Get premium membership and access revision papers, questions with answers as well as video lessons.

Entrepreneurship Question Paper

Entrepreneurship

Course:Bachelor Of Science In Information Technology

Institution: Kca University question papers

Exam Year:2010

UNIVERSITY EXAMINATIONS: 2009/2010
THIRD YEAR EXAMINATION FOR THE DEGREE OF BACHELOR OF
SCIENCE IN INFORMATION TECHNOLOGY
BIT 2306: ENTREPRENEURSHIP
DATE: APRIL 2010 TIME: 2 HOURS
INSTRUCTIONS: Answer Question ONE and any other TWO questions
QUESTIONS ONE
a) Using relevant examples, explain the importance of technical feasibility to a business idea
(5 Marks)
b) Explain any five benefits of a business plan (5 Marks)
c) Discuss five important roles of a budget in an enterprise (5 Marks)
d) Explain any five environmental concerns to today’s enterprises (10 Marks)
e) Schumpeter’s definition of entrepreneurship has placed a lot of emphasis on innovation. Highlight any five forms of innovation as outlined by Schumpeter. (5 Marks)
QUESTION TWO
a) Explain five major challenges faced by entrepreneurs when it comes to employee management
with suggestions of how each of these challenges can be managed. (10 Marks)
b) Discuss any five factors an entrepreneur should consider while designing a product (10 Marks)
QUESTION THREE
Differentiate between the following pairs of concepts
i. Invention and innovation (4 Marks)
ii. Informal and formal businesses (4 Marks)
iii. Trademark and a patent (4 Marks)
iv. Job Production and batch production (4 Marks)
v. Traits theory and precipitating events theory (4 Marks)
QUESTION FOUR
a) Explain any five advantages of being an entrepreneur (10 Marks)
b) Comment on any five objectives of the purchasing function of an enterprise (10 Marks)
QUESTION FIVE
a) Discuss any five administrative roles an entrepreneur has to oversee within an enterprise.
(10 Marks)
b) Explain any five advantages limited liability companies have over partnership businesses
(10 Marks)

Entrepreneurship Question Paper

More Question Papers

Popular Exams