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Entrepreneurship And Small Business Management Question Paper

Entrepreneurship And Small Business Management 

Course:Bachelor Of Commerce

Institution: Kenyatta University question papers

Exam Year:2010



KENYATTA UNIVERSITY
UNIVERSITY EXAMINATIONS 2009/2010
OPEN, DISTANCE AND E-LEARNING EXAMINATION FOR THE DEGREE
OF BACHELOR OF COMMERCE

BBA 310: ENTREPRENEURSHIP AND SMALL BUSINESS MANAGEMENT

DATE: Friday 23rd July 2010


TIME: 8.00 a.m – 10.00 a.m

INSTRUCTIONS
Answer question ONE and any other TWO questions
1.
Explain the development stages of a business life cycle and the needs for each stage. [ 10 marks]
a)
What is the role of small business in entrepreneurship development? [ 10 marks]
b)
Analyze the differences between entrepreneurial ventures and small businesses. [ 10 marks]

2.
Mwangi has just been retrenched from the ministry of public works. He is considering going into self employment. Advise Mwangi as to the sources of business finance available to him for him to start a small scale business. [20 marks]

3.
a)
Small business in Kenya face various challenges / problems. Discuss 5 (five) such challenges.
[ 10 marks]
b)
Discuss how the above challenges can be avoided [ 10 marks]

4.
Planning is vital for small business- infact the warning to small business owners is “ Those who do not plan are planning to fail” Discuss briefly ( 7) seven components of good business plan. [ 20 marks]




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