Entrepreneurship and New Venture Creation Question Paper - 2010

  III Semester MBA Examination, January 2010

ENTREPRENEURSHIP AND NEW VENTURE CREATION

Time : 3 Hours                                              Max. Marks : 75

SECTION - A

1. Answer any six of the following. Each question carries 2 marks. (2 x 6 = 12)
    a) Define entreprenuership.
    b) What is opportunity identification ?
    c) Define small and medium enterprise.
    d) Differentiate between creativity and innovation.
    e) Whya some business plans fall ?

    f) What do you mean by Professional Registration Certificate ?
    g) What is 'Angle' financing?
    h) What do you mean by intiation strategy ? 

SECTION - B

Answer any three of the following questions. Each question carries 8 marks.         (3x8=24)


2. What are the myths associated with entrepreneurship ? Debunk each.
3. Explain the forces that are driving the growth of wntrepreneurship in India.
4. Describe the steps in the creative process.
5. Describe the various steps in new product planning and development.
6. Explain the process of establishing intrapreneurship in the organisation.

SECTION - C

Answer any two of the following questions. Each question carries 12 marks.         (2x12=24)


7. Discuss the importance od small and medium enterprises in the economic development of a   country and comment uppon their problems in the post liberalisation scenario.
8. Explain the advantages and disadvantages of the three major forms of business ownership.
9.  Why every entrepreneur should create a business plan? Discuss the elementa of a solid business plan.