NATIONAL OPEN UNIVERSITY OF NIGERIA
14/16 AHMADU BELLO WAY, VICTORIA ISLAND, LAGOS
SCHOOL OF MANAGEMENT SCIENCES
MARCH 2014 EXAMINATION
COURSE CODE: TSM442 CREDIT UNIT: 2
COURSE TITLE: TOURISM ENTREPRENEURSHIP
TIME ALLOWED:
Instructions: 1. Attempt question Number one (1) and any other two (2).
2. Question number 1 is compulsory and carries 30 marks, while the other questions carry equal marks each.
3. Present all your points in coherent and orderly manner.
Question 1.
A. Identify with explanations the stages of growth in entrepreneurial ventures
B. “Family relationships introduce special complications into the management process of the family firm”. Identify these complications and proffer solutions
C. Identify and explain the (a). Advantages and (b). Disadvantages of tourism in the concept of economic conditions and environmental concerns. – (30 marks).
Question 2.
A. What are the advantages of tourism?
B. Highlight the three primary aims by the international conference on travel and tourism statistics (1991).
C. Discuss types of entrepreneur roles. – (20 marks).
Question 3.
A. Explain the three types of uncertainty about entrepreneurship classified by Knight (1833).
B. Described what is meant by “the gale of creative destruction” in industrial management.
C. Identify four stages of small business growth.
D. In considering small business growth stages, in which stage does the entrepreneur reach a major mile stone and how he/she overcome it all?
Question 4.
A. List at least six features of craft man entrepreneur.
B. What is strategy?
C. Described three types of strategy.
D. Enumerate at least four basic element of strategic management. – (20 marks).
Question 5.
A. Itemize any ten areas in which an organization might establish its goals and objectives.
B. Define computer.
C. List five main components of a computer system.
D. State the three special contribution of entrepreneur venture business. – (20 marks).
You can get the exam summary answers for this course from 08039407882
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