REPUPLIC OF CAMEROON

REPUBLIQUE DU CAMEROUN Peace-Work-Fatherland

Paix-Travail-Patrie -------
------- MINISTRY OF HIGHER EDUCATION
MINISTERE DE L’ENSEIGNEMENT SUPERIEURE -------
------- NATIONAL COMMISSION FOR THE
COMMISSION NATIONALE D’ORGANISATION DE ORGANIZATION OF THE HIGHER NATIONAL
L’EXAMEN DU HND DIPLOMA EXAM (HND)
------- -------

Higher National Diploma Exam – June-July 2020 Session

FIELD BUSINESS, FINANCE, AND MANAGEMENT
SPECIALTY ALL HND SPECIALTIES
PAPER ENTERPRISE CREATION AND ENTREPRENEURSHIP
PAPER CODE ECE21
CREDIT VALUE 01
DURATION 2 Hours
INSTRUCTIONS
1. This paper carries three sections. You are required to answer all questions.
2. You are reminded of the necessity for good English and orderly presentation in your answers.
3. Any student who attempt to fraud or caught cheating shall be penalized till further noticed.

SECTION 1: ENTREPRENEURSHIP (34%)

1.Differentiate between a business model and a business plan. (4 marks)
ii. In not more than one page, develop a business plan for the creation of a professional
institution (Future Institute), by Njamgang. (10 marks)
2.What are the requirements of starting a new company in Cameroon? (10 marks)
3.Examine five ways through which entrepreneurship has foster the rate of economic
growth in Cameroon. (5 marks)
ii. Outline five policy measures and developmental strategies that can be put in place
to speed up the rate of entrepreneurship in Cameroon. (5 marks)
SECTION 2: GENERAL ECONOMICS (33%)
4.Differentiate between micro and macroeconomics. (3 marks)
ii. Identify five macro-economic objectives and five policies that can be implemented
by the central or local government in order to achieve such objectives. (10 marks)
5.Illustrate the concept of scarcity, choice and opportunity cost using a transformational
curve. (5 marks)
ii. Justify whether or not Cameroon has attended its PPC. State five factors that can
cause a country to expand beyond its PPC. (5 marks)
6.To what extent does unemployment impact the level of economic growth and
development? (5 marks)
7.Define price determination and explain three methods of determining prices goods and
service in the market. (5 marks)
SECTION3: COMPANY LAW (33%)

Setting B Page 1 of 2
8.Differentiate between liquidation, dissolution and winding up of a company (3 marks)
ii. Identify and briefly explain the steps involve in the dissolution of a company (10
marks)
9.Define a quorum and outline four features of a quorum (5 marks)
ii. Elaborate on the ultra-vires doctrine and say why it was abolished (5 marks)
10. Identify the procedure and required documents for the registration of a sole
proprietorship in Cameroon. (10 marks)

Setting B Page 2 of 2