Faculty of Business Studies

BUS115: Entrepreneurship and Small Business Management

Instructions for MTA-essay questions - Summer 2018-2019

Structure: Two essay questions, student should answer both.

Fifteen Multiple Choice Questions to be fully answered

Duration: 2 hours.
Focus on the following concepts only for the essay questions:

Interest in small business

Chapter 1 Contributions of small business
Challenges and problems facing small businesses
Factors that should be considered while choosing the proper legal Form
Chapter 3
Why Form a Proprietorship
Things that a potential entrepreneur should follow when estimating sales and
market share
Deciding whether to start a new business or buy a franchise
Chapter 5
Franchising: definition
Types of franchising systems

Chapter 12 Shopping centers

Purpose of the Business Plan
Chapter 6 Components of the Business Plan

Good luck