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Buss 348:Business And Government Question Paper

Buss 348:Business And Government

Course:Business Administration

Institution: Kenya Methodist University question papers

Exam Year:2011

SCHOOL : SCHOOL OF BUSINESS AND ECONOMICS

DEPARTMENT : BUSINESS ADMINISTRATION

TIME : 2 HOURS

INSTRUCTIONS • Answer Question ONE and any Other TWO Questions

Question 1

Briefly, explain the following terms: i) Public revenue (5marks) ii) Privatization (5marks) iii) Government and Business clash of ethics. (10marks)

Question 2

a) Budget is an instrument of planning, discuss how the government uses taxes. (10marks)

b) Discuss the advantages and disadvantages of East Africa regional economic integration. (10marks)

Question 3

a) Discuss THREE areas that the Government provides National welfare to its citizen. (10marks)

b) Explain measures taken by the government to protect the society from exploitation. (10marks)

Question 4

a) Discuss the scope of the government relations with business as explained by George Steiner. (12marks)

b) Explain the main principles of public expenditure. (8marks)

Question 5

a) Describe the behaviour of price and market mechanism in creating economic freedom and efficiency. (10marks)

b) Discuss the main roles of the International Monetary fund in the developing countries. (10marks)

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