DBIT 501 ENTREPRENEURSHIP SKILLS.

UNIVERSITY EXAMINATIONS: 2017/2018
EXAMINATION FOR THE DIPLOMA IN BUSINESS INFORMATION
TECHNOLOGY
DBIT 501: ENTREPRENEURSHIP SKILLS
DATE: NOVEMBER, 2017 TIME: 1 ½ HOURS
INSTRUCTIONS: Answer any THREE questions.

QUESTION ONE
a) State six characteristics of a successful entrepreneur. (6Marks)
b) Describe any five sources business ideas. . (5Marks)
c) Define the following terms (8Marks)
i) locus of control

ii) intrapreneurship

iii) motivation
iv) window of opportunity
d) Analyze the challenges faced by the small firms. (8Marks)
e) List three types of start- ups. (3Marks)
QUESTION TWO
a) Compare and contrast men and women entrepreneurs in Kenya. (10Marks)
b) Describe the five stages of product and development process. (10Marks)
QUESTION THREE
a) Explain how an entrepreneur can use SWOT analysis model to assess his business.
(5Marks)
b) Describe the features of a good business opportunity (10Marks)
c) Explain the factors that determine the demand of a product. (5Marks)
QUESTION FOUR
a) State the benefits of new technology to entrepreneurs. (10Marks)
b) Analyze the strategies an entrepreneur can use to revive a business. (10Marks)
QUESTION FIVE
a) Explain the reasons for protecting business ideas. (5Marks)
b) Explain the reasons for government involvement in business. (10Marks)
c) Employment is a major problem in Kenya today. State the possible alternatives open for
the youth today in business. (5Marks)

 

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