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III SEMESTER/II YEAR BA5014 ENTREPRENEURSHIP DEVELOPMENT

ENTREPRENEURSHP DEVELOPMENT

PART - A

UNIT-I
1. Define entrepreneurship ?
The capacity and willingness to develop, organize and manage a business venture along
with any of its risks in order to make a profit. The most obvious example of entrepreneurship is the
starting of new businesses.
2.Who is an entrepreneur?
A person who organizes and manages any enterprise, especially a business, usually withc
onsiderable initiative and risk.
3. Write short notes on project plan?
A project plan, according to the Project Management Body of Knowledge, is: "...a
formal, approved document used to guide both project execution and project control. The primary uses
of the project plan are to document planning assumptions and decisions, facilitate communication
among stakeholders, and document approved scope, cost, and schedule baselines. A project plan may
be summarized or detailed."
IT is a statement of how and when a project's objectives are to be achieved, by showing the major
products, milestones, activities and resources required on the project.
4. What is product launching?
Product launch means introducing a new product into the
market. In other words it is adding a new product in the existing product line of
the company
5. What is channel selection for a small business ?
Small businesses need to find a way to serve their customers, wherever they are located.
That's why selecting a distribution channel is an important aspect of building a competitive advantage
for businesses of every size. Distribution channels include your own direct sales force, retailers,
distributors and the Internet. The right distribution channel ensures that customers in different
locations around the country, or around the world, can buy your products and get the right level of
service from your company. To select the right distribution channel for your business, you need to
consider what a channel can offer, including location and reach, skills and resources, management
costs and degree of control.
6. How to prevent sickness in business?
a) Enforce financial discipline
b) Monitor changes in market share and maintain it
c) Discontinue unprofitable product line
d) Identify areas of inefficiency and improve it
7. What are the characteristics of small business?
a) Entrepreneurial spirit
b) Limited management skills
c) Have limited funding
d) Trade within competitive markets

N.NITHYA AP/MBA
III SEMESTER/II YEAR BA5014 ENTREPRENEURSHIP DEVELOPMENT

e)Low cost per job created


f) High failure rate
8. What are the characteristics of an Entrepreneur?
- Organiser
-Innovative
- Change agent
- Risk taker
- Problem solver
- High Achiever
9. What is the result of applying knowledge, skills, competency and creativity strategically for market-
orientation ?
· It helps the entrepreneur to understand the customers and their needs. Market
orientation helps the entrepreneur in producing goods and services that would not only
meet the current demands but the anticipated demands of the future too.
10.What do you mean by solo operators?
Solo operators are entrepreneur who essentially work alone and if needed at all,employ a
few employees.
11.Who are active partners?
Active partners are those entrepreneurs who start/carry on an enterprise as a Jointventure.
12.Who are inventors?
Entrepreneurs with their competence and inventiveness invent new products. They are
called as inventors.
13.List out the Skills of Entrepreneur
1. Administration Skill
2. Leadership Skill
3. Interpersonal Skill.
14. Define Entrepreneur.
“An entrepreneur is a person who buy buys factor services at certain prices with a view to
selling its product at uncertain prices”.
15.What is meant by internal locus of control?
Internal locus of control refers to a person‟s perception of control or responsibility for his own
life and actions. People who view the world as the primary contributor to their life situations and
believe forces outside of themselves are responsible for their misfortunes or success subscribe to an
exterior locus of control. Those who view their life and destiny as a result of their own doing subscribe
to an interior locus of control.
16.Name any two state financial institutions supporting entrepreneurs.
1) Industrial development bank of India: The Industrial development bank of India was
established under the industrial development bank of India act,1964,as a wholly owned subsidiary of
the reserve bank of India. The main objective of establishing IDBI was to set up an apex institution to
coordinate the activities of other financial institutions and to act as a reservoir on which the other
financial institutions can draw.
2)Industrial finance corporation of India: The Industrial finance corporation of India was
established in 1948 under the IFC Act,1948. The main objectives of the corporation have been to
provide medium and long term credit to industrial concerns in India.
17.What is pre-feasibility study?

