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Bmgt 111: Introduction To Business August 2010 Question Paper

Bmgt 111: Introduction To Business August 2010 

Course:Bachelor Of Commerce

Institution: Kabarak University question papers

Exam Year:2010



INSTRUCTIONS:
Answer question ONE and any other TWO question

QUESTION ONE
a) Explain the main reasons for government involvement in business enterprises. (6mks)

(i) Discuss how the following forces in the business environment can create either opportunities
or challenges to any business organization. Political/legal environment (6mks)
(ii) Technology environment (6mks)
(iii)Demographic environment (6mks)
(iv) Social/ cultural environment (6mks)
QUESTION TWO
a) Discuss the principal characteristics of partnership and co-operatives forms of business in
Kenya (12mks)

b) Explain the content and purpose of the documents required in the formation of public
companies as required by companies Act. (8mks)
QUESTION THREE
a) Outline the major managerial functions and explain how they are related to the functions of
business and non-business organizations. (15mks)

b) Define the term “business ethics” and explain its importance to any business organizations.
(5mks)
QUESTION FOUR
a) Explain the features of the main sources of financing business activities in Kenya. (12mks)

b) Discuss the role of the Nairobi stock exchange in the economic development in Kenya (8mks)




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