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Business, Society And The Environment Question Paper

Business, Society And The Environment 

Course:Bachelor Of Environmental Studies (Science)

Institution: Kabarak University question papers

Exam Year:2008



Page 1 of 2
KABARAK UNIVERSITY
UNIVERSITY EXAMINATIONS
2008/2009 ACADEMIC YEAR
FOR THE DEGREE OF BACHELOR OF ENVIRONMENTAL
SCIENCE
COURSE CODE: ENVS 211
COURSE TITLE: BUSINESS, SOCIETY AND THE
ENVIRONMENT
STREAM: Y2S1
DAY: TUESDAY
TIME: 8.30 – 10.30 A.M.
DATE: 16/12/2008
INSTRUCTIONS TO CANDIDATES:
Answer All questions in Section A and Any TWO from Section B
PLEASE TURN OVER
Page 2 of 2
SECTION A (40 MKS)
1. Describe briefly each of the following terms:
(i) A business.
(ii) An e ntr epre neur. (4mks)
2. State any five of the aspects of the environmental crisis facing human kind. (5mks)
3. D escribe the freedoms associated private enterprise system. (10mks)
4. Describe with the aid of diagrams, the following terms: (9mks)
(a) Demand curve
(b) Supply curve
(c) Market/equilibrium price
5. Explain how do not-for-profit organizations raise revenue to meet their expenses?
(4mks)
6. D escribe the types of partners in a partnership. (4mks)
7. State and explain the factors that affect the size of a target market. (4mks)
SECTION B (30 MKS)
8. All businesses perform eight basic activities in transforming inputs into marketable
outputs. Discuss. (15 mks)
9. Economists identify four basic types of market structures, each characterized by the
degree of competition involved. Discuss this statement. (15 mks)
10. Discuss the major challenges facing business. (15 mks)






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