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Sit 107: Introductiset 308: Entrepreneurship For Engineers Question Paper

Sit 107: Introductiset 308: Entrepreneurship For Engineers 

Course:Bachelor Of Science General

Institution: Kenyatta University question papers

Exam Year:2008



KENYATTA UNIVERSITY
UNIVERSITY EXAMINATIONS 2007/2008
INSTITUTE OF OPEN LEARNING
SPECIAL/SUPPLEMENTARY EXAMINATION FOR THE DEGREE OF
BACHELOR OF SCIENCE
SET 308: ENTREPRENEURSHIP FOR ENGINEERS
DATE: Wednesday 8th October, 2008 TIME: 3.00 p.m. – 5.00 p.m.
INSTRUCTIONS
Question one – (20 marks)
a) i) Discuss the contribution of small business in the Kenyan economy.
[10 marks]
ii) Explain what is shown by the studies of David C. Maclelland regarding an
entrepreneur’s need for achievement. [4 marks]
b) Explain any three pricing strategies for launching new product to the market.
[6 marks]
Question two – (20 marks)
Entrepreneurs are born not made. Discuss this statement. [20 marks]
Question three – (20 marks)
a) Discuss the major aspects of management that should be addressed in developing
a comprehensive management segment of the business plan. [10 marks]
b) Briefly device an appropriate entrepreneurship policy to promote small enterprise
development in Kenya. [10 marks]
Question four – (20 marks)
a) Describe each of the three financial statements that are mandatory for the
financial segment of a business plan indicating the relevance of each.
[10 marks]
2
b) Discuss four important factors that one needs to consider when going into a business. [10 marks]
Question five – (20 marks)
a) Explain the concept of internal locus of control and is significance for entrepreneurship. [5 marks]
b) Briefly describe the major components to be covered in a business plan.
[15 marks]
………………..






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