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Cam 206 Entrepreneurship And Small Business Management Question Paper

Cam 206 Entrepreneurship And Small Business Management

Course:Bachelor Of Commerce

Institution: Kca University question papers

Exam Year:2011

UNIVERSITY EXAMINATIONS: 2011/2012
YEAR II EXAMINATION FOR THE BACHELOR OF COMMERCE
CAM 206 ENTREPRENEURSHIP AND SMALL BUSINESS MANAGEMENT
(DAY+EVENING)
DATE: APRIL 2012 TIME: 2 HOURS
INSTRUCTIONS: Answer Question One and Any other Two Questions
QUESTION ONE
a) Explain the entrepreneurial characteristics that an entrepreneur needs to display at each stage of
the entrepreneurial process. (10 Marks)
b) Describe five unique characteristics of small businesses that distinguish them from large
businesses. (10 Marks)
c) Explain five reasons why an entrepreneur would find it more appropriate to form a private
limited company than go into a partnership. (10 Marks)
QUESTION TWO
a) Analyse five ways through which devolution could impact on entrepreneurship development in
Kenya. (10 Marks)
b) Analyse how Abraham Maslow’s hierarchy of needs theory of motivation can enhance
entrepreneurial competencies. (10 Marks)
QUESTION THREE
a) Explain two skills each that an entrepreneur requires to run the business effectively at each
stage of the business life cycle. (10 Marks)
b) According to Joseph Schumpeter, an entrepreneur must do something new or else there would
2
be no point in his entering the market place. Explain five reasons why innovation is necessary
in entrepreneurship. (10 Marks)
QUESTION FOUR
Explain the importance of the following on an entrepreneurial performance: industry knowledge,
entrepreneurial motivation, general management skills, and people management skills. (20 Marks)
QUESTION FIVE
Explain how the political, social. economic, technological environment could impact on
entrepreneurial performance. (20 Marks)

Cam 206 Entrepreneurship And Small Business Management Question Paper

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