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Peco 231: Enterepreneurship Development Question Paper

Peco 231: Enterepreneurship Development

Course:Bachelor Of Education Primary Option

Institution: Chuka University question papers

Exam Year:2013

CHUKA

UNIVERSITY

UNIVERSITY EXAMINATIONS
EXAMINATIONS FOR THE AWARD OF DEGREE IN BACHELOR EDUCATION (PRIMARY OPTION)
PECO 231: ENTEREPRENEURSHIP DEVELOPMENT
STREAMS: BED (P) TIME: 2 HOURS
DAY/DATE: WEDNESDAY 17/4/2013 2.30 PM – 4.30 PM
INSTRUCTIONS:

• Answer question one and any other two questions.
• Do not write on the question paper.

QUESTION ONE

(i) Entrepreneurship development is inevitable in developing countries to steer their economic growth and also creating employment for the venurable groups such as
women and the youth. In the light of this statement discuss giving examples factors which affect entrepreneurship development in Kenya. [10 Marks]

(ii) Discuss the characteristics of entrepreneurial ventures. [10 Marks]

(iii) Discuss the challenges faced in operating small businesses in Kenya. [10 Marks]

QUESTION TWO

(i) Distinguish among various types of entrepreneurs. [6 Marks]

(ii) Explain areas in which entrepreneurial firms have competitive advantages. [10 Marks]

(iii) What is corporate entrepreneurship? [4 Marks]

QUESTION THREE

(i) Explain the creative process as used in entrepreneurship development. [10 Marks]

(ii) Discuss the criteria for judging whether a new business idea is a good investment opportunity or not. [10 Marks]

QUESTION FOUR

(i) Explain the reasons why entrepreneurs buy existing businesses rather than starting their
own. [5 Marks]

(ii) Discuss the components of a business plan. [11 Marks]

(iii) In order to maintain your customers in your business you must make sure that you meet their satisfaction. Explain the factors under a firms control which contribute to customers satisfaction. [4 Marks]

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Peco 231: Enterepreneurship Development Question Paper

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