SMALL BUSINESS MANAGEMENT - FORTH COMING EXAM QUESTIONS

For: Questions and answers email: theotherwomaninmarriage@gmail.com

Here are the questions of Small Business Management to expect in the forthcoming exams.

1.a.    Define the term small business and explain clearly the criteria used for defining what exactly a “small Business” is in different countries

b.       What are the rationales for studying Small Business Management in Nigeria?

2.       How can prospective small business owner/manager goes about evaluating the financial picture of a new business? Consider the following financial terms in your discussion.

                   (i)      Sources of funds

                   (ii)     Use of funds

                   (iii)    Cash flows

3.       Develop a comprehensive essay entitled: “ The Impact of Small Businesses on the Economic Activities of Federal Capital Territory, (FCT)”

4. Write explanatory notes on each of the followings:

          (i)      Planning as Tools for Decision Making in Small Business

          (ii)     Small Business and Big Business (Comparative Analysis)

          (iii)    Scientific methods of market analysis for Small Business

5.       How would you evaluate the potentials and performance of the current Federal Government Subsidy Reinvestment Empowerment Programmed (SURE-P) with regards to small businesses in Nigeria?

6. Budgets are plans as well as control.  Discuss this statement with regards to SALES and CASH BUDGETS for Small Business.

Note:  We shall be posting answers to these questions – stay put on this blog always.