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Buss 114: Entreprenuership Question Paper

Buss 114: Entreprenuership 

Course:Business Administration

Institution: Kenya Methodist University question papers

Exam Year:2008



KENYA METHODIST UNIVERSITY
END OF SECOND TRIMESTER 2008 EXAMINATIONS
FACULTY : BUSINESS AND MANAGEMENT STUDIES
DEPARTMENT : BUSINESS ADMINISTRATION
COURSE CODE : BUSS 114
COURSE TITLE : ENTREPRENEURSHIP
TIME : 2 HOURS
INSTRUCTIONS:
• Answer all Questions in Section A (Compulsory)and any TWO Questions from Section B
SECTION A
Question 1
(a) What is entrepreneurship (4 marks)
(b) Discuss with examples any two theories of entrepreneurship (6 marks)
Question 2
1. Discuss with examples ten (10) characteristics of an entrepreneur (10 marks)
Question 3
(a) Distinguish clearly between creativity and innovativeness (5 marks)
(b) Explain three (3) reasons why entrepreneurs encourage intrapreneurship (corporate
entrepreneurship) in their enterprises (5 marks)
SECTION B
Question 5
What are the critical factors contributing to the majority of small business failure in Kenya
(20
marks)
Question 6
There is an outcry in the SME industry about high rate of business failure. After a lot of research
a “consultant” from the KEMU undergraduate entrepreneurship class recommends preparation of
operation BP groups the key component of a business plan (20 marks)
Question 7
What are the internal and external factors that motivates the success entrepreneurs? Discuss with
examples (20 marks)
Question 4
Discuss with examples 10 roles of entrepreneurship in economic development. A practical case
of Kenya? (20 marks)




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