Entrepreneurship And Small Business Management Question Paper

Entrepreneurship And Small Business Management 

Course:Master Of Business Administration

Institution: Kenyatta University question papers

Exam Year:2008



KENYATTA UNIVERSITY
UNIVERSITY EXAMINATIONS 2007/2008
INSTITUTE OF OPEN LEARNING
EXAMINATION FOR THE DEGREE OF MASTER OF BUSINESS
ADMINISTRATION

BBA 606: ENTREPRENEURSHIP AND SMALL BUSINESS
DATE: Wednesday 9th January 2008


TIME: 8.00am-10.00am
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INSTRUCTIONS:
Answer THREE questions only

Q1.
A common phenomena is that many small firms fail within the first three years of their launch. On the other hand, many small enterprises are launched every year. Critically examine the above phenomena. [25 marks]

Q2.
Discuss five reasons why entrepreneurs and small firms have difficulties in accessing finance for business start up and expansion. [25 marks]

Q3.
Many governments have recognized the role of the small firm is contributing towards full economic transformation of the country. Examine the challenges that governments have to contend with in their enveavour to support small enterprises. [25 mark]

Q4.
(a)
Discuss the commonalities between creativity, innovation and entrepreneurship. [10 marks]
(b)
Examine the various sources of innovation. [10 marks]






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