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Fundamentals Of Entrepreneurship B(Buss 221) Question Paper

Fundamentals Of Entrepreneurship B(Buss 221)

Course:Education

Institution: Kenya Methodist University question papers

Exam Year:2012

TIME : 2 HOURS

INSTRUCTIONS
Answer ALL questions in section A and choose TWO questions in section B.
SECTION A
Question One
Enumerate FIVE roles of an entrepreneur in business growth. (5 Marks)

Question Two
Outline five sources of finance during the start up phase of a business. (5 Marks)

Question three
Describe the content entailed in the marketing and financial sections of a business plan. (10 Marks)

Question Four
Mr. Kimunya is aspiring to venture into business and he has a number of business opportunities to choose from. He would like to evaluate them before committing resources. How can he go about it? (10 Marks)

SECTION B
Question One
Explain briefly five important characteristics of a potential entrepreneur.
(10 Marks)

Is an entrepreneur made or born. Discuss using any of the theories of entrepreneurship.
(10 Marks)

Question Two
Explain the disadvantages of family inherited venture as a business start up strategy.
(5 Marks)

Using relevant examples, discuss the factors negatively affecting entrepreneurship growth in developing countries.
(10 Marks)

Question Three
Explain how lenders evaluate the SME’s credit worthiness.
(5 Marks)

Discuss the key internal and external motivation factors that may enhance entrepreneurial behavior.
(10 Mark)

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