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Bmgt 111: Introduction To Business April 2010 December 2010 Question Paper

Bmgt 111: Introduction To Business April 2010 December 2010

Course:Bachelor Of Commerce

Institution: Kabarak University question papers

Exam Year:2010

COURSE CODE: BMGT 111
COURSE TITLE: INTRODUCTION TO BUSINESS
STREAM: Y1S1

INSTRUCTIONS
Answer question ONE and any other THREE

exhausted and many of the members had lost interest. No loan repayments had been made and
Few if any of the customers were satisfied with the goods that they had purchased; although all
Was not lost, the original high hopes of the women, and of those who had promoted and
supported this society, seemed unlikely to be realized.
Questions:
1. Summarize the facts given in this case (11/2 pages at most) (10 marks)
2. From the statement,” …After some months of operation the society appeared close to
disaster…” what does this statement imply? (5 marks)
3. Using the information provided in this case discuss the role of cooperatives in a development
Country like Kenya (10 marks)
QUESTION TWO (15 MARKS)
What is a business Organization? With the help of specific examples, discuss the main objectives
business organizations in Kenya.
QUESTION THREE (15 MARKS)
Distinquish between the following:
(a) private sector and public sector
(b) Partnerships and limited liability companies
(c) Articles of Association and Memorandum of Understanding
(d) Ordinary shares and preference shares
(e) Jobbers and Brokers
QUESTION FOUR (15 MARKS)
Write short notes on the following analyzing their role in society:
(a) Business Ethics (5 marks)
(b) Stock Exchange (5 marks)

(c) Insurance companies (5 marks)
QUESTION FIVE (15 MARKS)
The Kenya Government is gearing towards visions 2030 with full speed. Discuss the role of the
Private sector is accelerating this process.

Bmgt 111: Introduction To Business April 2010 December 2010 Question Paper

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