Entrepreneurship Question Paper

Entrepreneurship

Course:Bachelor Of Science

Institution: Kenyatta University question papers

Exam Year:2009

KENYATTA UNIVERSITY
UNIVERSITY EXAMINATIONS 2009/2010
FIRST SEMESTER EXAMINATION FOR THE DEGREE OF BACHELOR OF
SCIENCE
SCT 402: ENTREPRENEURSHIP

DATE: Wednesday 23rd December, 2009 TIME: 8.00 a.m. – 10.00 a.m.

INSTRUCTIONS
Answer question 1 and any other question.

Q1.
(a)
Define the following terms:
i)
Entrepreneurship
[1
mark]
ii)
Intrepreneurship
[1
mark]

iii)
Invention

[1 mark]
iv)
Innovation
[1
mark]
v)
Entrepreneurial process
(b)
Briefly explain the entrepreneurial background and characteristics.
[5 marks]

(c)
Briefly explain the role of entrepreneurship in economic development.

[10 marks]

(d)
Briefly explain the various sources of business opportunities.

[5 marks]
(e)
Briefly explain the Kenya Government Policy on Small and Micro
Enterprise
Ventures.
[5
marks]

Q2.
(a)
Bring out the sources and methods for generating new ideas in your area
of
specialization.
[6
marks]
Page 1 of 2
(b)
Identify problems associated with computer and Information Technology
Industry ventures that could be used for focus group, brainstorming and
problem
inventory
analysis.
[14
marks]

Q3.
(a)
Bring out the various legal issues and concerns for entrepreneurs.

[4 marks]
(b)
As a Computer Information Technology or Information Systems
expert/manager with entrepreneurship skills, explain what you can do to
protect your product and procedure you would follow to implement any
three of the legal issues and concerns given in your answer to question
3
(a)
above.
[16
marks]

Q4.
(a)
Briefly explain the following:
i)
Business
plan
[2
marks]
ii)
Marketing
plan [2
marks]
iii)
Financial
plan
[2
marks]
(b)
Using a well labeled diagram illustrations and examples, draw up a plan
on how the internet and cell-phone technologies could be used to gather
market data for the business plan.

[14 marks]

Q5.
(a)
Briefly explain the various sources of capital for small and micro
Enterprises
in
Kenya.
[5
marks]
(b)
As an entrepreneur being out the importance of financing internally rather
than depending on external financing. Use illustrations and examples of
how you would accomplish this in your own new venture. [15 marks]
……………………..

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