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Student's Book Form Five

12. The Tanzania Private Sector Foundation (TPSF) is the voice of the private sector
and the umbrella body for private sector associations and corporate bodies in
all sectors of the economy, including trade associations in Tanzania.

13. Policies are guidelines, regulations, and measures established by governments
or organisations to guide decision-making and achieve specific objectives in
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various sectors.
14. Policies play a significant role in promoting business enterprises by creating
an enabling environment, addressing market failures, facilitating access to
resources, stimulating economic growth and development, and ensuring social
and environmental responsibility.

15. Some of the policies which promote medium-sized businesses include investment
policies and industrial policies. These policies encompass a range of measures,
including tax incentives, investment guarantees, and preferential treatment for
investors.

Revision exercise

1. Analyse the role of government agencies as stakeholders in regulating businesses
in Tanzania.

2. Suppose you are a medium-sized business owner in Tanzania, how can you
benefit from the services provided by the Tanzania Investment Centre (TIC)?
3. What tax obligations are medium-sized businesses subject to in Tanzania
and how does the Tanzania Revenue Authority (TRA) or Zanzibar Revenue
Authority (ZRA) assist in fulfilling those obligations?
4. In which ways does the Tanzania Trade Development Authority (TanTrade)
support medium-sized businesses in accessing markets and export opportunities?

5. How can one leverage the support provided by the Small Industries Development
Organisation (SIDO) to enhance the enterprise’s growth and competitiveness?

6. Discuss the role of the Small Industries Development Organisation (SIDO) in
fostering innovation and technology transfer among medium-sized businesses.
7. Discuss the role played by the Fair Competition Commission (FCC) in ensuring
fair and competitive market practices for medium-sized businesses in Tanzania.

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