VIT AP

Lean Start-up Management [MGT1002 - 359]

Marks: 50 Duration: 90 mins.
PART A (20 x 1 = 20 Marks)
Answer all the questions.
1) Mr. Sanjay is in the very early stages of putting together a business startup, and is (1)
thinking about writing a business plan to request funds to conduct a feasibility
analysis and write a more complete business plan. what type of business plan
should Mr. Sanjay write at this point?
Full business Tactical business summary business operational business
plan plan plan plan
2) (1)
A corporate manager who starts a new initiative for their company which entails
setting up a new distinct business unit and board of directors can be regarded as?
Social
Ecopreneur Technopreneur Intrapreneur
Entrepreneur
3) Any Patent, Trademarks, Copyright or Trade Secrets held by the Entrepreneur is (1)
known as
Intellectual None of the
Disclosure Document Patent
Property Mentioned
4) A business where an Individual is both the owner and conductor of the business (1)
affair is called____________________
None of the
Corporation Partnership Sole Proprietorship
above
5) A _______________ can be a budget, a plan for spending and saving future (1)
income.
Organization
Marketing Plan Financial Plan Production Plan
plan
6) Who said that the job of the entrepreneur is "creative destruction"? (1)
Peter Joseph Brian
Pierre Trudeau
Drucker. Schumpeter Mulroney.
7) A greenfield business is a term used to describe the purchase of an existing (1)
business or a franchise.
True False
8) What is NABARD (1)
National Bank for National Bank National Bank for National Bank for
Agriculture and for Aqua and American and Architecture and
Rural River Records Real estate
Development Development Development Development
9) CRON Systems is a Startup which deals with (1)
Social Startup Defense Tech Startup IT Startup Financial Startup
10) (1)
Name the startup started by Mr. Manuskbhai Prajapati.
Mitti Crafts Mitti Cold Mitti Cool Mitti Clay
11) Name the television programme about young Entrepreneurs which is done by (1)
CNBC 18
Young Young Young
Young Turks
Guns Ideas Business.
12) Prime Minister Mr. Narendra Modi promises MSME Rs 1 Crore Loan in ____ (1)
Minutes
57 58 59 60
13) (1)
Name the start up started by 3 Zoho employees which is a SaaS based.
Zarget Innoweb Webtech Zohotech
14) (1)
 Actor & Entreprenur Hrithik Roshan started a StartUp business by name _____
HRS HRX HRY HRZ
15) PIVOT mean "Shift in Strategy" (1)
True False
16) Expand USP (1)
Unique selling Unique sellers Unique selling Unique service
proposition product product provider.
17) The startup 1mg is a (1)
All of the
ePharmacy, eDiagnostics, eConsultation
above
18) 10000 startups.com is a venture by NASSCOM (1)
True False
19) What is FDI ? (1)
Foreign Direct Fast Direct Foreign Data Fast Direct
Investment Investment Interpretation Interpretation.
20) Creativity is a Right Brain activity (1)
True False
PART B (3 x 10 = 30 Marks)
Answer all the questions.
21) What is Intrapreneurship ? What Is the difference between Intraprenureship and (10)
Entrepreneurship? Write the advantages and disadvantages of both with
examples.
22) . Explain the basic things to include in a business plan. Write Business plan with a (10)
startup idea.
23) From the Guest lecture of start up in food chain (GODAVARIUS) by Mr. Koushik (10)
Babu Founder, CEO given on 1st March 2019, He spoke about Franchise and how
it works.

a) Please write what is the meaning of Franchise with at least 3 examples from his
startup Godavari US (5 M)

b) From the Guest lecture of Mr.Ashish Sulkh given on 22.03.2019, who works with
National Geographic World Magazine Nat Geo, What were the key points from his
lecture on "Converting your Passion into your Profession in the world of
opportunities of an Entrepreneur". (5 M)

-----End-----