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Entrepreneurship And Small Business Management Question Paper

Entrepreneurship And Small Business Management 

Course:Bachelor Of Commerce

Institution: Kenyatta University question papers

Exam Year:2009



KENYATTA UNIVERSITY
UNIVERSITY EXAMINATIONS 2008/2009
SECOND SEMESTER EXAMINATION FOR THE DEGREE OF BACHELOR
OF COMMERCE
BBA 310: ENTREPRENEURSHIP AND SMALL BUSINESS MANAGEMENT

DATE: Tuesday 8th September, 2009 TIME: 8.00 a.m. – 10.00 a.m.

INSTRUCTIONS
Question one is compulsory. Answer two more questions.

Q1.
a)
Distinguish between an entrepreneur and a small business owner.
[4 marks]
b)
Explain four fundamental differences that distinguish a small firm from a
large firm.
[20 marks]
c)
Discuss the two main categories of small firms.
[6 marks]

Q2.
With appropriate practical examples, explain both the major and minor entry
wedges available to a start up enterprise.
[20 marks]

Q3.
Explain the following business growth stages, illustrating the key concerns of the
entrepreneur in each of them:
a)
Existence
b)
Survival
c)
Success
d)
Take off
e)
Maturity
[20 marks]

Q4.
a) What is “entrepreneurial finance”? [4 marks]
b)
Discuss four key sources of entrepreneurial finance available to a small
enterprise. [16 marks]




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