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Entrepreneurship And Small Business Management Question Paper

Entrepreneurship And Small Business Management

Course:Bachelor Of Commerce

Institution: Kca University question papers

Exam Year:2010

UNIVERSITY EXAMINATIONS: 2009/2010
SECOND YEAR EXAMINATION FOR THE DEGREE OF BACHELOR OF
COMMERCE
CAM 206: ENTREPRENEURSHIP AND SMALL BUSINESS MANAGEMENT-
(DAY & EVENING)
DATE: AUGUST 2010 TIME: 2 HOURS
INSTRUCTIONS: Answer question ONE and any other TWO questions
QUESTION ONE
a) Explain how an entrepreneur can employ Abraham Maslow’s theory of motivation to enhance
entrepreneurial behaviour at each stage of the entrepreneurship process. (10 Marks)
b) Explain five entrepreneurial roles and the different skills an entrepreneur requires to perform each
role. (10 Marks)
c) Explain two uses of finance at each stage of the business life cycle. Avoid repeating the same uses
for each stage. (10 Marks)
QUESTION TWO
a) Explain five possible reasons why people venture into self employment. (10 Marks)
b) Compare and contrast the key issues in taking the entrepreneurial option between a start up and a
management buyout. (10 Marks)
QUESTION THREE
a) What are the implications of prospective entrepreneurs analyzing and evaluating the business
opportunity? (10 Marks)
2
b) Explain five factors that could determine the entrepreneur’s choice of business ownership.
(10 Marks)
QUESTION FOUR
a) How would you advice an entrepreneur to measure the window for a new importing opportunity?
(10 Marks)
b) Analyse five ways through which SBEs, with their limited resources, can compete effectively with
large enterprises. (10 Marks)
QUESTION FIVE
a) Analyze five factors an entrepreneur should take into consideration when selecting the sources of
business finance for his/her business. (10 Marks)
b) Analyze five ways through which information technology can give an entrepreneur a competitive
advantage. (10 Marks)

Entrepreneurship And Small Business Management Question Paper

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