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Entrepreneurship E(Entr 032) Question Paper

Entrepreneurship E(Entr 032)

Course:Business Administration

Institution: Kenya Methodist University question papers

Exam Year:2013

TIME: 2 HOURS
INSTRUCTIONS
Answer question one (compulsory) and any other two questions
Question One
Entrepreneurship acts as a critical factor for accelerating the economic development of any county. Discuss the benefits of entrepreneurship in Kenya
(10 marks)
Explain five reasons why people strive to start their own enterprises
(10 marks)
Though entrepreneurs are independent and make free choices of what to respond to, they build teams. Outline the role of an entrepreneur as a leader of an enterprise
(10 marks)

Question Two
The government of Kenya plans a facilitative role in ensuring that small and medium enterprises are a success. Explain the role of the government in facilitating the growth of small businesses.
(10 Marks)
Discuss the benefits of sole proprietorship in entrepreneurship
(10 marks)

Question Three
Explain the various methods through which business ideas may be generated by an entrepreneur
(10 marks)
Explain five factors that hinder the growth of small and medium enterprises in Kenya.
(10 marks)

Question Four
Successful entrepreneurs are characterized by many traits. Discuss five such traits and highlight how each contributes to business success.
(10 marks)
Citing relevant examples, explain five factors that entrepreneurs consider when selecting suitable markers in their businesses
(10 Marks)

Question Five
(i) A business plan is a written document that entrepreneurs should have to guide decision making in their enterprises. Explain the benefits of writing a business plan
(10 marks)
(ii) Discuss the various elements in the marketing plan component of a business plan (10 marks)

Entrepreneurship E(Entr 032) Question Paper

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