UNIVERSITY EXAMINATIONS: 2012/2013
EXAMINATION FOR THE BACHELOR OF SCIENCE IN
INFORMATION TECHNOLOGY
BIT 2306 ENTREPRENNURSHIP
DATE: AUGUST, 2013 TIME: 2 HOURS
INSTRUCTIONS: Answer Question ONE and Any Other TWO Questions
QUESTION ONE
a) Define the term entrepreneurship (2 Marks)
b) Discuss the importance of entrepreneurship in a business organization (10 Marks)
c) Explain the contribution of an entrepreneur to the Kenyan economy (10 Marks)
d) Compare and contrast self employment and salaried employment (8 Marks)
QUESTION TWO
a) Availability of information and relevant technology is important for entrepreneurship
growth and development in a country.
(i) Explain the main positive impact of technology to entrepreneurs. (10 Marks)
b) Enunerate and briefly explain the main source of information on appropriate
technology for entrepreneurs in Kenya today. (10 Marks)
QUESTION THREE
a) Describe the characteristics of an enterprise at the start up stage in the business life
cycle. (5 Marks)
b) Explain the importance of a business plan to the finance provider of a business
(10 Marks)
c) Explain the importance of networking to an entrepreneur (5 Marks)
QUESTION FOUR
a) Discuss five factors that an entrepreneur should consider when selecting any business
finance (10 Marks)
b) Citing relevant examples , highlight five business opportunities that entrepreneurs
could exploit arising from the 2014 FIFA world cup to be held in Brazil.
(10 Marks)
QUESTION FIVE
a) Explain FOUR factors that an entrepreneur should consider when selecting the best
form of business ownership. (8 Marks)
b) Explain three managerial processes that may contribute to the successful
management of a business organization. (6 Marks)
c) Explain some of the environmental issues that an entrepreneur would get involved in
as part of co-operate social responsibility (6 Marks)