N.NITHYA AP/MBA
III SEMESTER/II YEAR BA5014 ENTREPRENEURSHIP DEVELOPMENT

A pre-feasibility study should be viewed as an intermediate stage between a project analysis


and feasibility study, the difference being primarily the detail of the information obtained. Preliminary
Feasibility studies are used in due diligence work, determining whether or not to proceed with a
detailed feasibility study and as a reality check to determine areas within the project that require more
attention .
18.Explain break even point.
Break even point is the point where no profits , no loss occurs. The study of cost volume
profit analysis is often referred to as “break even analysis” and the two terms are used interchangeably
by many. The term break even analysis is used in two senses –Narrow sense and broad sense .Break
even analysis is a useful tool to study the relationship between fixed cost ,variable cost and returns.
19.What is market analysis?
The marketing analysis is to determine the suitability of this property for profitable
development and to define optimal products and amenities in accordance with projected market
demand and to project sales absorption and annual revenues from development of this property.
20.What is meant by franchising?
A franchise is a license from the owner of a trademark or trade name permitting another to
sell a product or service under that name or mark. Franchising is a concept by which a principal
company impacts its technology and brand name to others for a fee and also consistently helps to
upgrade their operations .

UNIT-II

21. An entrepreneur decides to sell his woollen garments in the month of February on discount.Name
and explain the environmental factor which prompted him to take this decision.
Economic Factor:
Economic factor consists of variables like supply and demand for the product. Details of consumer
trends, economic preferences, costing, discounting etc are all economic decisions.
22. Explain any three sources from which basic ideas emerge. (a) Problems
(b) Change
(c) Inventions
(d) Competition
23. Explain the first three steps involved in the process of investigation of a feasible product.
First three Steps:
(a) Product or service identification
(b) Application and use
(c) Level of operation.
24. State any three objectives of preparing a Project Report. To identify the requirement of the
resources
(b) To assess the scope and range of the success of the enterprise. (c) To obtain opinion of experts
from various fields

N.NITHYA AP/MBA
III SEMESTER/II YEAR BA5014 ENTREPRENEURSHIP DEVELOPMENT

(d) To enable licensing of the enterprise by the concerned authorities.


(e) For financial appraisal of the project by financial institutions, banks etc. (f) To find the critical
components of the project idea.
25. Explain the uses of a Project Report for:
- an entrepreneur.
An entrepreneur – it works as a blue print that helps in explaining his idea to financers, market
customer/SWOT analysis.
26. Explain the uses of a Project Report for:
Government
Government- helps in executing statutory and legal requirements, land tax, sales tax, commercial tax,
and transport license and pollution control certificate have all to be obtained on the basis of project
report.
27.Explain the uses of a project Report for:
Financial institutions.
Before extending financial assistance, the bankers would like to know the feasibility and profitability
of the enterprise. They would also like to know whether the entrepreneurs will be able to generate the
necessary funds periodically to repay the loan together with interest.
28. List any six problems faced by first generation entrepreneurs. (a) Capital
(b) Lack of goodwill
(c) Lack of Experience
(d) Lack of risk taking ability
(e) No market standing
(f) Lack of orientation to problem solving
(g) Poor productivity
(h) Competition
29. Explain the term „Personal Financing‟.
The entrepreneur always has to make the initial investment as capital. For this purpose he arranges
finance from his personal resources such as his personal cash, borrows from members of the family,
converts his assets into cash or uses them in business (e.g. car, telephone, computer etc). Such personal
sources of finance are part of personal financing.
30. State any two factors which affect the formulation of a financial plan. (a) Objective
(b) Solvency and Liquidity
(c) Optimum structure
(d) Simplicity
31.What do you meant by industrial sickness?
Sickness is a universal phenomenon .It is a major problem of industries in all countries of the world,
may it be developed or developing countries.”A sick industrial company indicates an industrial unit
which is showing accumulated losses equal to or exceeding its presence net worth at the end of any
financial year, and has also suffered cash losses during that financial year and in the immediate
preceding year”.

N.NITHYA AP/MBA
III SEMESTER/II YEAR BA5014 ENTREPRENEURSHIP DEVELOPMENT

32.Write a note on conglomerate diversification?


