Aba 101:Introduction To Business Studies Question Paper
Aba 101:Introduction To Business Studies
Course:Bachelor Of Business Administration
Institution: Maseno University question papers
Exam Year:2012
MASENO UNIVERSITY
ABA 101:INTRODUCTION TO BUSINESS STUDIES
QUESTION 1
a)Organizations are becoming increasingly influenced by their external environment.In what ways does the understanding of external environmental factors enable managers to make better decisions?10 mks
b)Define the term business and discuss the features of a business. 6mks
c)Explain how business benefits the society.6mks
d)Explain the advantages and disadvantages of sole proprietorship and partnership. 8mks
QUESTION 2
a)Discuss the functions of management. 10mks
b)Distinguish between ordinary shares and preference shares. 6mks
c)Explain theories of Business ethics. 4mks
QUESTION 3
a)Business objectives must be SMART .Explain the meaning of SMART.10mks
b)Describe the means of payment that a trader can use to settle business debts. 10mks
QUESTIONS 4
a)Explain the factors that affect the choice of distribution channel.10mks
b)Briefly explain the role of Nairobi Stock Exchange. 5mks
c)Describe Corporate Social Responsibility giving examples of its practice in Kenya 5mks
QUESTION 5
a)Explain the role of government in business. 10mks
b)Describe the five types of stakeholders /public. 10mks
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