This document contains instructions and questions for an entrepreneurship development exam for first year diploma students at Kiriri Women's University of Science and Technology. The exam is divided into 5 questions, with students required to answer question 1 (which has 5 short answer parts) and any other 2 full questions of their choice.
Question 1 covers topics like the economic factors that promote entrepreneurship, factors to consider for entrepreneurial financing, the business startup procedure, the five essential aspects of entrepreneurship, and how employment can arise from entrepreneurship. The other questions address entrepreneurial qualities in crises, the role of mentorship, marketing processes, strategies to outcompete others, and contributions of entrepreneurship.
This document contains instructions and questions for an entrepreneurship development exam for first year diploma students at Kiriri Women's University of Science and Technology. The exam is divided into 5 questions, with students required to answer question 1 (which has 5 short answer parts) and any other 2 full questions of their choice.
Question 1 covers topics like the economic factors that promote entrepreneurship, factors to consider for entrepreneurial financing, the business startup procedure, the five essential aspects of entrepreneurship, and how employment can arise from entrepreneurship. The other questions address entrepreneurial qualities in crises, the role of mentorship, marketing processes, strategies to outcompete others, and contributions of entrepreneurship.
This document contains instructions and questions for an entrepreneurship development exam for first year diploma students at Kiriri Women's University of Science and Technology. The exam is divided into 5 questions, with students required to answer question 1 (which has 5 short answer parts) and any other 2 full questions of their choice.
Question 1 covers topics like the economic factors that promote entrepreneurship, factors to consider for entrepreneurial financing, the business startup procedure, the five essential aspects of entrepreneurship, and how employment can arise from entrepreneurship. The other questions address entrepreneurial qualities in crises, the role of mentorship, marketing processes, strategies to outcompete others, and contributions of entrepreneurship.
Tel. 2042692 / 3 P. O. Box 49274, 00100 NAIROBI Westlands Campus Pamstech House Woodvale Grove Tel. 4442212 Fax: 4444175 KIRIRI WOMENS’ UNIVERSITY OF SCIENCE AND TECHNOLOGY UNIVERSITY EXAMINATION, 2022/2023 ACADEMIC YEAR FIRST YEAR, FIRST SEMESTER EXAMINATION FOR THE DIPLOMA IN BUSINESS ADMINISTRATION DCU 1003- ENTREPRENEURSHIP DEVELOPMENT Date: 6TH DECEMBER 2022 Time: 8.30 am – INSTRUCTIONS TO CANDIDATES ANSWER QUESTION ONE (COMPULSORY) AND ANY OTHER TWO QUESTIONS QUESTION ONE (30 MARKS)
a) Describe the economic factors that promote entrepreneurship development. (6 Marks)
b) Explain factors one has to consider before choosing a type of entrepreneurial financing. (6 Marks) c) Summarize the procedure for starting a new business venture. (6 Marks) d) Discuss the five essential aspects of entrepreneurship. (6 Marks) e) Illustrate how employment can arise from entrepreneurship. (6 Marks)
QUESTION TWO (20 MARKS)
a) Explain specific entrepreneurial qualities that are vital in crisis situation. (8 Marks) b) Analyze the role of mentorship in entrepreneurial success. (8 Marks) c) Outline the myths about entrepreneurs in Kenya. (4 Marks) QUESTION THREE (20 MARKS) a) Discuss the marketing process. (8 Marks) b) Write short notes on strategies that an entrepreneur can adopt to out play her competitors. (8 Marks) c) Outline measures that the Kenya Kwanza Government can take to motivate entrepreneurial development in Kenya. (4 Marks) QUESTION FOUR (20 MARKS)
a) Examine the contributions of entrepreneurship to the national government. (8 Marks)
b) Discuss the methods entrepreneurs use in generating business ideas. (8 Marks) c) Highlight ways in which the society can motivate employees. (4 Marks)
QUESTION FIVE (20 MARKS)
a) Discuss the risk bearing theory of entrepreneurship (8 Marks) b) Discuss the different forms of business ownership (8 Marks) c) Relate how political stability can promote entrepreneurial growth (4 Marks)