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Entrepreneural Education Diploma Ones End Of Stage Examination Question Paper

Entrepreneural Education Diploma Ones End Of Stage Examination

Course:Diploma In Business Administration

Institution: Machakos University question papers

Exam Year:2010

Instructions to candidates
The paper consists of eight questions.
Answer only five questions.
All questions carry equal marks.

1.(a) Define the term technology.(2 Marks)
(b) Explain three categories of technology.(6 Marks)
(c) Explain five factors to be considered when introducing new technology.(12 Marks)

2.(a) Define the term good business opportunity.(2 Marks)
(b) Discuss the characteristics of a good business opportunity.(8 Marks)
(c) List down and explain five sources of business ideas. (10 Marks)

3.Explain five problems encountered when starting and operating a small enterprise.(20 Marks)

4.(a)Define the term internal motivation.(2 Marks)
(b) Identify five internal motivation factors and briefly explain how they contribute to the development of an enterprise.(18 Marks)

5(a)(i) List down and briefly explain three types of business finance.(9 Marks)
(ii) State five primary factors that should be considered when determining the most feasible source of raising capital in a particular situation.(5 Marks)
(b)(i) Define the term contract.(2 Marks)
(ii) Explain the following terms as used in a contract;
-An agreement
-Contractual capacity(4 Marks)

6.(a)(i) Outline the importance of tendering to an entrepreneur.(3 Marks)
(ii) State and briefly explain three methods of tendering.(6 Marks)
(b)(i) List down four causes of early failure in a business.(4 Marks)
(ii) Mention at least four factors that influence the success of any small scale enterprise citing examples in each case.(8 Marks)

7.(a) Explain any five ways in which entrepreneurs contribute to national development.(15 Marks)
(b) Briefly explain the importance of self employment.(5 Marks)

8.(a) Mutuku worked with the Kenya Power and Lighting company, Nairobi for 10 years as a sales manager and has recently decided to be self employed. Advise him on which requirements he needs to have.(10 Marks)
(b) Outline five sources where an aspiring entrepreneur can acquire business skills.(10 Marks)

Entrepreneural Education Diploma Ones End Of Stage Examination Question Paper

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