UNIVERSITY EXAMINATIONS: 2017/2018
EXAMINATION FOR THE DIPLOMA IN BUSINESS INFORMATION
TECHNOLOGY
DBIT501 ENTREPRENEURSHIP SKILLS
FULLTIME/PARTTIME
DATE: APRIL, 2018 TIME: 1 ½ HOURS
INSTRUCTIONS: Answer any THREE questions.
QUESTION ONE
a) State six characteristics of a successful entrepreneur. (6Marks)
b) Name four types of start- ups. (4Marks)
c) Define intrapreneurship. (2Marks)
d) Explain the four phases of entrepreneurial process. (8Marks)
QUESTION TWO
a) Describe the factors that can motivate someone to turn to entrepreneurship. (8Marks)
b) Define locus of control. (2Marks)
c) Explain the importance of entrepreneurship in economic development of a country.
(10Marks)
QUESTION THREE
a) Describe the stages in new product cycle. (10Marks)
b) Analyse the challenges that a young entrepreneur is likely to face. (10Marks)
QUESTION FOUR
a) List six sources of business ideas. (6Marks)
b) Differentiate between artistic and opportunistic entrepreneur. (6Marks)
c) Explain the benefits of self-employment. (8Marks)
QUESTION FIVE
a) Explain how an entrepreneur can assess product demand. (6Marks)
b) Describe the product planning and development process. (10Marks)
c) State four alternatives that a young graduate can turn to in business. (4Marks)
