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Entrepreneurship Question Paper

Entrepreneurship

Course:Buss 114

Institution: Kenya Methodist University question papers

Exam Year:2008

KENYA METHODIST UNIVERSITY

END OF FIRST TRIMESTER 2008 EXAMINATION

FACULTY : BUSINESS AND MANAGEMENT STUDIES
DEPARTMENT : BUSINESS ADMINISTRATION
COURSE CODE : BUSS 114
COURSE TITLE : ENTREPRENEURSHIP
TIME : 3 HOURS

INSTRUCTIONS
• Answer Question ONE and any other THREE Questions

Question 1
a) Discuss any three theories of entrepreneurship and explain their implications on entrepreneurial success. (10marks)

b) Explain the role of micro and small enterprises in a country’s economic development.
(10marks)

c) Identify and justify any five criteria that may be used to determine business size.
(10marks)

Question 2
a) Identify the components of an enterprise operating environment and highlight the environment’s impact on business performance. (10marks)

b) Identify the stages of a business lifecycle and explain how you would ---- business performance at each stage. (10marks)

Question 3
a) Discuss the key motivations that may enhance the development of entrepreneurial behavior. (10marks)

b) How is the process of financing a small enterprise different from that of financing a large enterprise? (10marks)

Question 4
a) Explain the various methods through which business ideas may be generated.
(10marks)
b) Discuss any five characteristics of a viable business idea. (10marks)
Question 5
a) Discuss, giving examples the various external and internal factors affecting entrepreneurial growth. (15marks)

b) Discuss the concept of intrapreneurship. (5marks)

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