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Entrpreneurship And Small Business Management Question Paper

Entrpreneurship And Small Business Management

Course:Bachelor Of Commerce

Institution: Kca University question papers

Exam Year:2010

UNIVERSITY EXAMINATIONS: 2009/2010
SECOND YEAR STAGE 3 EXAMINATION FOR THE DEGREE OF
BACHELOR OF COMMERCE
CAM 206: ENTRPRENEURSHIP AND SMALL BUSINESS MANAGEMENT
(DAY&EVENING)
DATE: APRIL 2010 TIME: 2 HOURS
INSTRUCTIONS: Answer Question ONE and Any other TWO Questions
QUESTION ONE
a) Explain five advantages to an entrepreneur who carries out business in a business cluster such as
EPZ. (10 Marks)
b) What are the implications of a potential entrepreneur analyzing and evaluating a new market?
(10 Marks)
c) Explain two problems each that are likely to be faced by a business at each stage of the Business
life cycle. (10 Marks)
QUESTION TWO
a) What are the specific challenges in getting investors to commit to an internet venture as compared
to a conventional one? (10 Marks)
b) Outline the differences between an entrepreneurial venture and a small business enterprise.
(10 Marks)
QUESTION THREE
a) Under what circumstances would you regard acquisition as inappropriate as an expansion option?
(10 Marks)
2
b) In what ways would excessive government regulation (red tape) disadvantage the SBE rather than
the more established incumbent? (10 Marks)
QUESTION FOUR
a) A business venture can only survive in a certain business environment. Discuss (10 Marks)
b) What would a venture capitalist look for when evaluating a possible investment? (10 Marks)
QUESTION FIVE
a) Analyze the various ways in which a business plan can affect the performance of a small business
enterprise (10 Marks)
b) In what ways is marketing a resource within an entrepreneurial business? (10 Marks)

Entrpreneurship And Small Business Management Question Paper

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