HEP 0103: INTRODUCTION TO BUSINESS Past Paper

W1-2-60-1-6
JOMO KENYATTA UNIVERSITY OF AGRICULTURE AND TECHNOLOGY
UNIVERSITY EXAMINATIONS 2016/2017
YEAR 1 SEMESTER 1 EXAMINATIONS FOR THE DIPLOMA IN BUSINESS ADMINISTRATION
HEP 0103: INTRODUCTION TO BUSINESS
DATE: JULY 2017 TIME: 1.5 HOURS

INSTRUCTIONS: ANSWER QUESTION ONE (COMPULSORY) AND ANY OTHER TWO QUESTIONS

QUESTION ONE (COMPULSORY)

ANSWER ANY 3 QUESTIONS

a) Describe 5 essential characteristics of a good business (5 marks)

b) Define and briefly explain 5 objectives of business (5 marks)

c) Gigi Fashions, is a new clothing and apparel store that will be soon opening near JKUAT Mombasa CBD. Gigi Fashions is the brain child of purity and Grace, who have been studying a course titled “Introduction to business”. Since it is a start up business, what factors do you think they need to consider before starting the business (10 marks)

QUESTION TWO (20 MARKS)
a) Define corruption (2 marks)
b) Identify the various causes of corruption being rampant in Kenya. Give examples to illustrate your answer (10 marks)
c) As business major student, discuss the benefits of fighting corruption
(8 marks)
QUESTION THREE (20 MARKS)
a) Differentiate between traditional commerce and e-commerce. Give examples (10 marks)
b) Expound on the various factors that inhibit entrepreneurial development in Kenya today (10 marks)

QUESTION FOUR (20 MARKS)
a) Should business practice social responsibility today? Give arguments for and against social responsibility (13 marks)
b) Highlight the various features of a business environment that business must monitor for their success. Show how organization can mitigate against the environment (7 marks)
QUESTION FIVE (20 MARKS)
a) During a job interview session, you have been asked to identify ways in which an entrepreneurial/enterprising culture can be encouraged in an organization. Using your knowledge of the introduction to business course, suggest ways in which modern organizations can do so
(12 marks)
b) Discuss the advantages and disadvantages of co-operatives in Kenya
(8 marks)

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