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Buss 114: Entreprenuership Question Paper

Buss 114: Entreprenuership

Course:Business Administration

Institution: Kenya Methodist University question papers

Exam Year:2012

KENYA METHODIST UNIVERSITY
END OF 3''RD ''TRIMESTER 2012 (DAY) EXAMINATIONS
SCHOOL : BUSINESS AND ECONOMICS
DEPARTMENT : BUSINESS ADMINISTRATION
UNIT CODE : BUSS 114
UNIT TITLE : ENTREPRENEURSHIP

TIME: 2 HOURS
Instructions: Answer Question ONE and any other TWO Questions.
Question One
Explain the concept entrepreneurship.
(5 Marks)
Explain any FIVE entrepreneurship myths that exist in the society today.
Marks)
(c) Identify and explain TEN key characteristics of entrepreneurs.
(15 Marks)
Question Two
(a) Discuss the role of entrepreneurship in respect to; (10 Marks)
the individual
the society
Give advice to a person who has been selling in a kiosk for the last 10 years and there is no noted growth.
(10 Marks)
Question Three
Discuss briefly the key components of a business plan.
(10 Marks)
How has the Kenyan government positively participated to development of enterprise culture in Kenya.
(10 Marks)
Question Four
Discuss the following theories of entrepreneurship;
(10 Marks)
Economic
Psychological
Explain how different microfinance institutions can provide financial resources to entrepreneurs.
(10 Marks)
Question Five
Discuss how one can screen a number of business ideas to end up with the best.
(10 Marks)
Discuss FIVE ways of generating business ideas.
(10 Marks)

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