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Small Business And Consultancy (Entr 543) Question Paper

Small Business And Consultancy (Entr 543)

Course:Business Administration

Institution: Kenya Methodist University question papers

Exam Year:2013

TIME: 3 HOURS
Instructions
Answer question one and any other three questions.
Case Study
The State of Kenyan Youths
Youth represents 30 per cent of Kenya’s population and their unemployment is twice the country’s average. Almost one third of Kenyans are between 15 and 29 years and the total reached almost 11 million people in 2006 (compared to 8.5 million in 1999)
According to the KPLA this age cohort is now at historical high in absolute and relative terms). Youth in Kenya face serious challenges including high rates of unemployment and under employment. The overall unemployment for the youth is double the adult average at about 21 per cent. Statistics on joblessness suggest that the magnitude of the unemployment problem is larger for youth with 38 per cent of youth neither in school nor working (aggregated the rates of reported unemployment and inactivity) The violence in early 2008 highlighted the critical importance of addressing and in particular the increasing problem of idle youth.
In addition the country social analysis (World Bank 2007) found that youths unemployed, especially among males is a major contributor to frustration and tension and particular in urban areas. Clearly unemployment among the youth has now become a matter of serious policy concern in the country. Evidence form previous analytical work show that lack of action on the challenges that affect the youth will escalate both the social and economic costs of development in Kenya.
Question One
What should be done to inculcate an entrepreneurial culture among the youth in Kenya.
Give suggestion on how the problem of unemployment among the Kenyan youth can be solved.
How can the large number of the unemployed youths identify viable business ideas.
Discuss five sources of funds that up coming small business owners can use for business start up.

Question Two
What role does marketing play in ensuring the success of a small business?
(10 marks)
Determine corporate social responsibility and discuss ways in which small scale enterprises may implement corporate social responsibility (CSR) principles in the community.
(5 marks)

Question Three
John intends to set-up a small business firm after completing his MBA course. Discuss the important skills that John should have to ensure success of his firm.
(10 marks)
Discuss the advantages of starting up a business from scratch as opposed to inheriting an already existing business.
(5 marks)

Question Four
Discuss the important elements involved in problem diagnosis in consultancy highlighting on why it is an important part of the consulting process.
(10 marks)
Explain the entrepreneurial and the managerial competencies that are required in ensuring the success of a small business.
(5 marks)

Question Five
Kenya may drastically fail to achieve its dreams spelt out in vision 2030 without a well developed and growth oriented small businesses. Argue for or against the views expressed by such experts.
(10 marks)
Discuss five factors that can contribute to client – consultant failure.

(5 marks)

Small Business And Consultancy (Entr 543) Question Paper

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