Entrepreneurship KNEC Syllabus, KNEC Notes, Past Exam Papers

General Objectives

At the end of this unit the trainee should be able to

  • Acquire entrepreneurial competences necessary for planning, starting, and managing a business
  • Demonstrate positive attitude towards self-employment
  • Portray desire to venture into business
  • Identify viable business opportunities
  • Demonstrate entrepreneurial behaviour in planning, starting and managing a business enterprise.
  • Demonstrate creativity and innovation in their day to day business activities.

Entreneurship Diploma KNEC Course Outline

Click on the links below to access KNEC notes

Topic 1: Introduction to Entrepreneurship

  • Meaning of Terms
  • Difference between Self-Employment and Salaried Employment
  • Contribution of Entrepreneurship to National Development

Topic 2: Evolution of Entrepreneurship

2.1. History of Entrepreneurship

2.2. Myths Associated with Entrepreneurship in Kenya

2.3. Theories of Entrepreneurship

Topic 3: The Entrepreneur

3.1. Types of Entrepreneurs

3.2. Qualities of an Entrepreneur

3.3. Roles of an Entrepreneur in an Enterprise

Topic 4: Creativity and Innovation

4.1. Meaning of Creativity and Innovation

4.2. Process of Creativity and Innovation

4.3. Importance of Creativity and Innovation

4.4. Barriers to Creativity and Innovation

4.5. Managing Barriers to Creativity and Innovation

Topic 5: Entrepreneurial Culture

5.1. Concept of Entrepreneurial Culture

5.2. Habits that Promote Entrepreneurial Development

5.3. Factors Inhibiting Entrepreneurial Development

5.4. Ways of Managing Factors that Inhibit Development of Entrepreneurial Culture

Topic 6: Entrepreneurial Opportunities

6.1. Meaning of Entrepreneurial Opportunities

6.2. Ways of Generating Business Ideas

Topic 7: Entrepreneurial Motivation

7.1. Definition of Entrepreneurial Motivation

7.2. Entrepreneurial Motivation Factors

Topic 8: Entrepreneurial Competence

8.1. Definition of Entrepreneurial Competences

8.2. Key Entrepreneurial Competences

Topic 9: Starting a Small Business

9.1. Procedure of Starting a Small Enterprise

9.2. Factors to Consider when Starting a Small Enterprise

9.3. Legal Forms of Business Ownership

9.4. Challenges Faced When Starting a Small Enterprise

9.5. Business Life Cycle

9.6. Business Support Services Available for a Small Business

Topic 10: Business Enterprise Management

10.1. Definition of Terms

10.2. Functions of Management in an Enterprise

10.3. Inventory Management

10.4. Managing of Enterprise Resources

Topic 11: Financial Management

11.1. Meaning of Financial Management

11.2. Importance of Financial Management

11.3. Sources of Business Finance

11.4. Types of Business Records

11.5. Recording Business Transactions in the Books of Accounts

11.6. Preparation of Financial Statements

11.7. Interpretation of Financial Statements

11.8. Importance of Budgeting to a Business

Topic 12: Marketing

12.1. Definition of Marketing

12.2. Components of Marketing

12.3. Process of Marketing

Topic 13: Enterprise Social Responsibility and Business Ethics

13.1. Definition of Social Responsibility and Business Ethics

13.2. Enterprise Social Responsibility

13.3. Importance of Enterprise Social Responsibility

13.4. Ethical Behaviour in an Enterprise.

Topic 14: Business Plan

14.1. Definition of a Business Plan

14.2. Components of a Business Plan

14.3. Uses of a Business Plan

14.4. Preparation of a Business Plan

Topic 15: Information Communication Technology in Enterprise Management

15.1. Definition of Terms

15.2. Benefits of ICT

15.3. Uses of ICT Equipment

Topic 16: Emerging Issues and Trends in Entrepreneurship

16.1. Emerging Issues and Trends

16.2. Challenges posed by emerging issues and trends

16.3. Ways of managing challenges posed by emerging issues and trends

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