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Diploma 1 In Business Administration Entrepreneurship Education Cat 1 Question Paper

Diploma 1 In Business Administration Entrepreneurship Education Cat 1

Course:Diploma In Business Administration

Institution: Machakos University question papers

Exam Year:2007

Time: 1 1/2 Hours

1 (a) Differentiate between an entrepreneur and entrepreneurship.(4 Marks)
(b) State and explain the two types of entrepreneurs. (6 Marks)
(c) List down seven characteristics of a good entrepreneur. (7 Marks)
(d) Give three reasons why people become dissatisfied with formal employment.(3 Marks)

2 (a) Enumerate the various roles that are played by an entrepreneur. (7 Marks)
(b)List down three forms of business ownership.(3 Marks)
(c) For each of the terms of ownership listed above, give two disadvantages and two advantages of each. (10 Marks)

3 (a)Outline how an entrepreneur contributes to National Development. (8 Marks)
(b) Discuss the following terms in relation to good leadership.
i) Fraud
ii) Customer relations (8 Marks)

(c) Name four types of partners that can be found in a limited partnership or company.(4 Marks)

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