Diploma 1 In Business Administration Entrepreneurship Education Past Paper Question Paper
Diploma 1 In Business Administration Entrepreneurship Education Past Paper
Course:Diploma In Business Administration
Institution: Machakos University question papers
Exam Year:2006
End of Term Examinations Diploma 1
Sept-Nov 2006
Time: 2 Hours
Instructions
Answer all the questions
1 (i) Give the meaning of:-
(a) Entrepreneur (2 Marks)
(b) Entrepreneurship (2 Marks)
(c) Small business (2 Marks)
(d) Innovative (2 Marks)
(e) Inventive (2 Mark)
(ii) You intend to venture into a small business but find that there are lots of shortcomings arising from the many risks that are involved.
Critically examine 10 (ten) risks associated with small businesses. (10 Marks)
2 (a) Entrepreneurship is attributed to equtable distribution of resources.
Enumerate ways in which unequitable distribution of resources would hinder the success of a business.(12 Marks)
(b) Skills are the pillars for any successful business opportunity.
Describe the areas from where an aspiring entrepreneur would obtain these skills from. (8 Marks)
3 (a) In small business set ups there are several entrepreneurs doing different entrepreneurship activities. Explain on the types of entrepreneurship activities. Explain on the types of entrepreneurs that exist in entrepreneurship activity: (16 Marks)
(b)Explain any four characteristics of a successful entrepreneur.(4 Marks)
4. Family backgrounds may be a draw -back to the success of a business. Explain how these backgrounds would affect entrepreneural activities. (20 Marks)
5 (a) Explain the factors that hinder the growth of youth entrepreneurs in Kenya. (10 Marks)
(b) Explain how women are hindered from growth and diversification in their entrepreneural activities. (10 Marks)
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