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Entrepreneurship Question Paper

Entrepreneurship

Course:Diploma In Business Management

Institution: Mount Kenya University question papers

Exam Year:2011

MOUNT KENYA UNIVERSITY
UNIVERSITY EXAMINATION 2011/2012
SCHOOL OF BUSINESS AND PUBLIC MANAGEMENT
DEPARTMENT OF MANAGEMENT
UNIT CODE: UCU 005
UNIT TITLE : ENTREPRENEURSHIP
DATE: NOVEMBER 2011 MAIN EXAM TIME: 2HRS
INSTRUCTIONS: ANSWER QUESTION ONE AND ANY OTHER TWO QUESTIONS
1. QUESTION ONE
a) Define the term entrepreneurship(2marks)
b) what are the role of an entrepreneur in economic development(8marks)
c) briefly discuss the significant differences venture and a small business(10marks)
d) distinguish the difference between entrepreneur and entrepreneurship(10marks)

2. QUESTION TWO
a) briefly discuss reasons for slow growth of entrepreneurship in a developing economy
b) define creativity. Discuss the stages that are involved in the creative process(10marks)

3. QUESTON THREE
a) What is business finance? Examine four purposes for which the business may need finance(10marks)
b) What is a business opportunity? Discuss four characteristics of a good business opportunity(10marks)

4. QUESTON FOUR
a) define a business plan (2marks)
b) explain six importance of using a business plan (6marks)
c) list four qualities of a business plan (4marks)
d) discuss the components of a business plan(8marks)

5. QUESTION FIVE
a. Discuss the potential sources of business opportunities (10marks)
b. discuss the process of creativity and innovation(10marks)

Entrepreneurship Question Paper

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