Dibm 0211: Principles Of Entreprenuership Question Paper
Dibm 0211: Principles Of Entreprenuership
Course:Diploma In Business Management
Institution: Chuka University question papers
Exam Year:2013
CHUKA
UNIVERSITY
UNIVERSITY EXAMINATIONS
FIRST YEAR EXAMINATIONS FOR THE AWARD OF DIPLOMA IN BUSINESS MANAGEMENT
DIBM 0211: PRINCIPLES OF ENTREPRENUERSHIP
STREAMS: DIBM Y1S2 TIME: 2 HOURS
DAY/DATE: WEDNESDAY 17/4/2013 8.30 AM – 10.30 AM
INSTRUCTIONS:
Answer question one and any other two questions.
QUESTION ONE (COMPULSORY)
1. (a) Distinguish between the following terms:
(i) Innovation and creativity [2 Marks]
(ii) Entrepreneurship and intrapreneurship [2 Marks]
(b) State and explain the personal characteristics of a successful entrepreneur.
[4 Marks]
(c) Any one planning to enter the world of entrepreneurship should be aware of its
potential drawbacks. Discuss the major potential drawbacks of entrepreneurship. [10 Marks]
(d) Highlight and explain the entrepreneurial process. [12 Marks]
QUESTION TWO
The absence of a conducive entrepreneurial climate has hampered the establishment of successful businesses capable of transforming the Kenya economy. Discuss the role of entrepreneurship in Kenya’s economic growth. [20 Marks]
QUESTION THREE
(a) Briefly explain the major sources finance for MSES in Kenya. [10 Marks]
(b) Using Maslow’s hierarchy of needs theory, briefly explain one business idea that you
world exploit at each level and how you would screen the ideas to select the most profitable. [10 Marks]
QUESTION FIVE
(a) What are the benefits of planning and record keeping to an entrepreneur? [10 Marks]
(b) Briefly explain the contents of the marketing section of the business plan. [10 Marks]
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