CONFIDENTIOG/ SULIT (Wg UNITAR FINAL EXAMINATION SEPTEMBER 2014 (MATRIC NUMBER ‘SECTION ‘SEATING NO. COURSE TITLE ENTREPRENEURSHIP COURSECODE : BAGBS023 DATEDAY ‘04 JANUARY 2015 SUNDAY TIMEIDURATION : 02:30 PM - 05:30 PM. 3 HOURS. INSTRUCTIONS TO CANDIDATES 1. Please rad the instruction under exch secon carly 2 Carwicats are reminded not to bing ta exanaton halroom any form of writen mater or electronic gadget excopt for siatonery tha pelted by he Ingo 2. _Stiante who aro caught breaching the Examination Rules and Regulation wil be charg wilh an eden dshenesty and found guy afte ollence, the maxsnum pena expulson fom the Unversity. (Tis Question Paper consi of 7. Printed Pages including frontpage) “Dont (OPEN THE QUESTION PAPER UNTIL YOU ARE TOLD TO Do SO“ [ATTENDANCE SLIP NAME Dare SECTION MATRIC NO PROGRAMME COURSE CODENTTLE SEATING NO SIGNATURE,THIS PAGE IS INTENTIONALLY LEFT BLANKErasperery acsanzy connoenrue ‘Steontr 2 Fa Seman SECTION A: Short Essays: (30 Marks) ‘There are FOUR (4) questions in this section. Answer ALL questions and write your answer in the space provided below each question, Question 1 9) List THREE (3) factors hat an entrepreneur should consider when choosing a form of ‘business ouership, (3 Marks) ») List TWO (2) major advantages and TWO (2) major disadvantages of ¢ Private Limited ‘company. (4 Marks) ‘navartages D 7 Question? ‘You are eyeing for a small restaurant at your neighboring areas. The business seems £0 {good and you are considering to take over the restaurant. Explain THREE (3) citical aroas {hat need tobe considered before faking over the business, (6Marks) a