Cfu 100: Business Studies Question Paper
Cfu 100: Business Studies
Course:Bachelor Of Commerce
Institution: Kca University question papers
Exam Year:2009
1
UNIVERSITY EXAMINATIONS: 2009/2010
FIRST YEAR STAGE 1 EXAMINATION FOR THE DEGREE OF
BACHELOR OF COMMERCE
CFU 100: BUSINESS STUDIES (DAY&EVENING CLASS)
DATE: DECEMBER 2009 TIME: 2 HOURS
INSTRUCTIONS: Answer ONE and Any other TWO Questions
QUESTION ONE
As a business student at KCA University you have been asked to train young entrepreneurs who want
to establish businesses.
a) Briefly explain to them the possible forms of business ownership they can adapt.
[10 Marks]
b) Identify for them the main steps of establishing a business. [10 Marks]
c) Identify the possible Problems they will encountered when starting and running their
enterprises [10 Marks ]
QUESTION TWO
a) Discuss the basic management functions. [8 Marks]
b) Marketing management functions has evolved through various philosophies or approaches.
Identify these approaches briefly explaining the thinking in each of them.
[12 Marks]
QUESTION THREE
a) Define business ethics [2 Marks]
b) What benefits would a business obtain by conducting business ethically? [8 Marks]
2
c) In the Social Responsibility Debate, a number of arguments have been often expressed.
Explain:
i). Major arguments for Social Responsibility. [5 Marks]
ii). Major arguments against Social Responsibility. [5 Marks]
QUESTION FOUR
a) Discuss the main objectives of human resource planning [10 Marks]
b) Discuss the common mistakes business owners make when writing a business plans.
[10 Marks]
QUESTION FIVE
a) Identify and discuss the Internal economies of scale [12 Marks]
b) Discuss the following methods of production [8 Marks]
i) Job production method
ii) Flow production method
iii) Batch production method
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