Conglomerate diversification occurs when a company stretches out its business into an area which is
dissimilar to its core business . The merging concerns are neither horizontally nor vertically related to
each other.
33.What is meant by Industrial policy resolution?
The term industrial policy refers to the government‟s policy towards industries-their establishment,
functioning, growth and management. The policy will indicate the respective areas of the large,
medium and small scale sectors.
34.What are the characteristics of an entrepreneur?
1) Inner drive to succeed
2)Independence
3)Risk bearing
4) Locus of control
35.What is the role of district industry centre to promote entrepreneurship?
1)Selection of projects
2) Provisional registration under SSI
3)Clearances from various departments
4)Training programmes
36. What is meant by direct marketing?
Direct marketing is the best distribution channel to launch a new product. This is one of the oldest
methods of distribution, which was being widely used by producers to sell goods and services prior to
the advent of industrial revolution .
37. Name the criteria for selection of product?
1) Technical knowledge.
2) Availability of market.
3) Financial strength.
4) Position of competition
38. List down the areas covered in feasibility study.
1)Economic feasibility
2)Technical feasibility
3)Financial feasibility
4)Managerial feasibility
39.List the problems faced by the entrepreneur.
1)Developing the vision and idea
2)Raising capital
3)Assembling a team
4)Legal issues
40.Define business environment.
“The environment of a company as the pattern of all external influences that affect its life and
development”.

N.NITHYA AP/MBA
III SEMESTER/II YEAR BA5014 ENTREPRENEURSHIP DEVELOPMENT

UNIT-III

41. Explain any four decisions which have to be taken into considerations under the head‟Material
Resources‟. Four Decisions are: (a) Size and location
(b) Manufacturing process
(c) Identifying and purchasing machinery
(d) Obtaining electricity power
42. Name and explain the concept which states that a particular volume of production of a firm neither
makes a profit nor a loss.
BEP is the volume of production at which a firm neither makes a profit nor a loss. At the BEP revenue
equals the total costs
43. State any four advantages of‟Inventory Control‟. Four Advantages of inventory control are:
(a) To know whether materials are readily available for production/use. (b) To examine quantity
discounts for large orders.
(c) To ensure prompt delivery of materials to customers. (d) To stabilize the fluctuation of demands.
44. Differentiate between „Preference Shares‟ and „Equity Shares‟ on the basis of: 4 (a) Voting Right
(b) Payment of Dividend
(c) Repayment of Capital
(d) Rate of Dividend
asis eference Shares uity Shares

Voting Right Do not enjoy joy voting rights

(b) Payment of uity preference shares holders are


ividend given preference over equity aid

) Repayment of given preference over equity share


ital olders aid only at the time of winding up.

(d) Rate of dividend ixed varies year to year


45. State the two key behavioural characteristics of an entrepreneur.
The two key behavioral characteristics of an entrepreneurs are:-
(a) Perceive an opportunity
(b) Creativity to innovate and build something of market value.
46. Name the environmental factor which relates to welfare and safety of employees. Legal
environment
47. List any two marketing functions under the head „Physical supply‟. The two marketing functions
under the head physical supply are:

N.NITHYA AP/MBA
III SEMESTER/II YEAR BA5014 ENTREPRENEURSHIP DEVELOPMENT

(a) Transportation
(b) Storage
(c) Warehousing
48. Name the products which are sold to other firms for their production purposes. Industrial products
Example- (Any one): Machines, equipments, raw materials, packaging and labeling products etc.
49. For which type of products can the manufacturer initially fix a very high price?
When the product is an innovative one and is received by the market well. Pricing method which is
used for these types of products is – skimming price method.
50. What do you mean by idea generation?
Generating new ideas can b a very burdensome task. Putting them into practice can be much harder.
Business ideas come from a careful analysis of market trends and consumer needs.
For selecting a good business idea an entrepreneur first generate the idea ,screen it and choose the best
idea which may be converted into business opportunities.
51. What are the ancillary industrial undertakings?
An ancillary industrial undertaking is one that produces parts ,components, sub-assemblies and tooling
for supply against known or anticipated demands of one or more large units manufacturing assembly
complete products.
52. What are the common errors in a project report?
1) Product selection
2)Market study
3)Technology selection
4)Selection of ownership form
5)Capacity utilisation estimates
53.How entrepreneurs prevent sickness?
1) Macro economic policy changes
2)Sub sector wise long term policy
3)Improvement of infrastructural facilities
54. How entrepreneurs select the market channels?
This process involves specifying the type, location, density ,and functions of intermediaries ,if any, in
a marketing channel. However, before addressing these decisions, the manager must conduct a market
analysis in order to identify the target markets that will be served by a prospective marketing channel.
55.Explain PERT.
The program evaluation and review technique , commonly abbreviated PERT, is a statistical tool ,
used in project management , that is designed to analyze and represent the tasks involved in
completing a given project.
56. Explain CPM.
The critical path method is an algorithm for scheduling a set of project activities. It is an important tool
for effective project management. CPM is the method project planning consisting of a number of well
defined and clearly recognizable activities.
57.Describe project evaluation.

