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Entrepreneurship Question Paper

Entrepreneurship

Course:Cpa Part I

Institution: Orbit School Of Management Studies question papers

Exam Year:2007

ENTREPRENEURSHIP
2007.

Answer any FIVE questions.

QUESTION ONE

a. Explain the role played by an entrepreneur in a business enterprise as a:

i. Resource mobilizer (4mks)

ii. Shareholder (3mks)

iii. Innovator (3mks)

b. Distinguish between business owners and entrepreneurs (10mks)

QUESTION TWO

a. Define the term "entrepreneurial opportunity" (2mks)

b. Describe the technological, political and sociocultural changes that generate entrepreneurial opportunities (18mks)

QUESTION THREE

a. Enumerate the benefits that accrue to an entrepreneur who carries out a market share analysis of a business venture. (10mks)

b. State and explain the functions of a public relations department in an organization (10mks)

QUESTION FOUR

a. Briefly explain the activities that an entrepreneur could undertake in order to institute a participatory style of management (10mks)

b. Describe business ethical issues that have negative effects on customers (10mks)

QUESTION FIVE

In relation to decision making process, write explanatory notes on the following:

a. Defensive avoidance (5mks)

b. Relaxed avoidance (5mks)

c. Programmed decisions (5mks)

d. Non-programmed decisions (5mks)

QUESTION SIX

a. In relation to communication, briefly explain the term "noise" (2mks)

b. Explain the following sets of terms:

i. Grapevine and management by wandering around (4mks)

ii. Horizontal and vertical communication (4mks)

c. With reference to a firm, discuss the five information technology based communication tools that could enhance internal and external communication (10mks)

QUESTION SEVEN

Discuss the various sources of finance available to business organizations (20mks)

QUESTION EIGHT

a. Explain the impact of HIV/AIDS on business enterprises (10mks)

b. List and describe ways in which taxation could affect new business ventures (10mks)

Entrepreneurship Question Paper

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