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Entr 335:Entrepreneurial Policy And Development Question Paper

Entr 335:Entrepreneurial Policy And Development

Course:Business Administration

Institution: Kenya Methodist University question papers

Exam Year:2013

Entrpreneurial policy and development (ENTRY 335) 1ST TRIMESTER 2013

KENYA METHODIST UNIVERSITY

END OF 1''ST ''TRIMESTER 2013 (EVENING) EXAMINATIONS
SCHOOL : BUSINESS AND ECONOMICS
DEPARTMENT : BUSINESS ADMINISTRATION
UNIT CODE : ENTR 335
UNIT TITLE : ENTREPRENEURIAL POLICY AND DEVELOPMENT

TIME: 2 HOURS

Instructions:

Answer a total of four questions. Question one is compulsory and any other three questions.

Question one

Explain the broad meaning of the term policy.

(5mks)

Identify in each of the following the role of policy or policies using examples the promotion of small enterprises in Kenya.

Financial systems

(5mks)

Markets.

(3mks)

Infrastructure.

(4mks)

Justify the need for policies for micro and small enterprises (MSE) in developing countries like Kenya.

(7mks)

Outline key challenges of formulation and execution of policies in Kenya with respect to the small enterprises sector.

(6mks)

Question Two

Explain your understanding of the following three levels of policy

Directional policy.

(2mks)

Strategic policy.

(2mks)

Operational policy.

(2mks)

For each level I 2(a) above give a special example and illustrate its role in policy formulation within the context of small enterprise development.

Question Three

Outline the key components of policy document.

(7mks)

Identify the key tasks involved in the design and various of policies. (7mks)

Briefly explain the THREE approaches to the formulating a national MSE strategy.

(6mks)

Question Four

Discuss the characteristics of a good policy for MSE in Kenya.

Question Five
Explain the role of economic policies of a country to the formulation and implementation of small enterprise policy. (20mks)

Entr 335:Entrepreneurial Policy And Development Question Paper

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