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For The Degree Of Bachelor Of Science In Entrepreneurship ( Entrepreneurial Venture Creation)D Question Paper

For The Degree Of Bachelor Of Science In Entrepreneurship ( Entrepreneurial Venture Creation)D 

Course:Bachelor Of Science In Entrepreneurship

Institution: Moi University question papers

Exam Year:2012



DATE: 4TH JULY, 2012
TIME: 9.00 A.M _ 12.00 NOON.
BSE 102: ENTREPRENEURIAL VENTURE CREATION.

INSTRUCTIONS TO CANDIDATES:ANSWER QUESTION ONE AND ANY OTHER THREE QUESTIONS.

QUESTION ONE (COMPULSORY)
a. Explain the implications of self employment to an entrepreneur.( 5marks)

b. Describe the internal and explain factors that could motivate an entrepreneur to start a new venture.(6marks)

c. Explain four advantages and disadvantages of self employment. (5marks)

d. Explain five sources of ideas to an entrepreneur.(5marks)

e. Explain four factors that could contribute to the business plan failure. (4marks)
QUESTION TWO
Discuss five major challenges and emerging issues that have impacted on the new venture creation in Kenya .(15marks)

QUESTION THREE
a. Describe five essential qualities that an entrepreneur should identify in a business opportunity.(5marks)

b. Discuss policy issues at the macro level that could hinder or facilitate new venture creation in Kenya. (10marks)

QUESTION FOUR
a. Explain the rewards and opportunities for entrepreneurial ventures. (9marks)

b. Explain three most common mistakes entrepreneurial firms make with respect to intellectual property rights. (6marks)

QUESTION FIVE

a. Entrepreneurs start enterprises on the basis of existence of opportunities. In light of this statement, explain why entrepreneurial ventures fail. (6marks)

b. Explain the elements of an effective organizational structure in entrepreneurial ventures. (5marks)

c. Identify the key components of a new venture team. (4marks)

QUESTION SIX

a. Explain why an enterprise should target a market. (3marks)

b. Justify the need for entrepreneurial finance in new ventures. (6marks)

c. Describe the fundamentals of entrepreneurial organizations. (6marks)

END.










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