Bit 2306 Entrepreneurship Question Paper
Bit 2306 Entrepreneurship
Course:Bachelor Of Science In Information Technology
Institution: Kca University question papers
Exam Year:2014
UNIVERSITY EXAMINATIONS: 2013/2014 ORDINARY EXAMINATION FOR THE BACHELOR OF SCIENCE IN INFORMATION TECHNOLOGY BIT 2306 ENTREPRENEURSHIP DATE: APRIL, 2014 TIME: 2 HOURS INSTRUCTIONS: Answer Question ONE and any other TWO QUESTION ONE
(a) Define the following terms
(i) Entrepreneurship (2 Marks) (ii) Entrapreneurship (2 Marks) (iii) Entrepreneur (2 Marks)
(b) Explain some of the advantages of self employment (10 Marks)
(c) Explain why the Kenyan government is emphasizing on entrepreneurship growth in the country. (10 Marks)
(d) Differentiate between innovation and invention as it applied to the process of entrepreneurship (4 Marks)
QUESTION TWO
(a) Explain some of the initiatives the government is putting in place to promote small enterprises in Kenya. (10 Marks)
(b) Generating a good business idea is the first step in starting and becoming self employed. Explain the major characteristics of a good business idea. (10 Marks)
QUESTION THREE
(a) An entrepreneur can only be relevant in the market if he/she remains updated with the current technology. Discuss the impact of technology to entrepreneurs
(20 Marks)
2
QUESTION FOUR
(a) Explain the importance of a budget to an entrepreneur. (5 Marks)
(b) Identify the major sources of capital available to an entrepreneur today in Kenya.
(c) Explain some of the factors an entrepreneur needs to consider before selecting an appropriate form of business ownership (10 Marks)
QUESTION FIVE
(a) Give reasons explaining why business ideas should be protected. (5 Marks)
(b) Identify any five ways of protecting business ideas and secrets. (5 Marks)
(c) Explain any five benefits that accrue to an entrepreneur from preparing a business plan. (10 Marks)
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