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Bmit/Envs 111:Business, Society And Environment Question Paper

Bmit/Envs 111:Business, Society And Environment 

Course:Bachelor Of Business Management

Institution: Kabarak University question papers

Exam Year:2010




COURSE CODE: BMIT/ENVS 111

COURSE TITLE: BUSINESS, SOCIETY AND
ENVIRONMENT

INSTRUCTIONS:

1. Answer question ONE( compulsory) and ANY OTHER THREE questions.

QUESTION 1 Case Study

GIBSON-X-RAY OPTICAL SYSTEM
When entrepreneurs think about the team they must assemble for their new business, they
think first of co founders and then of key employees they must attract. Often, though,
they overlook other persons who although they may not work directly with the
entrepreneur in starting the company, also play a crucial role in its success. I think you
have a number of different skills important for success. A varied, electric background is
valuable. And you must be able to make decisions, if you cannot, you cannot run a
business. And you must be able to make decisions under uncertainty, without all the
information you would ideally like to have. You have to be able to sell – that is truly a
value –added activity. I spend 70-80% of time selling. I have to sell my family on risks,
investors and suppliers on why they should gives us 90 days to pay our accounts,
employees and their families. Selling is really what you do, and you have to be good at it
to succeed. Starting a company is big risk, and you should not do it unless your spouse
and close family are okay with it. They have to understand the downside as swell as the
upside. If they are not comfortable with the risks, including the debts you have to take on,
you really cannot proceed. I have seen some real horror stories-happy couples who get
divorced after many years together because one could not handle the risks, the
uncertainly and the absence of the spouse from home so many hours every week. No one
talks about this in business classes but in my view, it is crucial. Infact, entrepreneur’s
ought to choose a spouse who can handle risks and uncertainty. If they marry some one
for whom that is upsetting, life can be very difficult for everyone involved.”


a) With reference to Gypson of X-ray optical systems;
(i) Distinguish the ways in which the points made by Gypson are both insightful and
accurate? (8 marks)
(ii) According to Gypson, what is the relevance of a family in business startup and
eventual success? (8 marks)
(iii)Based on this interview, what factors do you find to be most important in
processing success. (8 marks)
b) Discuss the challenges of running a family business. ( 6 marks)


QUESTION 2
a) Discuss how business operations are influenced by;
(i) Socio-cultural environment
(ii) Political environment
(iii)Technological environment. (9 marks)
b) Discuss the arguments for and against social responsibility in business. (8 marks)
c) Identify three social responsibility areas and explain the ways in which the a business
should be socially responsible to them. (3 marks)

QUESTION 3
a) Outline the major managerial functions and state how they are related to the functions
of the firm. (10 marks)
b) The Government considers environmental management and conservation to be a
major area of concern. To achieve the objectives and goals of the environment,
programs, a set of linked strategies and activities which take into account similar
ongoing projects and programs have been indentified. Discuss the various strategies
and activities. (10 marks)


QUESTION 4
a) Discuss the following terms;
(i) Globalization. (2 marks)
(ii) Economies of scale. (2 marks)
(iii)The ‘Three legged Stool’. (2 marks)
(iv) Chemical waste. (2 marks)
(v) Economic Development. (2 marks)
b) Identify Kenya’s goals on the environment. (2 marks)
c) Explain the eight Millennium Development goals. (8 marks)



QUESTION 5
a) Kenya aims to be a Nation that has clean, secure and sustainable environment by
2030 whose goals is to increase forest cover from less than 3% at present to 4% and
to lessen by half all environment-related diseases by 2012. Discuss the specific
flagship projects identified for the environment by 2012. (10 marks)
b) In relation to wildlife in Kenya;
(i) Explain the human-wildlife conflict. (3 marks)
(ii) Discuss the contribution of wildlife subsector to the economy. (3 marks)
c) Explain the constraints facing forestry in Kenya. (4 marks)






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