BUSINESS ENTERPRISE SKILLS

Answer any four (4) questions.

1. Evaluate the impact of MNCs to the host country.

2. (a) Explain the need for resources in an enterprise.

(b) Assess the criteria of measuring enterprise size.

3. (a) Explain the functions of human resources management in an enterprise.

(b) Assess the importance of training employees in business enterprise.

4. Evaluate different promotional media that can be used by an enterprise.

5. (a) Explain the importance of effective communication in a business enterprise.

(b) Evaluate the effectiveness of different communication methods that can be used in an enterprise.

6. (a) Explain any three different types of budgets.

(b) Discuss the importance of budgeting in an enterprise.

7. Evaluate the importance of break-even analysis as a tool for decisionmaking in an enterprise.

8. (a) Distinguish between formal and informal groups in business.

(b) Discuss the roles of formal groups in a business.

9. (a) Explain the purpose of stock control within a business enterprise.

(b) Evaluate the different methods of stock control.

10. Discuss the importance of a business plan.