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Cfu 100 Business Studies-Day Question Paper

Cfu 100 Business Studies-Day

Course:Bachelor Of Commerce

Institution: Kca University question papers

Exam Year:2011

1
UNIVERSITY EXAMINATIONS: 2010/2011
FIRST YEAR EXAMINATION FOR THE DEGREE OF BACHELOR OF
COMMERCE
CFU 100 BUSINESS STUDIES-DAY
DATE: DECEMBER2011 TIME: 2 HOURS
INSTRUCTIONS: Answer Question One and Any Other Two Questions
Question One
The Kenyan business and financial sector has of late been hit by high inflation and depreciating
dollar. This has had serious implication on the cost of doing business and the cost of living in the
country.
i. Analyze the business systems that the country has adopted over the years and its
implications on the current state of affairs. [6 Marks]
ii. Discuss ways in which the government can intervene to restore confidence in the financial
sector. [8 Marks]
iii. Discuss FOUR objectives that the business enterprises can formulate to remain
competitive in such times [8 Marks]
iv. Discuss the skills managers need to steer their business out of the current problems being
experienced. [8 Marks]
2
Question Two
a) Discuss the major components of a business plan and briefly explain the importance of
each component to the success of the company. [10 Marks]
b) Ethical practices and principles are the cornerstone for a successful and sustained business
operation. Discuss ethical factors that influence business operations in Kenya. (10 Marks)
Question Three
Discuss with suitable examples the determinants of external and internal business environments
that greatly impact on the way a business exploits its resources and meet its objectives. (20 Marks)
Question Four
a) Human resource management can be regarded as to be both a science as well as an art. Discuss
[6 Marks]
b) Henri Fayol is often regarded as the father of modern management theory. Outline the
fourteen management principles he developed. [14 Marks]
Question Five
The business environment is undergoing tremendous changes with serious implications on
business performance, and calls for business managers to be keener in managing the conduct of
business.
a) Briefly discuss FOUR Key business pillars that these managers ought to recognize to
manage the changes that do take place. [8 Marks]
b) Discuss SIX principles that need to be put in place to support an effective board to conduct
the affairs of the business organization [12 Marks]

Cfu 100 Business Studies-Day Question Paper

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