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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
Explain five characteristics of social entrepreneur.
(5 Marks)
Discuss the precaution you would take when using a business plan to overcome you challenges
(10 Marks)
Explain five factors you would consider as an entrepreneur when choosing a source of finance.
(5 marks)

Question Two
Explain the role of an entrepreneur in his business.
(10 marks)
Explain whether innovation is an asset or a liability in business.
(10 marks)

Question Three
Explain five internal motivators that influence one to start a business.
(10 marks)
Distinguish entrepreneurship from intrapreneurship.
(4 Marks)
State six characteristics of small business.
(6 Marks)

Question Four
Write short notes on the following concepts of entrepreneurship
Creativity
Enterprise culture
Incubation
Social venture
Equity financing
(10 Marks)

Question Five
Discuss the entrepreneurial process citing relevant examples where necessary. (20 Marks)

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