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Bmgt/Bmit 111 – Introduction To Business Question Paper

Bmgt/Bmit 111 – Introduction To Business

Course:Bachelor Of Business Management And Information Technology

Institution: Kabarak University question papers

Exam Year:2012

KABARAK
UNIVERSITY
UNIVERSITY EXAMINATIONS
2011/2012 ACADEMIC YEAR
FOR THE DEGREE OF BACHELOR OF COMMERCE AND
BACHELOR OF BUSINESS MANAGEMENT AND
INFORMATION TECHNOLOGY
BMGT/BMIT 111 – INTRODUCTION TO BUSINESS
DAY: FRIDAY

DATE: 23/03/2012
TIME: 2.00 – 5.00 P.M.

STREAM Y1S1

INSTRUCTIONS:

Answer Question one and Any Other Two Questions

Question One
a) Write short notes on: Definition of Business, Risk, Economic Activities, and
Production. (12 Marks)
b) In detail and using an illustration explain the rationale of doing business.
(18 marks)

Question Two
a) In detail explain the major activities engaged in a business. (10 Marks)
b) Define utility and explain the various types of the same that exist. (10 Marks)

Question Three
a) In detail explain the characteristics of partnerships as a form of business
ownership. (10 marks)
b) Explain the evolution of money. (10 Marks)

Question Four
a) In detail explain the major functions of management in a business. (10 marks)
b) Discuss the problems facing the growth of small and medium enterprises in
Kenya. (10 Marks).

Question Five
Define and explain the meaning of corporate social responsibility and give both
arguments for and against for the same. (20 marks)

Bmgt/Bmit 111 – Introduction To Business Question Paper

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