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Small Enterprise Policy And Strategy Formulation (Entr 335) Question Paper

Small Enterprise Policy And Strategy Formulation (Entr 335)

Course:Business Administration

Institution: Kenya Methodist University question papers

Exam Year:2013

TIME: 2 HOURS
Instructions:
Question One
As a potential policy developer, explain the main criteria you would use to define the various categories of SMEs in Kenya briefly discussing the types of small businesses these entrepreneurs are engaged in.
(10 marks)
Based on the mode and facilities of the small businesses in Kenya, describe the major salient features and characteristics of these entrepreneurs.
(10 marks)
Highlight and briefly discuss major constraints and barriers faced by SMEs in Kenya and suggest possible policy interventions that may address some of these challenges.
(10 marks)

Question Two
Given a chance to sit in the policy making panel, what characteristics would you consider in a good policy.
(8 marks)
What in your view is the importance of policies?
(6 marks)
Explain the meaning of strategy and its relationship to policy.
(6 marks)

Question Three
Policy making may be undertaken at many different levels, identify and briefly discuss some of the major levels.
(6 marks)
Describe the stages in a standardized version of a policy cycle.
(5 marks)
Highlight the three approaches of formulating a National Strategy.

(9 marks)

Question Four
The government of Kenya has taken a number of intervention measures in terms of policy to alleviate SMEs. Describe some of these measures.
(8 marks)
Distinguish between the direct and indirect intervention measures that have been undertaken citing the advantages and disadvantages of each as far as policy evaluation is concerned.
(6 marks)
Highlight the major areas of concern while developing SME policies.
(6 marks)

Question Five
Explain some of the macro-economic policies that affect the level and demand structure of SMEs in Kenya.
(7 marks)
Analyze the challenges of enterprise policy execution in Kenya.
(8 marks)
In your own opinion, what can be done to address the challenges of policy implementation in Kenya.
(5 marks)

Small Enterprise Policy And Strategy Formulation (Entr 335) Question Paper

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