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Specialization Paper:Entrepreneurship And Sme Management February 2011 Question Paper

Specialization Paper:Entrepreneurship And Sme Management February 2011

Course:Doctor Of Philosophy

Institution: Kabarak University question papers

Exam Year:2011

KABARAK UNIVERSITY
UNIVERSITY EXAMINATIONS
2010/2011 ACADEMIC YEAR

INSTRUCTIONS:
Answer question ONE and any other TWO questions

1. What is entrepreneurship?
a) With the aid of specific references, trace the theoretical and practical foundations
and development of entrepreneurship as a discipline of study since the late
18th Century to date.
b) Evaluate the relevance in enhancing the enterprise culture for a developing nation
like Kenya which is aiming at meeting its mandates and obligations to her citizens –
making the country a industrialized nation. (20 Marks)

2. “The government of Kenya has done very little to enhance the role of the SME sector as
an ‘engine’ for development” (Unknown). Do you agree with this statement? Discuss
your response to this question by analyzing relevant policy and legislation enacted by the
government; include both controversial issues and insights into the role of government.
(20 Marks)

3. Research has shown that over 50% of small enterprises that start in a year do not usually
celebrate their 2nd birthday anniversary due to a number of reasons. Why do businesses
fail? With reference to relevant literature, respond to these questions in response to this
challenge:
a) Discuss the concept and role of strategic planning with regard SMEs
b) Analyze the four-stage growth model of entrepreneurship
c) Discuss the fundamentals of a good feasibility or business plan. (20 Marks)

4. For the Kenya to industrialize and achieve Vision 2030, it has to exploit her human capital
maximally. This involves developing and nurturing the spirit of creativity and innovation
among the graduates from her education system – primary, secondary and tertiary
institutions. With the use of appropriate literature references:
a) Explain the meaning and process of creativity.
b) Analyze the major changes that create opportunities for entrepreneurs.
c) Discuss the role of innovation as an important aspect of entrepreneurship.
d) Evaluate the factors that lead to new business success. (20 Marks)

Specialization Paper:Entrepreneurship And Sme Management February 2011 Question Paper

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