UNIVERSITY EXAMINATIONS: 2013/2014
ORDINARY EXAMINATION FOR THE BACHELOR OF SCIENCE
IN INFORMATION TECHNOLOGY
BIT 2306 ENTREPRENEURSHIP
DATE: AUGUST, 2014 TIME: 2 HOURS
INSTRUCTIONS: Answer Question ONE and any other TWO
QUESTION ONE
a) Creativity is most likely to occur when the business climate is right. Explain the
important characteristics of this climate. (10 Marks)
b) Describe any four sources of loan capital available to entrepreneurs. (8 Marks)
c) Define the following terms (4 Marks)
i) locus of control
ii) entrepreneurship
iii) innovationiv) window of opportunity
d) Analyze the challenges faced by the small firms. (8 Marks)
QUESTION TWO
a) Highlight the differences between men and women entrepreneurs in Kenya.
(10 Marks)
b) Explain the main characteristics of an entrepreneur. (10 Marks)
QUESTION THREE
a) Explain how an entrepreneur can use SWOT analysis model to assess his
business. (4 Marks)
b) Describe the features of a good business opportunity (10 Marks)
c) Explain the factors that determine the demand of a product. (6 Marks)
QUESTION FOUR
a) State the benefits of new technology to entrepreneurs. (10 Marks)
b) Analyze the different ways an entrepreneur can use to revive a business.
(5 Marks)
b) List the motivation factors that influence an entrepreneur to start a business.
(5 Marks)
QUESTION FIVE
a) Explain the reasons for protecting business ideas. (5 Marks)
b) Describe the measures the government could put in place to encourage
entrepreneurship in the country. (10 Marks)
c) Employment is a major problem in Kenya today. State the possible alternatives open
for the youth today in business. (5 Marks)
