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Hrd2401:Entrepreneurship Skills Question Paper

Hrd2401:Entrepreneurship Skills

Course:Bachelor Of Supplies Management

Institution: Meru University Of Science And Technology question papers

Exam Year:2014

QUESTION ONE – (30 MARKS)
(a) Define the following terms as used in entrepreneurship: (i) Entrepreneurship (2 Marks) (ii) Intrapreneurship (2 Marks) (b) Highlight five reasons that has made intrapreneurship to rise in the last decade (5 Marks) (c) Enumerate six common characteristics of a good business idea. (5 Marks) (d) Briefly discuss five advantages of a business plan to financiers and other readers. (5 Marks) (e) Enumerate five qualities of a good business site. (5 Marks) (f) Give five problems that are associated with small enterprises. (5 Marks)
QUESTION TWO – (20 MARKS)
(a) Discuss five sources of entrepreneurial finances. (10 Marks) (b) Small firm/businesses are associated with entrepreneurship for several reasons: (i) Define the term small business. (2 Marks) (ii) Discuss the role of small business in entrepreneurship development . (8 Marks)
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QUESTION THREE – (20 MARKS)
(a) Sessional paper No2 of 1992 on small enterprise and Jua Kali development in Kenya discussed/highlighted several issues. Discuss any five of these issues. (10 Marks) (b) Explain the responsibilities of the owner/manager in human resource management. (10 Marks)
QUESTION FOUR – (20 MARKS)
(a) Patents are for the purpose of protecting an original idea and the individual who had that idea. Discuss any five types of patents. (10 Marks) (b) Explain the elements of a business plan. (10 Marks)
QUESTION FIVE – (20 MARKS)
(a) Briefly discuss the four theories of entrepreneurship. (8 Marks) (b) Highlight six characteristics of entrepreneurship (6 Marks) (c) Explain any six means of generating a business idea. (6 Marks)

Hrd2401:Entrepreneurship Skills Question Paper

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