Get premium membership and access revision papers, questions with answers as well as video lessons.

Buss 046:Business Planning Question Paper

Buss 046:Business Planning

Course:Diploma In Business Administration

Institution: Kenya Methodist University question papers

Exam Year:2013

KENYA METHODIST UNIVERSITY

END OF 2''ND ''TRIMESTER 2013 (DAY) EXAMINATION
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

Give and explain the reasons that justify the development of a business plan.

(5 Marks)

Give and explain five sources of business ideas

(5 Marks)

(i) What is business idea screening?

(2 Marks)
(ii) Illustrate why such business idea screening is important when formatting a business plan. (8 Marks)

Give the outstanding components of a marketing plan sections of a business plan

(10 Marks)

Question Two

Many entrepreneurs operate their small enterprises without a business plan. Using illustrations show why it is important to have a business plan.

(10 marks)

What are the key components of a business plan?

(10 Marks)

Question Three

What are the characteristics of a standard business plan?

(10 marks)

Give the importance of a management plan in the business plan

(10 Marks)

Question Four
Mr. Hustler decided to get into government supply business. He needed financing from a Bank. He also needed some two partners to join his enterprise. Both, the bank and prospective partners asked for his business plan before accepting the request to engage with his enterprise. Justify their reasons for asking for a business plan. (20 Marks)

Question Five

Marketing is a critical area for any enterprise. Using relevant examples show why carrying out a SWOT analysis in the marketing section of a business plan is important.

(15 Marks)

Show the importance of entrepreneurs to national development.

(5 Marks)

Buss 046:Business Planning Question Paper

More Question Papers

Popular Exams