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Entreprenuership And Small Business Management Question Paper

Entreprenuership And Small Business Management

Course:Bachelor Of Commerce

Institution: Kca University question papers

Exam Year:2011

UNIVERSITY EXAMINATIONS: 2010/2011
SECOND YEAR EXAMINATION FOR THE DEGREE OF BACHELOR OF
COMMERCE
CAM 206: ENTREPRENUERSHIP AND SMALL BUSINESS MANAGEMENT
(SUNDAY)
DATE: AUGUST 2011 TIME: 2 HOURS
INSTRUCTIONS: Answer question ONE and any other TWO questions
Question One
a) Explain five characteristics of a craft entrepreneur as stipulated by Norman Smith (5 Marks)
b) Explain the importance of a business plan to a small business (5 Marks)
c) Explain the reasons why people take into self employment (10 Marks)
d) Discuss five ethical issues faced by small and medium enterprises in Kenya (10 Marks)
Question Two
a) Evaluate the role of entrepreneurship in economic development in Kenya (10 Marks)
b) Explain five tools used in the analysis of final accounts (10 Marks)
Question Three
a) Discuss one of the following theories of entrepreneurship and evaluate its relevance in modern
entrepreneurship (10 Marks)
i) David Mc Cleland’s needs based model
ii) Max Weber’s protestant work ethic
2
b) Evaluate any two market entry wedges that an entrepreneur could use in a competitive market
(10 Marks)
Question Four
a) Assess the micro-credit environment in Kenya today (10 Marks)
b) Explain five product pricing strategies used by small and medium enterprises (10 Marks)
Question Five
a) Explain the four components of the Schwart quality cycle (10 Marks)
b) Discuss the steps followed in ethical decision making process in a business (10 Marks)

Entreprenuership And Small Business Management Question Paper

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