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Hbc2102:Introduction To Business Question Paper

Hbc2102:Introduction To Business

Course:Bachelor Of Commerce

Institution: Meru University Of Science And Technology question papers

Exam Year:2013

QUESTION ONE (30 MARKS)
(a) Discuss five steps involved in setting up a business enterprise. (10 Marks) (b) The government plays an important role in creating a conducive environment in which business people are able to start and sustain their businesses. Explain four ways in which the government creates an enabling environment. (8 Marks) (c) Discuss four characteristics of services (12 Marks)
QUESTION TWO (20 MARKS)
(a) Discuss any five problems that a firm may experience in implementing the marketing concept. (10 Marks) (b) Explain five advantages of sole proprietorships. (10 Marks)
QUESTION THEE (20 MARKS)
The external environment to an enterprise is important to all managers. Any manager cannot avoid being influenced by the external environment in light of the above discuss the following:
(a) Political and legal factors. (5 Marks) (b) Economic factors (5 Marks)

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(c) Social – cultural factors (5 Marks) (d) Technological factors. (5 Marks)
QUESTION FOUR (20 MARKS)
(a) Discuss five ways through which a co-operative society can raise its capital. (10 Marks) (b) Explain five reasons for government involvement in business activities. (10 Marks)
QUESTION FIVE (20 MARKS)
(a) Discuss four circumstances that could lead to dissolution of a limited liability company. (8 Marks) (b) Write short notes on: (i) Franchising (3 Marks) (ii) Social responsibility (3 Marks) (iii) E-commerce (3 Marks) (iv) Commercial attache (3 Marks)

Hbc2102:Introduction To Business Question Paper

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