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Bmgt 111: Introduction To Business Question Paper

Bmgt 111: Introduction To Business

Course:Bachelor Of Commerce

Institution: Kabarak University question papers

Exam Year:2009

COURSE CODE: BMGT 111
COURSE TITLE: INTRODUCTION TO BUSINESS
STREAM: Y1S1
Instructions
Answer Question ONE and Any other TWO
1. (a) Discuss how the following environmental variables create opportunities and
threats to the business operations in Kenya.
(i) Political/legal environment (7mks)
(ii) Social/cultural environment (6mks)
(iii)Competitive environment (5mks)
(iv) Physical environment (5mks)
(b) Explain what is meant by ethical business behaviour and state why business
should strive to act ethically. (7mks)

2. (a) A group of horticulture farmers from Eldama Ravine District are in the process of
forming a public company as a way of increasing their returns in the farm
enterprise. However they are not sure how to go about the process of registration.
You have been approached for advice on the way forward.
(i) Discuss the pertinent issues that you will highlight to assist the farmers in this
exercise. (8mks)
(ii) Explain any potential benefits and limitations of operating public company.
(6mks)
(b) Discuss with the farmers the importance of trying co-operatives as a form of
business. (6mks)
3. (a) A recent graduate of Kabarak University has identified a very lucrative export
business opportunity to European Union but has hit a snug on financing the
opportunity. What suggestions can you give the graduate as possible sources of
Finance available for small scale business in Kenya. (10mks)
(b) Discuss the role of the stock exchange in the economic development of Kenya.
(10mks)
4. (a) Discuss how the main managerial functions are exercised by both businesses and
Non-Businesses Organizations. (10mks)
(b) Explain what is meant by business social responsibility and state why business
should be socially responsible.

Bmgt 111: Introduction To Business Question Paper

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