Page 43 - Bisiness Studies_Form_3
P. 43

Business Studies for Secondary Schools



           (a)   Using     library    resources,     Policies that promote small businesses
                 reputable websites, government      Policies  are formal  sets of rules and
                 portals, and resourceful people     actions  created  by  governments  or
                 or sources, find government and     organisations  to guide decisions and
                 non-government agencies likely      achieve desired outcomes within diverse
        FOR ONLINE READING ONLY
                 to  govern  and  support  those     sectors.  They  are  established to create
                 specific  types  of  businesses,    an enabling environment to facilitate the
                 and  in  each  identified  agency,   growth and sustainability  of businesses.
                 identify  its roles, services,      This  is because  policies streamline
                 and  any  specific  regulations  it   business operations and facilitate access
                 enforces.                           to essential resources by aligning
                                                     regulatory  frameworks, incentives,  and
           (b)     Visit  each  identified  business   support programmes with the needs and
                 and conduct interviews with the     aspirations of businesses. The following
                 owner.  Your interview  should      are some policies implemented by the
                 focus on identifying the agencies   government to support the establishment
                 that govern or support their        and operation of small businesses within
                 operations, how the agencies        Tanzania Mainland and Zanzibar:
                 contribute  to their business’s
                 success, and what challenges        National  Microfinance  Policy  (2017):
                 they face in accessing  support     This  policy  aims  to  increase  financial
                 from  these  agencies.  You  may    services for micro and small enterprises
                 also try to speak to officials of   in rural and urban areas and promote the
                 the  agencies  that  support their   development of sustainable microfinance
                 business operations  directly or    institutions.
                 by calling those agencies.
                                                     SME  Development  Policy  (2003)  of
           (c)   Analyse     the    information      Tanzania: The policy aims to stimulate
                 gathered from your visit and        SME development and growth through
                 write a report identifying          improved legal and institutional framework,
                 the  agencies  that  govern  or     enhancement of services provision, and
                 support their operation, the        improvement of infrastructure. Generally,
                 most  effective  agencies  that     this policy intends to create an enabling
                 support their business, common      environment for businesses to prosper in
                 challenges faced by similar         the country through improving access to
                 businesses in accessing support,    finance, markets, technology, and business
                 and  recommendations  that  can     development services.
                 improve the support system for
                 similar small businesses.



                                                  35                 Student’s Book Form Three
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