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Business And Government Supp (Buss 348) Question Paper

Business And Government Supp (Buss 348)

Course:Business Administration

Institution: Kenya Methodist University question papers

Exam Year:2011

TIME : 2 HOURS

Instructions:
Answer Three Questions Only
Question One is Compulsory and attracts 30 Marks
Start new Question on a new page: Indicate the Questions clearly

Question One
Briefly examine the main involvement of government and business in Kenya before 1940.
(5 Marks)
Examine the impact of World War II had on the industrial environment in Kenya and how the colonial government responded to it.
Briefly describe development of money and banking in the East African region including Kenya in the period before 1920.
(5 Marks)
"Structural Adjustment Programmes" were aimed at sparring economic growth and microeconomic stability" Comment on this statement.
(5 Marks)
Briefly describe the concept of "regressive" and "degressive" taxes giving examples of each to illustrate your answer.
(5Marks)

Describe giving examples of investments that are considered to be social; capital and the rationale behind their creation.
(5 Marks)

Question Two
"Price and market system offers economic freedom reported to as "Laissez-faire" capitalism where the economic role of government is limited to setting regulatory framework". Explain this statement bring out THREE areas where such framework operates. (20 Marks)

Question Three
Describe FOUR ways in which the government maintains same degree of competition which at the same time allowing a degree of economic freedom between business firms.
(10 Marks)

Examine methods used by the government to protect interest of society against business exploitation.
(10 Marks)

Question Four
Describe six limitations of government regulations to business enterprise.
(20 Marks)
Question Five
Describe THREE roles of government in providing national welfare. (20 Marks)

Business And Government Supp (Buss 348) Question Paper

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