Bmgt 111: Introduction To Business March 2010 Question Paper
Bmgt 111: Introduction To Business March 2010
Course:Bachelor Of Commerce
Institution: Kabarak University question papers
Exam Year:2010
INSTRUCTIONS:
1.) Answer question ONE. And any other TWO questions.
QUESTION 1
Explain the impact of the following environment forces on the success or failer of
business operations in Kenya.
(a) Political/legal systems. (8 marks)
(b) Social/cultural environment. (8 marks)
(c) Competitive. (6 marks)
(d) Demographic. (8 marks)
QUESTION 2
Discuss how the following factors production can influence the operations of business in
Kenya.
(a) Land . (5 marks)
(b) Capital. (5 marks)
(c) Labour. (5 marks)
(d) Entrepreneurship (5 marks)
QUESTION 3
a) (i) Define the term “money”. (2 marks)
(ii) Identify the qualities of money. (4 marks)
(iii) Explain the function of money. (4 marks)
b) What is the role of Commercial Banks in operating medium size Businesses in
Kenya? (10 marks)
QUESTION 4
(a) Managerial Functions are related to the function of any business organization.
Discuss. (20 marks)
(b) Give reasons why businesses organizations in Kenya should be concerned with
Ethical behavior. (5 marks)
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