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Entrepreneurship (Entr 032) Question Paper

Entrepreneurship (Entr 032)

Course:Business Administration

Institution: Kenya Methodist University question papers

Exam Year:2012

TIME: 2 HOURS
INSTRUCTIONS:
Answer question one and any other two questions.
Question One
Identify and explain the characteristics of successful entrepreneur.
(10 marks)
Discuss the role of entrepreneurship in economic development in Kenya.
(10 marks)
Outline the differences between entrepreneurship and intrapreneurship.
(5 marks)
A business can only operate successfully with proper book-keeping records. Discuss.
(5 marks)

Question Two
Identify and explain the challenges faced by small businesses in Kenya.
(10 marks)
Discuss the sources of small new Business Financing.
(10 marks)

Question Three
Explain the reasons why some business fails.
(10 marks)
Discuss the key internal and external entrepreneurship behavior.

(10 marks)
Question Four
Briefly discuss the component of a business plan.
(10 marks)
Explain how one can identify a business opportunity.
(10 marks)

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