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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