Economics Of Entrepreneurship Question Paper
Economics Of Entrepreneurship
Course:Master Of Business Administration
Institution: Kenyatta University question papers
Exam Year:2008
KENYATTA UNIVERSITY
UNIVERSITY EXAMINATIONS 2007/2008
INSTITUTE OF OPEN LEARNING
FIRST SEMESTER EXAMINATION FOR THE DEGREE OF MASTER OF
BUSINESS ADMINISTRATION
BBA 607: ECONOMICS OF ENTREPRENEURSHIP
DATE:TUESDAY 8th JANUARY 2008 TIME: 1.00PM – 3.00PM
INSTRUCTIONS:
Answer THREE questions only.
Q. 1
Schumpeter is renowned for his work on innovation. Critically examine his views on innovation in relation to its role in creating competitiveness among small firms. (25 marks)
Q. 2
While illustrating your answers using practical examples, discuss the merits and demerits of starting an enterprise from the scratch viz a viz purchasing an existing enterprise. (25 marks)
Q. 3
Many countries have focused on developing the human capital as one of the strategies for achieving economic transformation of their countries. Examine some of the challenges that these countries have to contend with in this endeavor. (25 marks)
Q. 4
Discuss five methods of determining the performance of a small enterprise and
explain the advantages and disadvantages associated with each one of them.
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