Module -1 Entrepreneurships (Two Mark Questions)

1. Define Entrepreneurship ? It is defined as the activity of an individual or a associated individuals, undertaken to

initiate, maintain or aggrandize profit by production or distribution of economic goods and

services.

2. List the different types of Entrepreneurs? The different types of Entrepreneurs are 1. Innovating Entrepreneur 2. Imitative Entrepreneur 3. Fabian Entrepreneur 4. Drone Entrepreneur 3. What are the characteristics of an Entrepreneur? The various characteristics are hard work, Achievement, optimistic, Independence,

foresight, Organiser Innovator.

4. List out some successful entrepreneurs in our country?

Tata, Birla, Modi, Dalmia, Kirlosker are some for the successful entrepreneurs in our

country.

5. Classify the entrepreneurship Functions? They are classified into Risk- bearing organization and innovation. 6. What do you mean by solo operators? Solo operators are entrepreneur who essentially work alone and if needed at all,

employ a few employees

7. Who are active partners?

Active partners are those entrepreneurs who start/carry on an enterprise as a joint

venture.

8. Who are inventors?

Entrepreneurs with their competence and inventiveness invent new products. They are

called as inventors.

9. Give any two difference between entrepreneurs and Intrapreneur?

Entrepreneurs Intrapreneur

(i) An entrepreneurs is independent Intrapraneur is dependent on the

entrepreneurs (ie) the owner

(ii) An entrepreneurs himself raises Funds are not raised by the

Funds required for the enterprise by the intrapreneur

10. Define innovating Entrepreneurs?

Innovating entrepreneurs is one who introduces new goods, inaugurates new methods

of production, discovers new market and reorganizes the enterprise.

11. Define imitative entrepreneurs?

Imitative entrepreneurs do not innovate the charges themselves, they only imitate

techniques and technology innovated by others.

12. Give any two difference between Entrepreneur and manager

Entrepreneur Manager

1. An entrepreneur is the A manger is the servant in the enterprise

owner of the enterprise owned by the entrepreneur

2. The reward of an entrepreneur A manager gets salary

get for bearing risks involved as reward for the services rented by him

in the enterprise is profit in the enterprise salary of a manager is

which is highly uncertain certain and fixed.

13. Give any two functions of an entrepreneur?

�� Determination of business objects

�� Raising necessary funds

�� Recruitment of men

�� Undertaking the business operations

14. Who are challengers?

These are the entrepreneurs who plunge into industry because of the challengers it

presents. When one challenge seems to be met, they begin to look for new challenges.

15. Who are Buyers?

These are entrepreneurs who do not like to bear much risk. Hence in order to reduce

risk involved in setting up a new enterprise, they like to buy the ongoing one.

16. Where did the word entrepreneur evolved from ?

The word entrepreneur has been taken from the French language where it cradled and

originally meant to designate an organizer of musical or other entertainments.

17. Explain about life timers?

These entrepreneurs take business as an integral part of their life. Usually, the family

enterprise and business which mainly depend on exercise of personal skill fall in this type.

18. Explain about done entrepreneurs?

These entrepreneurs refuse to adopt opportunities to make changes in formula. Such

enterprise may suffer from loss.

19. Define Intra preneurs?

They are new breed of Entrepreneurs. They emerge with in the confine of existing

industry. Top executives are encouraged to hold new ideas.

20. What are the basis elements of Entrepreneurship?

(i) Risk Bearing

(ii) Innovation

16 – Marks Questions

1. Explain the different Functions of an Entrepreneur ?

2. Explain the different types of Entrepreneur ?

3. Give the difference between Entrepreneur and Intrapreneur?

4. Explain the basis elements involved in Entrepreneurship?

5. Explain the Growth of Entrepreneur in India?

6. What are the characteristics of an Entrepreneur ?

Module- 2

Entrepreneur Motiratron (2mark Questions)

1. What are the Motivating factors needed for an entrepreneur?

1. Educational background

2. Occupational experience

3. Desire to work independently in Manufacturing line

4. Desire to branch out to manufacturing

5. Family background

6. Assistance from government

7. Assistance from financial institutes

8. Availability of technology/ raw material

9. Other factors

2. What are the internal factions to the entrepreneur?

a) Strong dense to do something inpendent in life

b) Technical knowledge and/or manufacture expenses

c) Business experience in the same or related line.

