UNIVERSITY EXAMINATIONS: 2020/2021
CBIT0104 BUSINESS AND ENTERPRISE MANAGEMENT.
FULLTIME/ PART TIME/DISTANCE LEARNING
DATE: DECEMBER, 2021 TIME: 2 HOURS
INSTRUCTIONS: QUESTION ONE IS COMPULSORY, CHOOSE TWO OTHER
QUESTIONS
QUESTION ONE (20 marks) Compulsory
a. Discuss Partnership as a form of business citing the different types of partners and their
participation in the partnership business. (10 Marks)
b. Explain five ways through which an entrepreneur can generate business ideas
(5 Marks)
c. When planning to start a business, discuss various objectives you should consider
including the bottom-line objective of business. (5 Marks)
QUESTION TW0 (15 marks)
a. Define the term entrepreneur (1 Marks)
b. Explain the main characteristics associated with an entrepreneur (4 Marks)
c. Compensation is a very important factor in every organization. Outline the importance of
Compensation. (5 Marks)
d. Explain the reasons why an entrepreneur find it difficult to obtain finance from external
investors (5 Marks)
QUESTION THREE (15 marks)
a. Explain any five factor considered in deciding to be self-employed. (5 Marks)
b. Differentiate between Corporate Social Responsibility and Ethics (5 Marks)
c. Discuss any five challenges that small scale business firms encounter in your country
(5 Marks)
QUESTION FOUR (15 marks)
a. Businesses are founded differently depending on the motive of the business and the
financial requirements of the business. Identify the forms of business ownership, how
they are formed, the advantages and disadvantages of each.
(15 Marks)
