Page 33 - BUSINESS STUDIES FORM 5

Student's Book Form Five

opportunities through regulating international trade fairs,
creating platforms to showcase their products, expand
their markets, and explore new business opportunities
internationally.
FOR ONLINE READING ONLY
5. Medium-sized businesses owners can leverage the
support provided by the Small Industries Development
Organization (SIDO) to enhance the enterprise’s growth and
competitiveness by accessing infrastructure, technology, and
skills development.
6. Small Industries Development Organisation (SIDO) has
provided access to infrastructure, technology, or skills
development to medium-sized business. SIDO also
collaborates closely with some government agencies and
international donors including Tanzania Bureau of Standards
(TBS), Swedish International Development Cooperation
Agency (SIDA), and the World Bank (WB) to execute
various programs that fosters innovation and technology
transfer among the medium-sized businesses.
7. The role played by the Fair Competition Commission
(FCC) in ensuring fair and competitive market practices for
medium-sized businesses in Tanzania is explained in the
student’s textbook.
8. Guide the students in manageable groups to address market
challenges and ensure fair competition in collaboration with
the Fair Competition Commission (FCC).
9. Medium-sized businesses benefit from the investment
policies and incentives offered by the Tanzania government
through various measures employed to support them. Those
measures are tax incentives, investment guarantees, and
preferential treatment for investors.
10. The key challenges that medium-sized businesses face in
accessing finance are high interest rates charged by financial
institutions, insufficient collateral or security, bureaucracy in

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