Entreprenuership Education Question Paper
Entreprenuership Education
Course:Diploma In Supplies Management (Supplies Management)
Institution: Machakos University question papers
Exam Year:2011
Machakos Technical Training Institute
Cat 1
Supplies Management
Diploma Two
Date: 15th February 2011
Duration: 1 Hour
Instructions
Answer all the Questions
1. Define the following terms as used in Entrepreneurship Education
i.Business goals
ii. Goal Evaluation
iii. Deviation
iv. Efficiency
v. Resources
2. Deviation is caused by a number of factors, classify these factors and give two examples of each. (2 Marks)
3. State any three importance of establishing business goals. (6 Marks)
4. Explain the term Management By Objective(MBO) (4 Marks)
5.State three ways in which labour and materials can be used efficiently (3 Marks)
6. Given the following information, create a cash flow statement of UJUZI KIOSK (8 Marks)
Cash balance as at 1.1.2010 600
Cash sales1 200
Cash received 2000
Purchases 4000
Wages and salary 1000
Rent 200
Other Expenses 160
b) Determine the cash balance for the month of January (2 Marks)
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