3. What are the external factors to the entrepreneur?

a) Financial assistant from institution sources

b) Assemodalan in indusial estates

c) Machinery on hive purchase

d) Attitude of the government to help new units

e) Profit Margin

f) Heavy demand

4. Write any three ambitions needed for an Entrepreneur?

a) To success self –employment

b) To make money

c) To guan social prestige

5. Write any three facilitating factors which motivates a person to become an

Entrepreneurs

a) Success stores of entrepreneurs

b) Property indented/self acquired/wife’s

c) Advance or influence of family members/relates/friends

6. Write some factors that is needed for achievement to become an entrepreneurs

Need for accruement is simply the design to be well not so much for the safer

recognition or prestige but for the safer of an inters feely of personal a complement. It is need

for achievement trust moorages people to take risk. People with high need for achievement

behave in an entrepreneurial way. Need for achievement stimulates me behaves of person to

be an entrepreneurs.

7. Write some psychopath factors for entrepreneurs moorhen.

1. keen interest is structure inrohmy modulate risk

2. Dense for taking personal responsibility

3. Inveigher or none instruments actual

4. Original skills

8. How Ambition is related to motivation?

Ambition is the mother of all mothers. The intentrus and the initiate of the man our

directed by his albinos . It is the ambitun that electrifies man’s

9. What are the steps needs to establish an entrepreneurial system?

1. Search for business ideals

2. Process the ideals

3. Select the best idea

4. Assemble the necessary inputs resources

5. Establish the enterprises.

10. What are the considered needed for evaluation and testy of business ideas.

1. Primary evaluation and testy

2. Detailed analysis

3. idea selector

4. input requirement

11. Write some considered needed for selection of an ideas for a product or service.

a) Product where impalas are bussed or retread by the government.

b) Products when can be expensed easily and profitability

c) Products which should high profitability

12. What are the main inputs needed for launches an enterprise?

1. Information and intelligence

2. Finance

3. Personnel

4. Rewards and maturation

13. What are the dates needed for an entrepreneurs to establish an enterprise?

a) size and native for the product or sources

b) volume and source of supply

c) price cost volume relationship

14. How France is necessary for an enterprise

France is the bowed of business and it series as the lubricant for the wheels of business

machinery. A business entranced request finance for fixed assets as well as for current assets.

15. What are the two methods considered for the estrema of funds requests for an

enterprise.

1. Cost theory

2. Ecunny theory

16. What are the rewards and membrane needed for an entrepreneurs ?

1. Considerable wealth

2. Presaged and status in the surely

3. Economic independence and power

4. Sense of adherences and pride

17. What are the advantage of industrial forms in the establishment of enterprises?

i. Bootrny of orders for supply of products

ii. On me spet sales of products

iii. Assessing the trends in competition

18. What are the tremors needed for maturation

i. Maslov’s need hiesarehy theory

ii. Mcckelland’s acquired needs theory

19. What are the needs explanted in Master’s need hierarchy theory?

The hierarchy of human needs consists of

a) Physiological needs

b) Safely and secured needs

c) Socral needs

d) Eyo needs

e) Self actrelisalin needs

20. Write has internel fachus & exhend feelures needed for motiration for establishy

enterprises

1. Internal Factors

(a) Educational background

(b) Occupahnil expresses

(c) Family background

2. Eternal factors

a) Asstace from government

b) Francal anrstane from, institution

c) Heavy demand for product

3.

1. Explain the different source of ideals 2. Write noted on a) Rewards and mortaring of an entrepreneurs b) Role of industrial fairs 3. What do you understand by entrepreneur mutable? Druid in detail 4. Explain the factors ubranch mutable people to become entrepreneurs 5. Describe the motrachned fared that cause entrepreneurs group in a development

country

Module -3

Business (2 Mark Questions)

1. What is small-scale incurred?

The govt of India defined small scale indiny as uint employing less chain 50

employee, if using power and less chain 100 employees without the use of power with a

capital amt not exceeding Rs.5 Lacks.

2. Types of Small- scale Industries.

a) Manufacturing Industries

b) Feeder Industries

c) Serving Industries

d) ancillary to large Industries

e) Quarrying or mincing

3. Relaleouship b/o small and clues units:

i) Competitive

ii) Supplementary

iii) Initiative

iv) Servicing

4. What are the types of rationale?

i) Employment argument

ii) Equaling argument

iii) Decimalization argument

iv) Lament resource argument

5. Give the objectives of small scale in durries ?

(i) to bring blew areas 100 in the mainstream of national development.

(ii) to promote balanced regional development in the whole country?

(iii) to ensure more equitable destination of national income.

6. What are the main problem of small-scale in durries ?

a) Raw Material

(b) Problem of finance

(c) Problem of marketing

(e) Problem of Under-Utilization of capacity other problem.

7. Define a project?

A project typically has a distinct merinos that is designed to achieve and a dea

terminality point, the achievement of the mission.

