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Student's Book Form Five

Revision exercise

1. In your opinion, how does consideration of the business environment contribute
to making informed business decisions? Provide examples from both local and
global contexts to support your arguments.
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2. Evaluate the influence of technological advancements on the economic
environment in Tanzania.

3. Discuss the importance of understanding the business environment in Tanzania.

4. Synthesize the key differences between the economic and political environments
in Tanzania and provide recommendations for businesses operating in this
context.

5. In your opinion, what are the essential qualities that aspiring entrepreneurs need
to succeed in the business start-up process? Provide examples of successful
entrepreneurs in Tanzania to support your arguments.

6. The majority of business start-ups encounter issues with stakeholder management,
particularly with suppliers and customers. Provide advice on how they can
improve stakeholder engagement strategies to build stronger relationships and
mitigate potential conflicts.

7. Use relevant examples to explain the contribution of business stakeholders to
the overall success of the business.

8. Analyse the role of employees as stakeholders in influencing organisational
culture and performance.
9. Explain how businesses can use communication channels to engage stakeholders

and convey their messages effectively.

Business Studies for Advanced Secondary Schools 14

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Business Studies FORM 5.indd 14
Business Studies FORM 5.indd 14 30/06/2024 19:02:29