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Aba 101:Introduction To Business Studies Question Paper

Aba 101:Introduction To Business Studies

Course:Bachelor Of Business Administration

Institution: Maseno University question papers

Exam Year:2011

MASENO UNIVERSITY
ABA 101:INTRODUCTION TO BUSINESS STUDIES
QUESTION 1
a)Define the Concept of business. 2mks
b)Discuss the major components of an input/output model of a business and how thy relate to each other. 10mks
c)Environmental forces provide both opportunities and threats to business .Giving examples briefly outline the major opportunities provided by and threats posed by technological environment to business. 8mks
d)Explain the concept of Ethics in business. 5mks
e) Mention the circumstances under which a partnership may be terminated. 5mks
QUESTION 2
a)Identify the characteristics of entrepreneurs and the process to follow when starting a small business.10mks
b)"Business and government must work together for the mutual benefit of both of them."Discuss the validity of this statement. 10mks
QUESTION 3
Examine the Kenya''s business Macro-economic environment showing its implication to business firms. 20mks
QUESTION 4
a)Write short notes on each of the following:
i)Leadership styles. 4mks
ii)Levels of management. 4mks
iii)Theory and practice of Delegation
b)Define the term utility and discuss different types of economic utility. 10mks
QUESTION 5
"A business undertaking is required to be socialy responsible."Explain the foregoing statement and illustrate major areas of social responsibility of a business. 20mks

Aba 101:Introduction To Business Studies Question Paper

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