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Buss 046:Business Planning Question Paper

Buss 046:Business Planning

Course:Diploma In Business Administration

Institution: Kenya Methodist University question papers

Exam Year:2012

KENYA METHODIST UNIVERSITY

END OF 1''st ''TRIMESTER 2012 EXAMINATIONS
SCHOOL : BUSINESS AND ECONOMICS
DEPARTMENT : BUSINESS ADMINISTRATION
UNIT CODE : BUSS 046
UNIT TITLE : BUSINESS PLANNING

TIME: 2 HOURS

INSTRUCTIONS

Answer question one and any other two questions.

Question One

Explain five techniques that can be used to generate business ideas.

(5 Marks)

State and explain the five main stages in the entrepreneurial process.

(10 Marks)

Explain why every entrepreneur should create a business plan, as well as the benefits of developing a business plan.

(15 Marks)

Question Two

Describe the keys to making an effective business plan presentation.

(5 marks)

"Failing to plan is like planning to fail" discuss this statement in view of the purpose, importance and benefits of a business plan.

(15 Marks)

Question Three

Describe the six major components of a solid business plan.

(18 marks)

Distinguish between a business plan and a business strategy.

(2 Marks)

Question Four

Explain how technology can help an entrepreneur in business planning.

(5 Marks)

A business plan can help an entrepreneur to solicit for finances from a bank; under what circumstances will a business plan be rejected by a bank?

(5 Marks)

Describe the steps involved in the preparation of a business plan.

(10 marks)

Question Five

A group of unemployed KEMU graduates has approached you for advice on how to start income generating activities. Discuss the key points you will cover in your presentation regarding procedures of starting an enterprise.

(15 Marks)

Explain the contribution of entrepreneurship to national development.

(5 Marks)

Buss 046:Business Planning Question Paper

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