N.NITHYA AP/MBA
III SEMESTER/II YEAR BA5014 ENTREPRENEURSHIP DEVELOPMENT

Evaluation is the periodic assessment of a projects‟ relevance, performance ,efficiency, and impact in
relation to stated objectives: Project managers undertake interim evaluations during implementation as
a first review of progress , a prognosis of a projects‟ likely effects, and as a way
to identify necessary adjustments in project design.
58. List the “Nature of project”.
1) Tangible product
2)Intangible product
3)Craft work
4) Intellect work
59. What are the traits of entrepreneur?
1)Explorer
2) Coordinator
3) Driver
4) Administrator
60. What are the contents of Project feasibility report?
1) Objective and scope of the report.
2) Product characteristics, i.e, the specifications , uses and applications , standards , quality , etc.
3) Raw materials requirement , prices , sources and properties of raw materials.
4) Manufacturing process, selection of process , production schedule and techniques.
5) Requirement of land area , building , construction schedule.

UNIT-IV

61. Why is a Project report required? Explain briefly.


A project is required to clarify for the entrepreneur as what he is doing, why he is doing it and how he
will do a particular work.
It will enlighten him during the progress of the venture and facilitate him to moderate and harmonize
with various components of the scheme.
62. Explain „Market Survey and Analysis‟ as a feature of a feasibility plan.
A market survey analysis helps the entrepreneurs to know the characteristics of the market. It will
make him aware whether the production of a product is viable in the market or not, what are the
customer needs and attributes, quantity needed level of consumption etc.
63. Define a Planning paradigm.
Planning paradigm- it is a general pattern which suggests how to progress from an abstract idea to
achieving sustained stability, growth and value added services.
64. Why is inventory control essential for an entrepreneur? Give any two reasons. Inventory control is
essential because:
(a) To know whether materials are readily available for production/ use. (b) To examine quantity
discounts for large orders.

N.NITHYA AP/MBA
III SEMESTER/II YEAR BA5014 ENTREPRENEURSHIP DEVELOPMENT

(c) To ensure prompt delivery of materials to consumers


(d) To stabilize the fluctuations of demands
(e) To take care of holding cost and carrying cost of inventory.
65. Name the idea field which deals with providing a new technique of teaching. Market driven or
demand driven ideas
66. Explain in brief any three types of resources that have to be considered by an entrepreneur while
setting up a small-scale enterprise.
Resources are:
(a) Human resources (men)
(b) Material resource (material) (c) Financial resources (money)
67. Explain „ability to perceive and preserve basic ideas‟ as a factor in the process of sensing
opportunities.
“Ability to perceive and preserve basic ideas”. Every idea that we get is not an opportunity. An
opportunity is that idea which is based on what consumers want.
68. List the three basic qualities that a” good entrepreneur should have. The basic qualities of a good
entrepreneur are:-
(a) creativity
(b) Innovation
(c) Propensity to risk taking
(d) Taking initiative
(e) Concern for attaining standards of excellence in whatever they undertake. (f) Orientation to
problem solving.
69. venture capital

The term venture capital comprises of two word, ,namely, „venture‟ and „capital‟. The term venture
literally means a course or proceeding, the outcome of which is uncertain but which is attended by the
risk of danger of „loss‟. On the other hand, the term capital refers to the resources to start the
enterprise.

According to 1995 finance bill, “ Venture capital is defined as long-term equity investment in novel
technology based projects with display potential for significant growth and financial return”.

70. What is meant by Operating planning?

In simple terms, it refers to the involvement of applying plans, controlling the operations of new
venture through a defined direction and with the help of certain organisation for a production function
to occurs successfully. It is essential to all the department production, design, finance, human resource,
logistic, marketing etc.,

N.NITHYA AP/MBA
III SEMESTER/II YEAR BA5014 ENTREPRENEURSHIP DEVELOPMENT

71. List out the functions of operations planning.

1. Product selection and design


2. Facilitates location
3. Production planning
4. Inventory control
5. Quality control
6. Work measurement.

72. What are importance of Operation planning?

1. Organisation
2. Consumer
3. Investors
4. Employee
5. Suppliers
6. Community
7. Nation.
73. What is Market selection?

A firm target market is a limited group of individuals or business that it goes after or tries to appeal
to. It is important that a firm first choose its target market and position itself within its target market
because virtually all its marketing decision hinge on this critical initial choices.

