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Bmgt 214/ 414: Business Entrepreneurship Question Paper

Bmgt 214/ 414: Business Entrepreneurship 

Course:Bachelor Of Commerce

Institution: Kabarak University question papers

Exam Year:2013



KABARAK UNIVERSITY
SCHOOL OF BUSINESS
DECEMBER 2013

BMGT 214/ 414: BUSINESS ENTREPRENEURSHIP
DAY: DATE:
TIME: STREAM:
INSTRUCTIONS:
Answer Question ONE and TWO other Questions
Question 1;
a) Explain some of the factors favouring the growth of entrepreneurship. (12 marks)
b) Profit making is certainly beneficial to business enterprises. Explain the necessity of profit orientation
in entrepreneurship. (8 marks)
c) Discuss five (5) guidelines the entrepreneurs can use in choosing a viable opportunity
(10 marks)

Question 2
(a) Studies have indicated that there are common reasons for new business ventures to fail. Examine any
six of these reasons. (12 marks)
(b) Outline some of the reasons for the presence of unethical business practices. (8 marks)
Question 3
a) An entrepreneur wants to start a new small business in kampi ya moto centre in Nakuru county,Advise
him on ;
i) The factors he needs to consider before starting it. (5 marks)
ii) The possible sources of funds for his business (5 marks)
iii) The various factors he needs to consider before selecting each source of finance (5 marks)
b) Outline any five methods that an entrepreneur can use to identify a new business opportunity.
(5 marks)
Question 4
a) Describe any four (4) push factors which lure a person to become an entrepreneur
(8 marks)
b) Discuss the importance of innovation as a dimension of entrepreneurship
(6 marks)
c) Describe how an entrepreneur can utilize the following emerging trends to increase the scale of their
scale of their operations.
i) E-commerce (2marks)
ii) Business process outsourcing (BPO) (2 marks
iii) Globalization (2 marks)






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