Get premium membership and access revision papers, questions with answers as well as video lessons.

Entrepreneurship Growth And Development(Entr 331) Question Paper

Entrepreneurship Growth And Development(Entr 331)

Course:Business Administration

Institution: Kenya Methodist University question papers

Exam Year:2011

TIME: 2 HOURS
Instructions: Answer Question ONE and any other TWO Question.
Question One
Becoming a more successful entrepreneur.
Your desire to build a creatively agile company on a firm belief that innovation will help you and your new company succeed.
Learning how to be more innovative is like learning any skill: You can gain expertise over time . Starting small can help deal with skeptism among staff and your own uncertainty. Begin by trying some techniques by yourself or with a few colleagues. By innovative techniques and attitudes, you will gain the confidence and skill to build the company that includes everyone in its creative practice. Remember the goal is always to find a way to tap the creativity of everyone in your company for effective innovative.
Required:
Suggest the skills and attitude that will promote development and growth of an entrepreneurial business entity.
(6 Marks)

Explain any FOUR sources that can help an entrepreneur catalyze growth ambitions of an enterprise.
(10 Marks)

Discuss the importance of any FOUR creative problem solving techniques that can help overcome the fear of innovation and creativity to grow an entrepreneurial business entity.
(8 Marks)

Differentiate between causation and effectuation process and illustrate how the effectuation process can be used to enhance entrepreneurial decision making process in an environment of uncertainty.
(6 Marks)

Question Two
Discuss in detail the factors that need to be considered to promote the growth and development of a given business entity. (20 Marks)

Question Three
Explain with relevant examples the importance of the following to an entrepreneur.
Micro environment
(3 Marks)
Patent
(4 Marks)
Industry Environment
(3 Marks)

Explain what you understand by entrepreneurial resource with illustrations relevant of resources that can act as drivers of growth of a given business entity.
(10 Marks)

Question Four
Discuss influence of government in the development and growth of entrepreneurship in Kenya. (20 Marks)

Question Five
Explained your understanding of policies and procedures with in setting of a small business entity.
(5 Marks)

Evaluate the pros and cons of policy and procedure practice as a driver of business development and growth of entrepreneurs.
(15 Marks)

Entrepreneurship Growth And Development(Entr 331) Question Paper

More Question Papers

Popular Exams

Mid Term Exams

End Term 1 Exams

End Term 3 Exams

Opener Exams

Full Set Exams