74. State the types of incubators.

1. Government sponsored
2. Non profit sponsored
3. University or academic institutions
4. privately sponsored

75. Define business incubation.

Business incubation is a dynamic process of business enterprise development. Incubators nurture


young firms, helping them to survive and grow during the start-up period when they are most
vulnerable. Incubators provide hands-on management assistance, access to financing and
orchestrated exposure to critical business or technical support services. An incubation program‟s
main goal is to produce successful graduates – businesses that are financially viable and
freestanding when they leave incubators.

76. What are the services provided by incubators?

N.NITHYA AP/MBA
III SEMESTER/II YEAR BA5014 ENTREPRENEURSHIP DEVELOPMENT

1. Flexible space and flexible leases


2. Administrative services
3. Management help
4. Expert advice
5. Specialisation
6. Increase credibility

77. What is growth strategies?

The growth strategy is one of the grand strategy of the business. It is used by the business to
achieve the growth objectives. In simple terms, strategy is the well planned course of actions
devised to achieve an objective. Accordingly growth strategy meant to expand business
operations.

78. What is meant by product development strategy?

This strategy necessitates developing new products to be sold in existing markets. This can be
seen as a quite common process because for a company to sustain its presence and growth it can
not be real rely on a single product range.

79. List out the elements of IT start up


1. Capital
2. Game plan
3. Risk ready
4. General liability insurance

80. List out the step in starting an IT company.

1. Determine the areas of expertise


2. Research and analysis market
3. Enhance required services and skill
4. Draft a business plan
5. Obtain funding
6. Setting up legal frame work
7. Market service

N.NITHYA AP/MBA
III SEMESTER/II YEAR BA5014 ENTREPRENEURSHIP DEVELOPMENT

UNIT-V

81. Explain with the help of an example, how does an entrepreneur assess the requirements of working
capital.
Working capital is the capital required by business to carry out day to day activities. It is generally
calculated for full operating cycle.
82. List any six factors that should be kept in mind by an entrepreneur as a part of production plan.
Six factors that should be kept in mind by an entrepreneur as a part of production plan are :
(a) Machines, tools and equipments required. (b) Cost, type and supply of raw materials
(c) Work schedules.
(d) Quality control / assurance
(e) Maintenance
(f) Capacity utilization
(g) Skilled and unskilled labour requirements

83. Explain „Distribution Mix‟ as an element of „Marketing Mix‟.


Distribution Mix:- it is also known as place mix. It is concerned with movement of goods from the
place of production to the place of consumption, at right time.
It involves :
(a) Physical distribution - storage and transportation
(b) Channels of distribution – whole sellers and retailers

84. Explain the role of „financial planning” in „financial management‟. It matches the needs of the
enterprise for short term as well as long term purposes.
(b) It helps in estimating the amount of capital to be raised so that an enterprise may be protected from
the adverse consequences of over capitalization and under capitalization
85. Explain „Demand Driven Ideas‟ and „Trading Related Ideas‟ as idea fields.

Demand driven ideas: To carry out a market research is an important method


of generating ideas. This study yields valuable data about trends of supply, demand, consumers
preferences etc. sometimes information is also available with association and organizations.
Trading related ideas: trade in simple terms is buying goods and services and selling them to
consumer at a profit. One big advantage that trading has over other types of business is that it is easier
to launch and less risky. However necessary for a prospective trader to be aware of the trends in an
economy.

86. Name and explain the concept which states that at a particular volume of production a firm neither
makes a profit nor a loss.

N.NITHYA AP/MBA
III SEMESTER/II YEAR BA5014 ENTREPRENEURSHIP DEVELOPMENT

BEP is the volume of production at which a firm neither makes a profit nor a loss. At the BEP revenue
equals that total costs.

87. State any four disadvantages of issuing equity shares. Limitations of issuing equity shares:
(a) Floatation cost is higher than other sources finance
(b) Company can not take advantages of trading on equity, if it is depending exclusively on equity
shares. (c) Danger of over capitalization.

