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:2009
End of Term Exams
Time: 2 Hours
Answer All The Questions
1 (a) Define the following terms as used in entrepreneurship education.
(i) Business opportunity (3 Marks)
(ii) Market survey (3 Marks)
(iii)Self-employment (3 Marks)
(iv) Entrepreneurs (3 Marks)
(v) Whole selling (3 Marks)
(b) Explain any FIVE 5 sources of managerial skills. (10 Marks)
2 (a) State and explain any five roles of entrepreneurs in a business. (10 Marks)
(b) Explain the factors which assist one to identify a business opportunity. (15 Marks)
3 (a) State the steps followed when conducting a market survey. (15 Marks)
(b) Outline the diffenrences between primary and secondary data. (10 Marks)
4 (a) Explain how the following assist an entrepreneur to knowing his competitors.
(i) Identifying of competitors (3 Marks)
(ii) Analyzing the competition (3 Marks)
(iii) Comparing the proposed operation with competitors (3 Marks)
(iv) Others existing business (3 Marks)
(b) Explain the information needed when choosing a business location. (13 Marks)
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