Introduction To Business Studies Question Paper

Introduction To Business Studies

Course:Diploma In Business Management

Institution: Mount Kenya University question papers

Exam Year:2011

MOUNT KENYA UNIVERSITY
UNIVERSITY EXAMINATION 2010/2011
SCHOOL OF BUSINESS AND PUBLIC MANAGEMENT
DEPARTMENT OF MANAGEMENT
UNIT CODE: DBM 113
UNIT TITLE : INTRODUCTION TO BUSINESS STUDIES
DATE|: JULY 2011 MAIN EXAM TIME: 2HRS
INSTRUCTIONS: ANSWER QUESTION ONE AND ANY OTHER TWO QUESTIONS

1.questions
a)Explain two characteristics of ordinary shares (4marks)
b)Agnes is a college graduate who wishes to venture into small business. She cannot decide whether to start a sole proprietor ship or join her friend to forrm a partnership. What factors should she consider before making a decision.(8marks)
c)Mention four contents of memorandum of association (4marks)
d)define the term merger and explain the various classifications(5marks)
e)identify the key levels of management in the organizations.(6marks)
f)Mention three main functions of a distribution channel (3marks)

2.questions
a)identify four key stake holders in a business and discuss how each is likely to influence business operations(8marks)
b)discuss four business objectives that a business would pursue (8marks)
c)distiguish a private company from a public (4marks)

3.questions
a)mention four factors that would lead to partnership dissolution (4marks)
b)describe a franchise and describe its advantages (16marks)

4.questions
a)explain five functions of management(20marks)
b)describe the various classifications of debt finance (6marks)

5.questions
a)justify the use social responsibility in business(10marks)
b)mention the importance of directing function.(4marks)

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