88. Explain any two growth sustaining activities of an enterprise. Growth sustaining activities of an
enterprises (any two)

(a) Modernization
(b) Expansion
(c) Diversification
(d) Substitution
(e) Franchising

89. Explain any six steps which help in identifying a feasible product or process. Steps which help in
identifying a feasible product on process :
(a) Product or service identification
(b) Application and use (c) Level of operation (d) Cost
(e) Competition
(f) Technical complexity
(g) Annual turnover on profit margin

90. What is a „Project Report‟ ? State any four elements of a Project Report.
The project report is basically a business plan. It describes all necessary inputs to the enterprise. It
explains the mode of utilization of resources and also details the strategies for the execution of the
project. It outlines the desired goals.
(a) Description of the promoters
(b) Description of the enterprise
(c) Economic viability and marketability
(d) Technical feasibility

91. Define small business.

The many yardsticks used to distinguish small from large business include number of employees,
level of annual sale, amount of owner‟s equity and total asset. A small business is defined as an
independently owned and managed profit seeking enterprises employing fewer than hundred people.

N.NITHYA AP/MBA
III SEMESTER/II YEAR BA5014 ENTREPRENEURSHIP DEVELOPMENT

92. List out the types of small business.

1. Manufacturing industries
2. Ancillary industries
3. Cottage industries
4. Small scale services
5. Feeder industries

93. Define sick industry

“ A sick unit is unit which fails to generate an internal surplus on a continuous basis and depends
for its survival upon frequent infusion of external funds”

94. What are the criteria to identify Sickness.

1. Continuous decline in gross output compare to the previous two financial years
2. Delay by more than 12 months in repayment of loan taken from institutional source
3. Erosion in the net worth to the extent of 50% of the net worth during the previous accounting
year

95 List out the preventing sickness of business unit.

1. Macro economic policy changes :


2. Sub sector wise long term policy
3. Implementation of the announced policies
4. Development of small industry sector
5. Rationalisation of tariff

96 what are the way of rehabilitation of sick unit?

1. Interest dues on cash credit and term loan


2. Unadjusted interest dues
3. Term loan
4. Working capital term loan
5. Cash loss

97. What is meant by technical appraisal ?

It includes the following:


(i) Study the manufacturing process used by the unit. Ascertain if any new process has
since been developed.

N.NITHYA AP/MBA
III SEMESTER/II YEAR BA5014 ENTREPRENEURSHIP DEVELOPMENT

(ii) Study the production capacity of different production sections and check-up if the
capacity of different sections is perfectly balanced.
(iii) Explore the possibility of adding additional/special features to the products that will
add competitive edge to the product.

98. Define Commercial appraisal.

(i) Commercial failure of a project will be mainly due to problems relating to the product itself
viz., defects/imperfections in product design which may lead to consumer resistance.
(ii) In spite of consumer acceptance of the product, if the project has gone sick, it is likely that the
profit margins might be low. Minor modifications in designing and packing of the product
with upward revision in price may be accepted by the market which may bring better returns
to the company.

99. What are the new guidelines for rehabilitation of sick SSI units.

(i) If any of borrowed accounts of the unit remains sub-standard for more than six
months., i.e., principal or interest in respect of any of its borrowal accounts has
remained overdue for a period exceeding one year.
(ii) There is erosion in the net-worth due to accumulated cash losses to the extent of 50
percent of its net-worth during the previous accounting year.
(iii) The unit has been in commercial production for at least two years.

100. Briefly explain the process of Promoter‟s contribution.

As per the extent of RBI guidelines, promoter‟s contribution towards the rehabilitation package
is fixed at minimum of 10 per cent of the additional long-term requirements under the
rehabilitation package in the case of tiny Sector units and 20% for the other units. In the case of
units in the decentralised sector, promoter‟s contribution may not be insisted upon. A need is felt
for increasing the promoters‟ contribution towards rehabilitation from the present limits. At
least 50% of the above promoter‟s contribution should be brought in immediately and the
balance within six months.

