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Introduction To Entreprenuership Question Paper

Introduction To Entreprenuership 

Course:Bachelor Of Commerce

Institution: Pwani University question papers

Exam Year:2012



PWANI UNIVERSITY
INTRODUCTION TO ENTREPRENEURSHIP
Duration; 3 hours
Answer all questions in section A and any other two in section B
SECTION A
Question one
a) Define entrepreneurship and classify entrepreneurs based on functional characteristics and development angel (10 marks)
b) Give reasons why a person should become an entrepreneur and the costs of becoming one (10mks)
Question two
a) Outline the challenges facing young entrepreneurs in a country such as Kenya (13mks)
b) When choosing to become an entrepreneur, one may choose to classify his/her skills into either interpersonal or critical and creative skills. State the elements of critical an creative skills (7mks)
SECTION B
QUESTION THREE
Discuss the two types of ownership i.e. sole proprietorship and partnership, taking in consideration their advantages and disadvantages (15mks)
QUESTION FOUR
Write short notes on the major sources of financing entrepreneurship venture (15mks)
QUESTION FIVE
Discuss patents and copyrights as legal issues of entrepreneurship (15mks)




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