Entrepreneurship Behavior(Entr 336) Question Paper

Entrepreneurship Behavior(Entr 336)

Course:Business Administration

Institution: Kenya Methodist University question papers

Exam Year:2012

TIME: 2 HOURS
INSTRUCTIONS
Answer questions one and any other two questions.
Question One
Explain the characteristics of entrepreneurs.
(10 Marks)

Discuss how cultural factors can hinder creativity.
(10 Marks)

What are the advantages of franchising to the franchisee?
(10 Marks)

Question Two
What specific steps are involved in entrepreneurial process?
(10 Marks)

Explain the elements of entrepreneurial environment.
(10 Marks)

Question Three
Suggest the various dimensions of business growth.
(10 Marks)

Describe the stages in the business lifecycle.
(10 Marks)

Question Four
Explain the advantages of buying an existing business.
(10 Marks)
What are the disadvantages of starting individual new business? (10 Marks)

Question Five
Discuss the factors that make a family business unique.
(10 Marks)
Explain the importance of preparing for management succession. (10 Marks)

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