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Bud 005 Theories Of Entrepreneurship Question Paper

Bud 005 Theories Of Entrepreneurship

Course:Diploma In Business Management

Institution: Kca University question papers

Exam Year:2014

UNIVERSITY EXAMINATIONS: 2013/2014
STAGE II ORDINARY EXAMINATION FOR THE
CERTIFICATE/DIPLOMA IN BUSINESS MANAGEMENT
BUD 005 THEORIES OF ENTREPRENEURSHIP
DATE: APRIL 2014
TIME: 1 1/2 Hours
INSTRUCTION: Answer any THREE questions
QUESTION ONE: (20 MARKS)
a) Explain ten characteristics of a viable business idea.
(10 Marks)
b) An entrepreneur needs adequate finance to start and run a business successfully. Explain the
sources of business finance.
(10 Marks)
QUESTION TWO: (20 MARKS)
a) Time Management is very crucial to a careful entrepreneur. Describe ways an entrepreneur
can use to manage time effectively.
(10 Marks)
b) A business plan assists an entrepreneur achieve his business objectives. Discuss the
components of a good business plan.
(10 Marks)
QUESTION THREE: (20 MARKS)
a) Highlight ten factors that investors should take into account before investing in a business
firm.
(10 Marks)
b) Outline ten types of business risks a firm is exposed to and state how such risks can be
overcome.
(10 Marks)
QUESTION FOUR: (20 MARKS)
a) Discuss five advantages and five disadvantages of e-commerce. (10 Marks)
b) Explain the impact of HIV/AIDs on business. (10 Marks)
QUESTION FIVE: (20 MARKS)
a) Citing relevant examples highlight ten business opportunities that entrepreneurs could exploit
arising from 2014 FIFA WORLD CUP to be held in Brazil.
(10 Marks)
b) Outline ten measures that an entrepreneur would put in place to minimize bad debts arising
from dishonoured cheques issued by debtors.
(10 Marks)

Bud 005 Theories Of Entrepreneurship Question Paper

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