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Cam 206: Entrepreneurship And Small Business Management-2008/2009 Question Paper

Cam 206: Entrepreneurship And Small Business Management-2008/2009 

Course:Bachelor Of Commerce

Institution: Kca University question papers

Exam Year:2009



1
UNIVERSITY EXAMINATIONS: 2008/2009
SECOND YEAR STAGE III EXAMINATION FOR THE DEGREE OF
BACHELOR OF COMMERCE
CAM 206: ENTREPRENEURSHIP AND SMALL BUSINESS MANAGEMENT
DATE: APRIL 2009 TIME: 2 HOURS
INSTRUCTIONS: Answer question ONE and any other TWO questions
QUESTION ONE
a) What do you understand by the term enterprise culture? (2 Marks)
b) Explain the characteristics of an enterprising society. (8 Marks)
c) Analyze what the government of Kenya can do to promote an enterprise culture at the
grassroots level. (10 Marks)
d) Analyze the different options open to an entrepreneur who is planning to expand his business.
(10 Marks)
QUESTION TWO
a) Describe the business life cycle and analyze the types of: i) finance ii) skills that an entrepreneur
requires at the different stages of the business life cycle and for what purpose. (20 Marks)
QUESTION THREE
a) What would a venture capitalist look for when evaluating the strategy of a prospective investment?
(10 Marks)
b) Analyze the different roles that can be played by five different types of entrepreneurs in a
developing country like Kenya? (10 Marks)
2
QUESTION FOUR
a) What are the responsibilities of entrepreneurs in rebuilding a country after a major conflict?
(10 Marks)
b) Entrepreneurs are some of the most stressed people in the world. Discuss. (10 Marks)
QUESTION FIVE
a) In what ways might excessive government regulation disadvantage the smaller entrepreneurial
business rather than the bigger established incumbent? (10 Marks)
b) Under what circumstances would you regard acquisition as not being appropriate as an
entrepreneurial growth strategy? (10 Marks)






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