of potatoes. She is lucky but she doesn’t have skills in Agriculture, nor doesn’t she have enough money to start the business, but Bank of Kigali (BK) is offering loans to young entrepreneurs, also RDB is helping agro businessmen to find markets for their products. Internal environmental elements External environmental elements Strengths of Asifiwe: (3 Marks) Opportunities of Asifiwe: (2 Marks) ………………………………………… …………………………………………………… ………………………………………… …………………………………………………… ………………………………………… Weaknesses of Asifiwe: (2 Marks) Threats of Asifiwe: (3 Marks).………………………………………… ………………………………………………… …………………………………………. ………………………………………………… ………………………………………………… 12.Justify how the business plan is useful to the following stakeholders, a) Lenders (2 Marks) b) Entrepreneur (4 Marks) c) Government (2 Marks) d) Employees (2 Marks) 13.Arrange any ten elements of financial plan. (10 Marks) 14.Explain any five sources of funds for Start-up a business. (10 Marks) RTQF Level 3 – Business Development --- Page 3 of 4 – Questions papers SECTION C. Answer any TWO questions (20 Marks) 15.Summarise any five contents of business plan presentation. (10 Marks) 16. The following trial balance was taken from the books of Mr KARENZI at December 31, 2021. Closing stock at December 31,2021 is 10000Frw. Debit(Frw) Credit(Frw) Sales 63,000 Sales returns 5,000 Purchases returns 4,000 Carriage inwards 6,000 Carriages outwards 1,000 Rates 4,300 Insurances 12,000 Electricity 700 Opening stock 2,000 Purchases 42,000 Prepare the income statement (trading, profit and loss account) (10marks) 17. Compose what is PESTEL analysis. (10marks) END RTQF Level 3 – Business Development --- Page 4 of 4 – Questions papers