BUSS 102 BUSINESS MANAGEMENT.

UNIVERSITY EXAMINATIONS: 2017/2018
EXAMINATION FOR THE DEGREE OF BACHELOR OF BUSINESS
INFORMATION TECHNOLOGY
BUSS 102 BUSINESS MANAGEMENT
FULL TIME/PART TIME
DATE: JULY/AUGUST, 2018 TIME: 2 HOURS
INSTRUCTIONS: Answer Question One & ANY OTHER TWO questions.

QUESTION ONE
a. Distinguish between the following terms as used in business management
i. Shareholders and stakeholders (2 Marks)
ii. Morals and ethics (2 Marks)
iii. Nominal partners and quasi partner (2 Marks)
iv. Industry and Commerce (2 Marks)
b. Enumerate ways in which the government influences allocation of resources in an
economy (5 Marks)
c. Clearly outline the objectives of corporate governance (7 Marks)
d. Highlight any five advantages of a company over a partnership (5 Marks)
e. Highlight any five principles of scientific management developed by F.W Taylor
(5 Marks)
QUESTION TWO
a. Argue the case for and against corporate social responsibility (10 Marks)
b. Describe the ten (10) managerial roles as identified by Henry Mintzberg (10 Marks)
QUESTION THREE
a. Describe business ethics and discuss the mechanism that managers can use to influence
behavior change and create an ethical climate (10 Marks)
b. Explain ways through which firms enter the international market (10 Marks)
QUESTION FOUR
a. State and explain any five internal environmental factors clearly indicating how they
influence business performance (10 Marks)
b. Discuss the main steps involved in decision making process (10 Marks)
QUESTION FIVE
Corporate governance refers to the code of practice by which a firm’s management is held
accountable to capital providers for efficient use of assets.
a. Explain why corporate governance has become a point of concern to the regulators in the
recent past (4 Marks)
b. Highlight the benefits of good corporate governance in firms (8 Marks)
c. Explain any four factors that influence the quality of governance (8 Marks)

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