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Bcom/Bbam 404: Small Business Management. Question Paper

Bcom/Bbam 404: Small Business Management.

Course:Bachelor Of Commerce

Institution: Kisii University question papers

Exam Year:2017

ANSWER QUESTION ONE AND ANY OTHER 3 QUESTIONS.

QUESTION ONE.

(a) Explain the force behind the upsurge of small business in kenya (10mks).

(b) Outline benifits of making a business plan before starting businesses. (10mks).

(c) Discuss five challenges faced by finance entreprenuers. (5mks).

QUESTION TWO.

(a) Explain the term business finance. (3mks)

(b) Describe any six sources of business starters. (12mks).

QUESTION THREE.

(a) Give reasons why sole propprietorship is the most common form of business. (10mks).

(b) Outline five characteristics of a small business. (5mks).

QUESTION FOUR.

(a) Using Maslow's hierarchy of needs theory describe forms of businesses one can engage in.(15mks).

QUESTION FIVE.

(a) You need a loan from a bank to start business. Outline factors the banker will evaluate before loaning you funds. (10mks).

(b) Highlight benefits of innovation and creativity to a country. (5mks).

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