8. What are the baric alternates of project ?

(i) A course of action

(ii) Specific objection

(iv) Definite tinier perspective

9. Name the types of projects:

(i) Quantifiable and Non-quantification project

(ii) Sectored projects

(iii) Techno- Economic Projects

10. What are the classification of sectored project?

i) Agriculture and allied sector

ii) Irrigation and power sector

iii) Inclury and Mincing sector

iv) Transport and communication sector

v) Social service sector

vi) Miscellaneous sector

11. Define BEP:

Break even point is the level of production/sales where the includible enterprise shall

each neither profit nor incur loss.

B.E.P = 100xVS

F−

F = Fixed cost

S = Sales projected

V = Variable cost.

12. What is Network Analysis ?

A network is a set of symbols connected with each other with a sequential relationship

with each step making the compaction of a project/event.

13. Types of Network Analysis:

i) Programme Evaluation and Review Technique (PERT)

ii) Critical path method (CPM)

iii) Graphical Evaluation and Review Technical (GERT)

iv) Workshop Analysis scheduling programme (WASP)

v) Line of Balance (LOB)

14. Difference b/w pert and CPM

PERT CPM

i) Its orgin militancy its orgin is industry

ii) its allow uncertainty Does not allow certainty

15. Common Error in project Formulation :

1) Product section

2) Capacity Uhization Estimates

3) Mcorket study

4) Technology selection

5) Selection of ownership form.

16. What doc you mean ‘ex-ante’ analysis?

Project apprised mean assessment of a project. It make for both proposed and excepted

projects. In case of former the project appraisal is called ‘ex-ante’ analysis.

17. Methods of project Appraisal:

i. Economic Paralysis

ii. Financial Paralysis

iii. Market Paralysis

iv. Technical feasibly

v. Managerial Competence

18. Define proprietorship ?

It is the oldest form of business ownership in India. The enterprise is owned and

controlled by one person.

19. Advantages of proprietorship

i) simple form of organization

ii) Owner freedom to take decision

iv) Tax advantage

v) Easy disillusion

20. Define Partnership :

Awarding to Indian partnership out 1932 section (47), “The relation b/w person who

have agreed to share the profile of business curried on by all or any off them acting for all”.

16 Mark Question

1. How do small scale enterprises contorts to the national cake, Discuss.

2. Define a project report/business plan why is a project report prepared

3. How will you anticipate market for your proposed product.

4. You plan to start a small enterprise. How would you choose the appropriate form of

ownership proton for your enterprise.

5. One man control is the best is the man is big enough to control every thing. Do you

agree? Give reason.

Module – 4

2Marks Questions

Financing & Accounting

1. Sate the need for Financing planning?

Finance that facilitates an enterprises to bring together land, labour machinery & Law

materials to centime then to produce goods.

2. What do you mean by long term capital ?

This is the money whose Repayment is assigned for more than 5 years in future.

3. Explain short term capital?

The crossword capital that is to be repaid win in one years.

4. Determine the sources of finance?

- Internal Source

- External Source

5. Elaborsete Internal source?

- Funds are levied from with in the enterprise

- Financing could be owner capital known am equity.

6. Deserter about external source?

Funds levied from other then external source are from external sources

7. Define capital structure?

It is the basic between debt & equity capacity. Also called as detract – quity basic

8. Factors determine capacity structure ?

- Nature of business

- Size of enterprise

- Trading on requite

- Cash flows

- purpose of Financing

- Provision for future

9. Board certificate of loans?

- Short tam loans

- long tern loans

10. Explain long –term loans ?

Loan taken for fairly long desertion of time regarding from 5 years to 10 or 15 years.

These loan are raised to meet the financial requirement.

11. Explain share?

Share is unit into which the total capitals of a company is divided.

12. Explain types of share?

- Preference shares

- equity shares

13. Define project design?

It defines the individual activities which go in to the corpus of the project and their

interrelationship with each other.

14. Explain network?

A network is a sesis of entered activities which result in some product of service

which in this contributes to me goals of a business or other organization.

15. Explain activity?

An activity between to some action which is a time consuming effect necessary to

complete a specific event .

16. Explain event?

An event refers to the start or completion of some activity & as such consumers

neither time nor resources.

17. What is a network diagram?

It is a graphical representation to project.

18. Define ‘Burst’?

An event may be the starting event for more number of activities and in met case such

an event will be called an burst?

19. Define node ?

When an event is an enclosing event for more number of activities, such an event will

be technology called an mode.

20. Define dummy activities?

A dummy activity is an imagery activity which consumers neither time nor research.

