NMIMS Global Access

School for Continuing Education (NGA-SCE)

Course: Entrepreneurship and Venture Capital Management
Internal Assignment Applicable for April 2024 Examination
Assignment Marks: 30

Instructions:

 All Questions carry equal marks.

 All Questions are compulsory
 All answers to be explained in not more than 1000 words for question 1 and 2 and for
question 3 in not more than 500 words for each subsection. Use relevant examples,
illustrations as far as possible.
 All answers to be written individually. Discussion and group work is not advisable.
 Students are free to refer to any books/reference material/website/internet for
attempting their assignments, but are not allowed to copy the matter as it is from the
source of reference.

 Students should write the assignment in their own words. Copying of assignments from
other students is not allowed

 Students should follow the following parameter for answering the assignment questions

For Theoretical Answer For Numerical Answer

Assessment Parameter Weightage Assessment Parameter Weightage
Introduction 20% Understanding and usage 20%
Concepts and Application 60% of the formula
related to the question Procedure / Steps 60%
Conclusion 20% Correct Answer & 20%
Interpretation

Q1. “Innovation is the driver of progress and success in business.” Explain the statement.
(10 Marks)
 NMIMS Global Access
School for Continuing Education (NGA-SCE)
Course: Entrepreneurship and Venture Capital Management
Internal Assignment Applicable for April 2024 Examination

Q2. Vaso Biotech is a Pharma Company owned by Aziz, a sole proprietor. Employees
being the biggest asset of the organization, Aziz was finding it difficult to involve each
employee to work dedicatedly for a common goal, which is eventually affecting the
business. Kindly advise Aziz what could be done in this situation so that the business
could be a great success. (10 Marks)

Q3. Binu and Roshini are best friends who wanted to start a business. They have done
their MBA and wanted to do something unique. So, they decided to start a business of pet
friendly café where they are planning to offer pet foods along with snacks and beverages
pet owners. They are feeling if the business does not run well, it will affect their
friendship.

a) According to you what form of ownership will be best in this situation. (5 Marks)

b) What kind of funding will be suitable for this business? Justify your answer. (5 Marks)

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