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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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