Page 20 - BUSINESS STUDIES FORM 5

Student's Book Form Five

Present
Groups share the means which could be used to re-establish and
sustain business operations.
FOR ONLINE READING ONLY
Conclude
Engage students in reflection and share feedback.

Assign tasks/projects
Direct every student to write down the suggested means for
re-establishing and ensuring the sustainability of any business.

Project activity
(a) Guide every student to search for different case studies of
successful and unsuccessful franchises in Tanzania.
(b) Guide the students to analyse the identified case studies, and
write a report on the key factors that contributed to the success
or failure.

Possible answers for Revision Exercise

1. Categories of SME in Tanzania are explained in the student’s
textbook.

2. Limited liability company is an entity where there is legal
protection of personal assets for business owners as the
personal assets are separate from business debts. In an
unlimited liability company the owners of the business are
individually responsible for the debts of the company. In case
the unlimited liability company defaults to repay the loan, the
owner’s assets can be used to compensate the company debts
and obligations. Additionally, the limited liability company is
advantageous to the owners compared to unlimited liability
company as their personal assets are protected.

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