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Entrepreneur Development And Growth(Entr 334) Question Paper

Entrepreneur Development And Growth(Entr 334)

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
The Managing director of ABC LTD company is finding it hard to effectively sustain profits from his enterprise.
a) Describe the main challenges faced by small enterprises. (15marks)
b) Explain the characteristics of small businesses. (15marks)

Question Two
a) Describe the main features of a partnership deed. (10marks)
b) There are limitations that are faced by partnership firms. Discuss these
limitations in detail giving relevant examples. (10marks)

Question Three
a) Explain the main components of strategy at corporate level. (10marks)
b) Describe the key factors affecting marketing in SMEs in Kenya.
(10marks)

Question Four
a) Explain how Financial Management in small enterprises is operated.
(10marks)
b) Describe challenges faced by small enterprises in managing human
resources. (10marks)

Question Five
Small enterprises are advised to identify and assess potential risk treatment. Discuss FOUR major categories of risk management. (20marks)

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