SECTION B & C

UNIT – I

1. Explain the Features of entrepreneurship?

N.NITHYA AP/MBA
III SEMESTER/II YEAR BA5014 ENTREPRENEURSHIP DEVELOPMENT

2. Differentiate b/w Entrepreneurship vsintrapreneurship.


3. Explain Factors affecting growth of entrepreneurship in India.
4. Explain the Problems to entrepreneurship.
5. Describe the Classifications of entrepreneur.
6. What are the Problems of women entrepreneurs.
7. Explain the Theory of achievement motivation
8. Explain Factors influencing development in entrepreneurship
9. Explain the Ancilliarisation in India
UNIT-II

10. Describe the Methods of idea generation.


11. Explain Entrepreneurship and innovation.
12. Explain Environment scanning.
13. What are the Objectives of business plan.
14. Explain the Steps in a business plan.
15. What are the Contents of a project report
16. Classification of small scale industry
17. What are the Steps to set up a SSI.
18. NABARD and NSIC
19. Explain the Problems of SSI
20. What are the Solutions to problems of SSI
UNIT - III
21. Explain the Causes of Industrial sickness
22. What are the Remedies of industrial sickness.
23. (a).State the criteria for selecting a new Product.
(b).Draw a business plan for starting a restaurant near your college.
24.What are the considerations while analysing the following for setting-up a small business?
(i)Marketing feasibility
(ii)Financial feasibility
(iii)Technical feasibity
25.Definefeasilitystudy.Discuss the steps involved in the preparation of feasibility study.
26.Elobrate the methodology involved in the identification of a new product.
27.Define industry analysis, Elobrate the marketing research plan for the new venture.
28. Entrepreneurship has been said to be an effective vehicle to poverty reduction in most
development country.Discuss
29.Define international business. Explain the entrepreneurial entry into International business.
30.Explain the different forms of intellectual property with suitable examples? What are the different
types of licensing?

UNIT – IV
31.Explain the various sources of capital available for an entrepreneur.
32.Describe the growth strategies for small business emphasizing the merit and demerit of each.

N.NITHYA AP/MBA
III SEMESTER/II YEAR BA5014 ENTREPRENEURSHIP DEVELOPMENT

33.Discuss the steps involved in mobilising finance for a small business.


34.Discuss the role of governmentinstitution in assisting the entrepreneurs in the area of operations
planning.
35.What are the national level promotional agencies working for the development of small-scale
industry? Critically examine their function.
36. Technology has become an integral part of any business unit. Keeping this statement mind discuss
the role of technology in designing the business strategies/plan of a firm. Illustrate your answer with
the help of an example.
37.Explain organisation and financial plan with all details.
38.What are the various types of clearances required to be taken by an entrepreneur for starting
managing a SSIs in India? Explain.
39.Explain the steps involved in launching of small business.
40. Write short notes on:
i) Venture capital
ii) Capacity planning
UNIT – V

41.Discuss the causes and consequences of industrial sickness.


42.Elaborate on the remedial measures to overcome industrial sickness.
43.Why is business ethics important for small scale industries.
44.Discus the factors involved in managing a small business.
45.Describe in your own words and prepare a report for the prevention of sickness in small business.
46.What is rehabilitation of business units? Explain the effective management of small business.
47. How sickness can be prevented? State the remedial measures for sickness.
48. State the characteristics of small business. Explain the dynamic role of small business in economic
environment.
48. Write a detailed note on monitoring and evaluation of small business along with its methods and
tools.
49.Discuss the causes and process of sickness in small business unit.
50. What are the problem faced by small business? Explain the ways for effective management of
small business.

N.NITHYA AP/MBA
III SEMESTER/II YEAR BA5014 ENTREPRENEURSHIP DEVELOPMENT

N.NITHYA AP/MBA
III SEMESTER/II YEAR BA5014 ENTREPRENEURSHIP DEVELOPMENT

N.NITHYA AP/MBA
III SEMESTER/II YEAR BA5014 ENTREPRENEURSHIP DEVELOPMENT

N.NITHYA AP/MBA
III SEMESTER/II YEAR BA5014 ENTREPRENEURSHIP DEVELOPMENT

N.NITHYA AP/MBA
III SEMESTER/II YEAR BA5014 ENTREPRENEURSHIP DEVELOPMENT

N.NITHYA AP/MBA
III SEMESTER/II YEAR BA5014 ENTREPRENEURSHIP DEVELOPMENT

N.NITHYA AP/MBA
III SEMESTER/II YEAR BA5014 ENTREPRENEURSHIP DEVELOPMENT

N.NITHYA AP/MBA
III SEMESTER/II YEAR BA5014 ENTREPRENEURSHIP DEVELOPMENT

N.NITHYA AP/MBA
III SEMESTER/II YEAR BA5014 ENTREPRENEURSHIP DEVELOPMENT

N.NITHYA AP/MBA
III SEMESTER/II YEAR BA5014 ENTREPRENEURSHIP DEVELOPMENT

N.NITHYA AP/MBA