Dba0212:Entrepreneurship Skills Question Paper
Dba0212:Entrepreneurship Skills
Course:Diploma In Agriculture
Institution: Meru University Of Science And Technology question papers
Exam Year:2011
QUESTION ONE – (30 MARKS)
(a) A business opportunity is an attractive project idea which an entrepreneur accepts as a basis for investment opportunity. (i) Describe characteristics of a good business opportunity. (5 Marks) (ii) Highlight various sources of business skills. (5 Marks) (b) Briefly explain Joseph Schumpeter’s views of innovation as an important dimension of entrepreneurship. (5 Marks) (c) State five stages of business enterprise growth. (5 Marks) (d) Explain five internal and five external factors that influence entrepreneurial motivation towards entrepreneurship. (10 Marks)
QUESTION TWO – (20 MARKS)
(a) Both entrepreneurship and small business activities are beneficial to an economy in various ways. Using relevant examples, discuss the benefits. (15 Marks) (b) Enumerate the roles of non-governmental organizations in entrepreneurship and small business activities in Kenya (5 Marks)
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QUESTION THREE – (15 MARKS)
(a) Describe five major changes that create opportunities for entrepreneurs. (10 Marks) (b) Business finance is needed at various stages and for various purposes. Highlight ten such purposes. (10 Marks)
QUESTION FOUR – (20 MARKS)
Evaluate five disadvantages of:
(a) Sole proprietorship (b) Partnership (c) Limited company (d) Public corporations (20 Marks)
QUESTION FIVE – (20 MARKS)
Write short notes on:
(a) Psychological theory of entrepreneurship (5 Marks) (b) Sociological theory of entrepreneurship (5 Marks) (c) Internal motivation (5 Marks) (d) External motivation (5 Marks)
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