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Small Enterprise Policy And Strategy Formulation(Entr 332)  Question Paper

Small Enterprise Policy And Strategy Formulation(Entr 332)  

Course:Business Administration

Institution: Kenya Methodist University question papers

Exam Year:2010



TIME : 2 HOURS
INSTRUCTIONS Answer Question ONE and any Other TWO Questions

Question 1
a) Define the following terms
i) Small Enterprises (2 marks)
ii) Employment (2 marks)
iii) Entrepreneurship (2 marks)
iv) Policy (2 marks)
v) Technical Assistance (2 marks)
b) Small enterprises are very important to the economy, suggest five major importance’s of SMEs to the Kenyan Economy? (10 marks)
c) Cultural change is important to promote enterprise development in Kenya, prescribe five major ways the culture can be changed in Kenya? (10 marks)
d) There is general poor response by SMEs to the policies developed for them in Kenya suggest the reasons as to why this status exists. (10 marks)

Question 2
a) Analyses the non-financial support programs used in Kenya to promote the growth and development of small enterprises in Kenya. (15 marks)
b) There are various impediments towards savings in Kenya, state and explain five of them that affect small enterprises. (15 marks)

Question 3
a) Suggest fiscal and monetary policies that are used in Kenya since 1997 that promote small enterprise development and growth. (15 marks)
b) Gramean Bank Model is praised everywhere in the world, suggest whether the model can be used in the Kenyan context and how it can be used. (15 marks)

Question 4
a) Analyses the success of Youth Fund as a means of developing small enterprises in Kenya. (15 marks)
b) SMEs are part of the Vision 2030 suggest what should be done to the sector to be part of the pillars of achieving Vision 2030. (15 marks)






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