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Envs 211: Business, Society And The Environment Question Paper

Envs 211: Business, Society And The Environment

Course:Bachelor Of Environmental Science

Institution: Kabarak University question papers

Exam Year:2008

COURSE CODE: ENVS 211
COURSE TITLE: BUSINESS, SOCIETY AND THE
ENVIRONMENT

INSTRUCTIONS TO CANDIDATES:
Answer All questions in Section A and Any TWO from Section B
SECTION A (40 MKS)
1. Describe briefly each of the following terms:
(i) A business.
(ii) An entrepreneur. (4mks)
2. State any five of the aspects of the environmental crisis facing human kind. (5mks)
3. Describe the freedoms associated private enterprise system. (10mks)
4. Describe with the aid of diagrams, the following terms: (9mks)
(a) Demand curve
(b) Supply curve
(c) Market/equilibrium price
5. Explain how do not-for-profit organizations raise revenue to meet their expenses?
(4mks)
6. Describe the types of partners in a partnership. (4mks)
7. State and explain the factors that affect the size of a target market. (4mks)
SECTION B (30 MKS)
8. All businesses perform eight basic activities in transforming inputs into marketable
outputs. Discuss. (15 mks)
9. Economists identify four basic types of market structures, each characterized by the
degree of competition involved. Discuss this statement. (15 mks)
10. Discuss the major challenges facing business. (15 mks)

Envs 211: Business, Society And The Environment Question Paper

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