Buss 030:Business Studies Question Paper
Buss 030:Business Studies
Course:Diploma In Business Administration
Institution: Kenya Methodist University question papers
Exam Year:2011
FACULTY : EDUCATION & SOCIAL SCIENCES
DEPARTMENT : EDUCATION AND PRE-UNIVERSITY
TIME : 2 HOURS
INSTRUCTIONS Answer Question ONE and any Other TWO Questions
Question 1
a) Write short notes on:
i) Capital
ii) Customer
iii) Entreprenuer
iv) Inputs
v) Job enlargement
vi) Need & want (6marks)
b) Outline the major managerial functions and suggest how they are related to the functions of a business. (10marks)
c) Explain what we mean by
i) Efficient manager (2marks)
ii) Effective manager (2marks)
Question 2
a) What is a partnership? (5marks)
b) Critically discuss the principal advantages and disadvantages of partnership. (15marks)
Question 3
a) State and explain the 4pcs of production management. (10marks)
b) What are some of the qualities of a businessman? (10marks)
Question 4
a) Give and explain the functions of the personnel manager. (10marks)
b) Highlight some of the criticisms of Business. (10marks)
Question 5
a) Discuss the importance of marketing in Kenya. (10marks)
b) Define:-
i) Liabilities
ii) Capital
iii) Assets
iv) Economy
v) Budget. (10marks)
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