Observation

The expected answers were:

• Business Management Skills Required to Succeed as an Entrepreneur in RTV and

Electronic Works

• Accounting practice
• Cost benefit analysis
• Purchasing method skills
• Business records keeping
• Telephone courtesy
• Daily/regular appearance at work
• Good customer relationship
• Neat/good appearance
• Punctuality at work

      (b)(i) Methods of keeping business records

- Accounting ledger
- repair order form
- Inventory sheet   
- purchase order form                  

(ii) Sources of Capital for financing RTV and Electronic Works

• Commercial/Merchant/Lending Banks (loan)
• Co-operative and Credit unions (loan, credit)
• Personal savings
• Friends and Relatives (loan, gift, inheritance)
• Finance companies (loan)
• Grants from Government/Agencies/Organizations
• Insurance companies (loan)
• Sale of assets  (income)

The question was on Entrepreneur in Radio, Television and Electronic Works. It was well answered by candidates.