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Dibm 0111: Introduction To Business Question Paper

Dibm 0111: Introduction To Business

Course:Diploma In Business Management

Institution: Chuka University question papers

Exam Year:2013

CHUKA

UNIVERSITY

UNIVERSITY EXAMINATIONS

FIRST YEAR EXAMINATION FOR THE AWARD OF
DIPLOMA IN BUSINESS MANAGEMENT

DIBM 0111: INTRODUCTION TO BUSINESS

STREAMS: DIP. (BUS. MGT) Y1S1 TIME: 2 HOURS

DAY/DATE: THURSDAY 8/8/2013 11.30 A.M. – 1.30 P.M.
INSTRUCTIONS:

SECTION A: (COMPULSORY) (30 MARKS)

Question ONE is compulsory. Answer any other two.
Do not write on the question paper.

QUESTION ONE:

After completing his Form Four Exams, Rashid decided to team up with his cousin John to start a butchery business.

(i) What form of business organization can you suggest they start? Justify. [3 marks]

(ii) Highlight three advantages of this type of business organization. [6 marks]

(iii) Outline four sources of finance through which Rashid and John can acquire
Capital. [4 marks]

(iv) Explain the various environmental variables that may affect the business.
[6 marks]
(v) Identify four benefit of delocalization of industries in Kenya. [4 marks]

(vi) Explain five ways in which Kenya benefits from international trade. [5 marks]

(vii) What is SWOT analysis? [2 marks]

SECTION B: ANSWER ANY TWO QUESTIONS IN THIS SECTION (40 MARKS)

QUESTION TWO:

(a) Distinguish between private limited company and public limited company. [8 marks]

(b) Describe the clauses of the memorandum of association. [6 marks]

(c) Highlight six aids to trade. [6 marks]

QUESTION THREE:

(a) Explain principles that govern societies in Kenya. [7 marks]

(b) Describe the types of cooperative societies that can be formed. [6 marks]

(c) Highlight the problems facing consumer societies in Kenya. [7 marks]

QUESTION FOUR:

(a) Explain the factors that influence the location of a business enterprise. [8 marks]

(b) Highlight the demerits of localization of business. [7 marks]

(c) Describe five basic functions of management in organizations. [5 marks]

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Dibm 0111: Introduction To Business Question Paper

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