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Bmgt 111: Introduction To Business December 2008 Question Paper

Bmgt 111: Introduction To Business December 2008

Course:Bachelor Of Commerce

Institution: Kabarak University question papers

Exam Year:2008

INSTRUCTIONS:
1. Question ONE is Compulsory.
2. Answer any other TWO questions.
QUESTION ONE (COMPULSORY)
a) Explain the importance of business organization in Kenya. (10 marks)
b) Discuss how the following macro environmental forces can create challenges or
opportunities to any business organization.
i) Technological variables (7 marks)
ii) Demographic variables ( 6 marks)
iii) Social/cultural variables (7 points)
QUESTION TWO
Explain characteristics, benefits and limitation of operating the following forms of Business.
i) Sole trader (10 marks)
ii) Partnership (10 marks)
QUESTION THREE
a) What do you understand by the term business ethics and what are the advantages of the
code of ethics to any organizations (10 marks)
b) Explain what you understand by the term business social responsibility and discuss it’s
importance to any organization in Kenya. (10 marks)
QUESTION FOUR
Cooperative movement in Kenya plays a very significant role in the eradication of poverty and
creation of wealth among Kenyans.
a) Describe the types of co-operative societies operating in Kenya (4 marks)
b) Explain advantages and disadvantages of co-operative movement in Kenya.
(8 marks)
c) Describe the merits and demerits of joint venture type of business. (8 marks)
QUESTION FIVE
a) Describe the major functions of management and explain how they are related to the
private and public business organizations (10 marks)
b) Discuss the major roles played by managers of any organizations in carrying out their
day to day duties in the co-operate world. (10 marks)

Bmgt 111: Introduction To Business December 2008 Question Paper

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