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Entrepreneurship Question Paper

Entrepreneurship

Course:

Institution: Royal Business School question papers

Exam Year:2009

Question One
Clearly elaborate on what role the Government can play to resuscitate the declining state of
enterprise development in the economy (20 Marks)
Question Two
John Kamau has won Kshs. 500,000 in the charity sweepstake. He has decided to open a hotel
at the city center selling fast foods. Advice John on the various forms of business ownership
and the factors he should bear in mind in choosing which form would be appropriate for his
business (20 Marks)
Question Three
a)What do you understand by the term ‘Motivational theories of entrepreneurship?
(5 Marks)
b) P roponents of various schools of thought on the motivational theory of entrepreneurship have
come up with various arguments to explain why an entrepreneur would go into business.
Clearly explain the various schools of thought as you understand them. (15 Marks)
Question Four
Define the term “Business Plan” (3 Marks)
Describe the various components of a business plan (12 Marks)
Question Five
Whose responsibility is it to prepare the business plan? Why is this so important? (5 Marks)
Clearly explain 5 benefits that an entrepreneur stands to gain from a well prepared business
plan. (10 Marks)

Entrepreneurship Question Paper

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