DCU300  ENTREPRENEURSHIP SKILLS.

UNIVERSITY EXAMINATIONS: 2018/2019
EXAMINATION FOR THE DIPLOMA IN INFORMATION
TECHNOLOGY/ DIPLOMA IN BUSINESS INFORMATION
TECHNOLOGY
DCU300 ENTREPRENEURSHIP SKILLS
FULLTIME/PARTITIME
DATE: AUGUST, 2019 TIME: 2 HOURS
INSTRUCTIONS: Answer Question One & ANY OTHER TWO questions.

QUESTION ONE (30 MARKS)
a) Explain a good creative climate. (6Marks)
b) Explain why risk management is a key attribute of the entrepreneur. (4Marks)
c) Differentiate between entrepreneurship and intrapreneurship. (4Marks)
d) Explain four stages in entrepreneurial process. (8Marks)
e) Describe the role of an entrepreneur in business. (6Marks)
f) Define the term motivation. (2Marks)
QUESTION TWO (20 MARKS)
a) Describe the ways that an entrepreneur can become unethical. (8Marks)
b) What are the four causes of stress among the entrepreneurs? How can an entrepreneur
deal with each one of them? (8Marks)
c) State four sources of innovative ideas. (4Marks)
QUESTION THREE (20 MARKS)
a) In your own words, what is demand? How can an entrepreneur assess the demand of a
product. (10Marks)
b) Describe the product planning and development process. (10Marks)
QUESTION FOUR (20 MARKS)
a) Explain the factors that can motivate one to turn to entrepreneurship. (8Marks)
b) Describe the contribution of entrepreneurship to national development. (10Marks)
c) Define the term window of opportunity. (2Marks)
QUESTION FIVE (20 MARKS)
a) Describe four types of paths you can use to enter entrepreneurship. (8Marks)
c) Explain how an entrepreneur can establish and maintain competitive advantage.
(6Marks)
d) What is the most challenging thing to an entrepreneur. (2Marks)

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