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Buss 030:Business Studies Question Paper

Buss 030:Business Studies

Course:Diploma In Business Administration

Institution: Kenya Methodist University question papers

Exam Year:2011

FACULTY : EDUCATION & SOCIAL SCIENCES

DEPARTMENT : EDUCATION AND PRE-UNIVERSITY

TIME : 2 HOURS

INSTRUCTIONS Answer Question ONE and any Other TWO Questions

Question 1

a) Write short notes on:

i) Capital

ii) Customer

iii) Entreprenuer

iv) Inputs

v) Job enlargement

vi) Need & want (6marks)

b) Outline the major managerial functions and suggest how they are related to the functions of a business. (10marks)

c) Explain what we mean by

i) Efficient manager (2marks)

ii) Effective manager (2marks)

Question 2

a) What is a partnership? (5marks)

b) Critically discuss the principal advantages and disadvantages of partnership. (15marks)

Question 3

a) State and explain the 4pcs of production management. (10marks)

b) What are some of the qualities of a businessman? (10marks)

Question 4

a) Give and explain the functions of the personnel manager. (10marks)

b) Highlight some of the criticisms of Business. (10marks)

Question 5

a) Discuss the importance of marketing in Kenya. (10marks)

b) Define:-

i) Liabilities

ii) Capital

iii) Assets

iv) Economy

v) Budget. (10marks)

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