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Entrepreneurship (Entr 032)  Question Paper

Entrepreneurship (Entr 032)  

Course:Business Administration

Institution: Kenya Methodist University question papers

Exam Year:2013



TIME: 2 HOURS
INSTRUCTIONS
Answer question one and any other two questions
Question One
Briefly describe the term intra-preneurship and show how it differs with entrepreneurship
(4 marks)
What is the importance of business planning to an entrepreneur? (8 Marks)
Using relevant examples, discuss ways in which the government of Kenya can promote the entrepreneurial spirit of its citizens.
(10 Marks)
Discuss the key legal forms of owning and operating business enterprises in Kenya
(8 Marks)

Question Two
Discuss the factors that must be taken into consideration before implementation of any business enterprise
(10 marks)
Highlight and explain the personal characteristics that are found featuring in the lives of most entrepreneurs
(10 marks)

Question Three
Discuss the various challenges that hamper the expansion and survival of small scale enterprises in Kenya.
(10 Marks)
For entrepreneurs starting up what would be the advantages of buying an established business
(10 marks)

Question Four
State and explain the phases of the entrepreneurial process.
(10 Marks)
Discuss the main sources of funds for start up entrepreneurs
(10 marks)

Question Five
Briefly describe the various types of entrepreneurs according to the type and nature of business they operate
(10 marks)
Discuss the various methods aspiring entrepreneurs can use to generate business ideas
(10 marks)




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