21. What is skate ?

A skate or that is the time to spare the time over which the activity may be delayed

with out affecting the over sill completion of the project .

22. Define forecourt pass ?

It is the first operational energies undertaker for scheduling computations with the

help of network diagrams.

23. What do budget formulation exercise in volumes?

- Marketing department

- Production department

- accounting department

24. Use of critical post method (CPM)?

It differentiates planning and scheduling?

25. Define scheduling?

It refers to the in reduction of time in to the plan there by reating time schedule for the

various activities so that these is a precise known time that each activity in the project will

false.

16marks

1. What are the various types of network techniques?

2. Describe the produces for the construction of project work?

3. What is meet by CPM. What are its reliant features?

4. Explain the objectivite & functions of IC IC I

5. How will you decide, as an entrepreneur, the most editable agency or project

finance?

Module – 5

Support to Entrepreneurs (2mark Questions)

1. What are the varicose forms of organization ?

i) Sole Proprietorship

ii) Partnership

iii) Joint stock company

iv) Co-operative Enterprise

2. Name the salient features of sole proprietorship

a) Single ownership

b) One man control

c) No expense legal entity of the firm

d) Unlimited liability

e) Undivided risk

3. Merits and demerits of sole proprietorship

Merits Demerits

i) Ease of formation Limited funds

ii) Direct motivation Lack of specialization

iii) Independent control Unlimited liability

iv) Quick decoction Uncertain life

4. Characterizes of partnership firm :

a) Agreement - Written or oral

b) Lawful business

c) Sharing of profit

d) Utmost good faith

5. What are the merits of partnership ?

1. Larger financing resources

2. Flexibility of operation

3. Capacity for survival

4. Specialization and balanced approach

6. What are the factors for fancying a business enterprise?

a. Nature of business – Service, Trade

b. Scale of operation – Volume of business

c. Degree of direct control desired by owner

d. Division of profit among the owner

e. Scope and plan of internal organization

f. Comparing tax liability

.

7. Name any two needs for incentives:

a) To remove regional disparities while developed

b) To provide competitive, strength survival and growth .

8. Benefit of Taxation :

i) Tax holiness

ii) Depreciation allowance

iii) Development rebate

iv) Rehabilitation allowance

9. Name few function of Director of Exhibitions.

a) Arranging participation in international exhibitors

b) Arranging Indian exhibitions around

c) Planning show room in fore in counties.

10. What are the functions of export promotion council?

i) Arranging Market survey

ii) Developing trade contact

iii) settling trade disputes

iv) Assisting quality control

v) Joint participation in trade fairs and exhibition abroad

11. What are the function of commodity Boards?

i) Promotional activities

ii) Intensive résistance to expected

iii) Precipitate in exhibition ands pairs aboard.

12. What are the stases involved in imports procedure?

a) Placing of indent

b) Terms of payment

c) Currin formation

d) Clearing formation

13. Name some of custom formatives:

i) Endorsement on the bill of lading

ii) Bill of entry

iii) Bill of site

iv) Application to import

14. What is incentives?

The term incentive is a general one and includes concersion sutured and bounties

15. What do you mean by subsidy?

Subsidy denoted single lump sum which is given by Govt to an industry.

16. Define Boundy?

The term boundy denoted bonus or financial aid which is given by Govt to an industy

to help it compete with other units in the nation s or in the foreissn market

17. Procedure for registration in partnership form

i) Name of the firm

ii) Principal place of its business

iii) Name of our places where the firm caring on business

iv) Names in full and permanent add of all the pertness.

v) Duration of firm if any

vi) Nature of forms business

18. Advantages of subsidized and incentives ?

i) They act as motivational force which makes the prospective entrepreneurs to

enter to enter into manufacturing fine to start in durries in backward arrears.

19. List any four schemes of incentives in operations?

a) Interest free loam

b) Freeport security

c) Land and building at conventional date

d) Provision for seed capillal

20. For what purpose rehabilitation alliance is given:

i) Pilot or civil disturbance

ii) Flood, hurnicane, cyclone, Earthqueen and other natural dissacer.

ii) Accidental fire or expansion

16marks

1. a) What are the salient features of a partnership firm?

b) What are the merits of partnership firm?

2. How will you choose the appropriate form of entrepreneurial origination for you

business?

3. What are the various incentives offered by the central and state government for the

promotion and growth of small business in India?

4. Describe the procedure for the import of capital goods and raw materials?

5. Explain the activities of the following bodies?

a) Export promotion council

b) Trade Representative of India abroad

c) Indian Institutive of Freeing trade.

d) Trade fair Authority of India.