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Introduction To Business Studies Question Paper

Introduction To Business Studies

Course:Diploma In Business Management

Institution: Mount Kenya University question papers

Exam Year:2011

MOUNT KENYA UNIVERSITY
UNIVERSITY EXAMINATION 2011/2012
SCHOOL OF BUSINESS AND PUBLIC MANAGEMENT
DEPARTMENT OF MANAGEMENT
UNIT CODE DBM 113
UNIT TITLE : INTRODUCTION TO BUSINESS STUDIES
DATE|: NOVEMBER 2011 MAIN EXAM TIME: 2HRS
INSTRUCTIONS: ANSWER QUESTION ONE AND ANY OTHER TWO QUESTIONS

1. a) Mr Obuya and Mr. Michael are trading independently. They are intending to convert their business into an ordinary partnership. What advantages will partnership have?(5marks)
b) Explain the circumstances under a limited company may wind up.(5marks)
c)a) Explain the role played by Nairobi Securities Exchange in the Kenya economy. (6marks)
b)state the advantages of mergers(4marks)
d) write short notes on the following
a)social responsibility(2marks)
b)mergers(2marks)
c)commerce(2marks)
e)what are the advantages of public corporations

2 a)what are the distinctions between a sole trader and a partnership?(10marks)

b)Differentiate between public limited company and private limited company (10marks)

3 a)Multinationals extend their business operation to two or more countries. What are are the challenges facing multinationals?(10marks)
b).Suggest and explain types of distribution channels that a producer may use to take goods to the consumer.(10marks)

4. a) Business exist to achieve certain ends in the society. Discuss the major objective of business.(10marks)
b)As a manager in XYZ Ltd, what five main groups should your business organization be socially responsible to?(10marks)

5. a) Nature and types of product have important bearing on choice of distribution channels. Explain the major features of the product that affects the choice of channel to be used(10marks)
b)All business need profits for their smooth running and survival. Discuss this arguments presented in favor of profit motive(10marks)

Introduction To Business Studies Question Paper

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