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Bmgt 111: Introduction To Business Question Paper

Bmgt 111: Introduction To Business

Course:Bachelor Of Commerce

Institution: Kabarak University question papers

Exam Year:2013

KABARAK
UNIVERSITY
UNIVERSITY EXAMINATIONS
2012/2013 ACADEMIC YEAR
FOR THE DEGREE OF BACHELOR OF COMMERCE

BMGT 111: INTRODUCTION TO BUSINESS
DAY: FRIDAY

DATE: 19/04/2013
TIME: 11.00 – 1.00 P.M.
STREAM: Y1S1
INSTRUCTIONS:

? Answer Question one and Any Other TWO Questions

SECTION A

Question 1
a) The concept of social responsibility requires organizations to respond to societal
goals. Could you outline these goals of society?

(10 Marks)

b) Briefly outline the pros and cons of social responsibility.
(10 marks)

c) Could you propose areas of social involvement by business that you think are
relevant to Kenya.

(10 marks)

SECTION B

Question 2
a) In detail explain the characteristics of partnerships as a form of business
ownership.

(10 marks)
b) Explain the characteristics of and functions of money.

(10 Marks)

Question 3
Describe the stages of business development giving the characteristics and possible
sources of funding at each stage

(20 marks)

Question 4
Organizations are becoming increasingly influenced by their external environment. In
what ways does the understanding of the external environment factors enable managers to
make better decisions?

(20 marks)

Question 5

(a)
What are ethics?

(5 Marks)

(b)
Why should managers behave ethically?

(5 marks)

(d)
What do you suggest to curb unethical behaviour?
(10 marks)

Bmgt 111: Introduction To Business Question Paper

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