Entrepreneurship Theory and Practice Questions

Faculty of Economics and Management Science (FEMS)

Semester: First Semester

Level: 400

Year: 2019

Section A: Answer all questions in section

1. What do you understand by entrepreneurship? 2mks

2. State and explain at least four ways in which entrepreneurship is important to

i ) Th e i nd i v i d ua l e n t repreneu r .

i i ) The whole economy or country. 4 + 4mks

3. State and explain at least four ways in which entrepreneurship is bad to

i ) Th e i nd i v i d ua l e n t re p ren e u r .

i i ) Th e wh o le e c onomy or count r y. 4 + 4 mks

4. State and explain four functions of an entrepreneur. 4mks

5. State and explain four qualities of an entrepreneur. 2mks

6. a. What do you understand by a business plan? 2mks

b. What is the purpose of a business plan? 4mks

c. Describe at least five main parts of a business plan. 10mks

Section B: Answer one question

1. On graduation from The University of Bamenda, which form of entrepreneurship would you like to

involve self in and why? 15mks

2. Examine the relative importance of the various sources of finance for entrepreneurship in Cameroon.15mks

Section C: Read the following passage and answer the questions that follow.

Molah and Sons Co. Ltd. was created as a Family Enterprise with the head of the family, Molah Bissong,

as the manager. Given the level of competition in the market and more generally the complex nature of the

business environment, he was advised to take into consideration the concept of Corporate Entrepreneurship.

As such, he comes to you as a business student with the following questions knowing that Managing and

sustaining a business calls to question, the examination of corporate entrepreneurship:

a) What do you as a business student understand by corporate entrepreneurship? (2mks).

b) Explain corporate venturing and strategic entrepreneurship as the main options for

implementing corporate entrepreneurship (5mks).

c) How can we foster corporate entrepreneurship in such an enterprise? (4mks)

d) What are the benefits Molah and Sons stands to benefit by implementing Corporate

Entrepreneurship? (4mks)

THE UNIVERSITY OF BAMENDA

FACULTY OF ECONOMICS AND MANAGEMENT SCIENCES (FEMS)

ALL OPTIONS

ACADEMIC YEAR 2018-2019

ENTREPRENEURSHIP: FIRST SEMESTER EXAMINATION

Lecturers: Dr Vukeneng Andrew Wujung/Mr. Tayong Desmond

Time: 2 hrs

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