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

Bud 005: Theories Of Entrepreneurship Question Paper

Bud 005: Theories Of Entrepreneurship

Course:Bachelor Of Commerce

Institution: Kca University question papers

Exam Year:2009

1
UNIVERSITY EXAMINATIONS: 2008/2009
STAGE I EXAMINATION FOR DIPLOMA IN BUSINESS MANAGEMENT
BUD 005: THEORIES OF ENTREPRENEURSHIP
DATE: APRIL 2009 TIME: 1½HOURS
INSTRUCTIONS: Answer any THREE questions
QUESTION ONE
Eric studied Entrepreneurship at the University before joining the Business Consultancy Firm for
which he worked for three years. During the third year of employment Eric had experience with small
enterprises and he prepared a proposal on small business growth which attracted financing from IFC.
In the fourth year he started Buzz Planner using the funds from IFC. Few years later Eric was
overwhelmed by consultancy work due to more bigger and technical assignments that he could not
handle.
a) List the main entrepreneurial traits of Eric [5 Marks]
b) List the main benefits of Eric going to private consultancy business [5 Marks]
c) “Entrepreneurship has a dark side” discuss in the context of Eric case [5 Marks]
d) Explain how Eric can avoid common mistakes that cause failure of small enterprises [5 Marks]
QUESTION TWO
a) State the factors that favour Creativity and Innovation [10 Marks]
b) List the main sources of business ideas [5 Marks]
c) State the main factors that causes failure of start-up business [5 Marks]
2
QUESTION THREE
a) State the benefits of a business plan [5 Marks]
b) Explain the various content of business plan [15 Marks]
QUESTION FOUR
a) State the benefits of E-commerce for a start-up business [4 Marks]
b) Explain the major sources of financial resources for a start-up business [16 Marks]
QUESTION FIVE
a) State the main managerial skills required by small business manager [8 Marks]
b) Discuss the role of small enterprises in economic development [12 Marks]

Bud 005: Theories Of Entrepreneurship Question Paper

More Question Papers

Popular Exams