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)
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