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Bud 005 Theories Of Entrepreneurship Question Paper

Bud 005 Theories Of Entrepreneurship 

Course:Diploma In Business Management

Institution: Kca University question papers

Exam Year:2014



UNIVERSITY EXAMINATIONS: 2013/2014
STAGE I ORDINARY EXAMINATION FOR THE
CERTIFICATE/DIPLOMA IN BUSINESS MANAGEMENT
BUD 005 THEORIES OF ENTREPRENEURSHIP
DATE: AUGUST 2014
TIME: 1 1/2 Hours
INSTRUCTION: Answer any THREE questions
QUESTION ONE: (20 MARKS)
(a)
Many small business hardly survive beyond three years. Discuss the reasons for that.
(10 Marks)
(b)
Explain the importance of a business plan to an entrepreneur.
(10 Marks)
QUESTION TWO: (20 MARKS)
(a)
Explain the various traits that an entrepreneur needs to posses in order to run his business
successfully.
(b)
(10 Marks)
Discuss the impact of technology in business. (10 Marks)
QUESTION THREE: (20 MARKS)
(a)
Time management is very crucial to a careful entrepreneur.
Describe ways an entrepreneur can use to manage time effectively.
(b)
(10 Marks)
An entrepreneur needs adequate finance to start and run a business successfully. Explain
the various sources of business finance.
(10 Marks)
1
QUESTION FOUR: (20 MARKS)
(a)
Discuss the role played by the government in enhancing the success of small and medium
enterprises (SMEs) in Kenya.
(b)
(10 Marks)
Explain the factors to consider when preparing to go into self Employment. (10 Marks)
QUESTION FIVE: (20 MARKS)
(a) Discuss the issues that are regarded as unethical in Entrepreneurship.
(b) HIV/AIDs is considered a threat to the progress of entrepreneurship. Discuss. (10 Marks)
2
(10 Marks)






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