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Ced 0217: Entrepreneurship Skills Question Paper

Ced 0217: Entrepreneurship Skills

Course:

Institution: Jomo Kenyatta University Of Agriculture And Technology question papers

Exam Year:2012

JOMO KENYATTA UNIVERSITY
OF
AGRICULTURE AND TECHNOLOGY

University Examinations 2012/2013
STAGE IV EXAMINATION FOR THE DIPLOMA IN INFORMATION TECHNOLOGY

CED 0217: ENTREPRENEURSHIP SKILLS

DATE: AUGUST, 2012 TIME: 1hr 30min

INSTRUCTIONS: Answer ANY THREE Questions.

Question One (20 Marks)

a) In recent years Information Technology has revolutionarized small and medium enterprise (SME) performance. Discuss. [10 marks]

b) Explain the role that small enterprises play in society today. [10 marks]

Question Two (20 marks)

a) Distinguish between Diffusion of Innovation Theory (DOI) from the perspective of the customer with Diffusion of Innovation from the perspective of the entrepreneur.
[4 marks]

b) Explain the importance of conducting both external and internal environmental analysis before setting objectives and strategies. [12 marks]

c) Explain how the issue of taxation is dealt with in the following:

i. Sole proprietorship [1 mark]
ii. Partnership [1 mark]
iii. Corporation [1 mark]
iv. Small corporation [1 mark]

Question Three (20 marks)

a) i. Distinguish between equity and debt financing. [4 marks]

ii. List any three sources of Equity finance and three sources of debt finance.
[6 marks]

b) With relevant examples of a company you are most familiar with, discuss of product life cycle (PLC) model, showing strategies applied on each stage. [10 marks]

Question Four (20 marks)

a) Define the following terminologies as used in entrepreneurship:

i. Entrepreneur
ii. Intrapreneur
iii. Enterprise [6 marks]

b) Discuss how government policy in Kenya has impacted small enterprise performance.
[10 marks]

c) State any four extraneous factors that affect the success of small enterprises.
[4 marks]

Ced 0217: Entrepreneurship Skills Question Paper

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