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Buss 114: Entreprenuership Question Paper

Buss 114: Entreprenuership

Course:Business Administration

Institution: Kenya Methodist University question papers

Exam Year:2011

FACULTY : BUSINESS AND MANAGEMENT STUDIES
DEPARTMENT : BUSINESS ADMINISTRATION
TIME : 2 HOURS
INSTRUCTIONS Answer Question ONE and any Other TWO Questions

Question 1
a) Critically examine the problem of financing SMEs (8marks)
b) Discuss the different type of entrepreneurs (4marks)
c) Discuss the various theories that attempt to explain the origin of entrepreneurship in individuals (8marks)
d) What is the purpose of a business plan to an entrepreneur (6marks)
e) Studies have indicated that a number of business in Kenya do not keep records. What are the possible explanation for this phenomenon. (4marks)

Question 2
Discuss the two broad categories of factors that may affect the choice of business to start (20marks)

Question 3
a) Explain the leadership role of an entrepreneur in business (10marks)
b) Distinguish between an entrepreneur and a professional manager (10marks)

Question 4
a) Discuss the various means one can use to generate business ideas (16marks)
b) Entrepreneurs go into business for a variety of reason. Which are some of these reasons (4marks)

Question 5
a) Discuss entrepreneurship motivation behaviour using the relevant theories (10marks)
b) Explain the hurdles small business in Kenya face and how they attempt to overcome them (10marks)

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