NAME: PRINCE SANJEET THAKUR ROLL NO: 110

CLASS: SYBMS-B SUB: BPEM

Q.1: What are the qualities of entrepreneur?

ANS: Entrepreneurship is defined as the act of starting and running your own business or a
tendency to be creative and wish to work for yourself in your own ventures. An example of
entrepreneurship is a person who is running his own business.
Qualities:

A) Risk assuming
B) Creative thinking
C) Innovate
D) Flexibility
E) Leader
F) Decision maker
G) Confidence in projects
H) Technical knowledge
I) Honesty
J) Motivator
Hence, these are some qualities of entrepreneur which is used in the growth
of organisation.

Q.2: What are the skills required by entrepreneur?

 ANS: Skills are:

a) Technical Skills
b) Behavioural Skills
c) Conceptual Skills
d) Economic Business skills
e) Implementing or Execution
f) Financial skills
g) Management skills
h) Project development skills
i) Marketing skills
j) Human relations skills
Hence, the ability to use one's knowledge effectively and readily in execution or
performance for the betterment of an organization.

Q.3: Explain external influences on entrepreneurship development?

ANS: External influences on entrepreneurship development are:
1: social factor
I: social mobility
Ii: Legitimacy of entrepreneurship
Iii: security
Iv: family
V: caste system
Vi: occupation
Vii: education
2: cultural factors
I: culture
Ii: religious belief
Iii: minority groups
Iv: spirit of capitalism
3: Political factors
4: Economical factors
I: market
Ii: labour
Iii: finance
Iv: infrastructure
5: Personal factors
I: Hard work
Ii: risk handeling
Iii: personality
6: Availibility of resources
I: capital
Ii: raw materials
Iii: labour.
These are some of the external factors which we learned that how the
external factors influences entrepreneurship development.

Q.4: State and explain the problems of woman entrepreneurship in india?

Ans: Problems of Woman Entrepreneurs in India are:

 No Independence
 Lack of Self Confidence
 Low risk bearing capability
 Male dominated society
 Lack of family encouragement
 Discrimination in upbringing
 Low mobility
 Lack of education
 Family ties
 Social recognition

These are the problems mentioned above are faced by the

women entrepreneurs in India.

Q.5. State and Explain Mergers and acquisition.

Ans:
MERGERS:
Benefits
i) Effective substitute
ii) Synergy
iii) Earning Capacity
iv) Diversification
v) Reducing competition
Limitations
i) Key Employee loss
ii) Growth rate
iii) Social ills
iv) Discontent of the merged company officials
ACUISITIONS:
Advantages
i) Established business
ii) Location
iii) Established Marketing Structure
iv) Cost
v) Employees
Disadvantages
i) Over-confidence
ii) Key employee loss
iii) Over-valued
Hence we learned that what are the mergers and
acquisition and their effectiveness, advantages and
disadvantages.