Entrepreneurship Development

Development requires resources but resources alone do not produce development? Explain the functions of entrepreneur in the light of this statement

(a) Who is an Entrepreneur? What are unique characteristics and capabilities of an Entrepreneur? Discuss in brief

What is the meaning of Innovation according to Schumpeter? What type of changes results from Innovation. 

Define business planning and prepare a proposed business plan on behalf of a small entrepreneur. 

(a) "Most of the business opportunities exist in the environment"Explain

(b) Discuss the role of Entrepreneurs in export promotion and import substitution.

"Continuous interaction between knowledge, strategy and action is needed to develop an enterprise". Comment using the Enterprise Process Model

Describe the phases of an Entrepreneurship Development Programme (EDPs)? How should an EDP be evaluated? 

(a) State the concept of social responsibility. Also explain the major areas of social responsibility of a business.

(b) What is meant by Balanced Regional Development? How does entrepreneurship helps in achieving the same?

(b) Discus few theories of Entrepreneurship as given by Ducks, Schunter etc. in brief.

07 Discuss the impact of recent demonetization on the entreprenemial development in India. Explain your answer with suitable examples.

Q6 Discuss the role of an Entrepreneur in bringing about Economic Growth of a country. How economic growth takes place with the growth of Entrepreneurship in any country? Explain with examples.

Q5 What are EDPs? How are these organised? Discuss the stages and activities involved in EDPs? 

Q4 What are the sources of funds for a start up in India? Discuss these sources mentioning their relative merits and demerits. 

Q2  "To start a business, it is IDEA that is needed not money." Discuss the statement in the light that how to identify opportunities for starting business. Give an illustrative list of few business ideas.

Write short notes on the following:

(a) Entrepreneurial Attitude

Write short notes on the following:

(b) Venture Capital

Write short notes on the following:

(c) Business Risk

Write short notes on the following:

(d) Women Entrepreneurs

Write short notes on the following:

(e) Franchising

What is mean by entrepreneurship? Explain the need and importance of entrepreneurship in the context of the Indian economy.

What are the psychological needs identified by McClelland? Why is the need for achievement stronger among creative entrepreneurs?

What is meant by business opportunity? An idea that is not assed for its opportunity potential may fail in business. Comment on this statement citing suitable examples.

What is venture capital? Who provides it? Explain the role of venture capital in entrepreneurial development.

Explain the concept of creativity and innovation. How are they interrelated? Briefly discuss the various sources of innovation.

What is meant by Entrepreneurship Development Programme (EDP)? Explain.

a) the need of EDP;

b) pre-training phase of EDP and

c) evaluation of EDPs.

Case study:

"Ethics is good business" is the motto of PHD chamber of commerce and industry. A large number old business houses such as Ranbaxy, DCM Shriram, Apeejay Satya Group, Ansal Group, Atlas cycles etc. have endorsed the code of ethics adopted by PHD chamber of commerce and industry this code is reproduced below:

Code of Ethics by PHD chamber of commerce and industry: It is believed that the best way of promoting high standard of business practice is through self- regulation. Business should be conducted in a manner that it earns the goodwill of all concerned through quality, efficiency, transparency and good values. This code has been designed as voluntary guideline to achieve these objectives:

• Be truthful and realistic in stating claims
• Be responsive to customer needs and concerns
• Treat all stakeholders fairly and with respect
• Protect and promote the environment and community interest.

(a) What message is conveyed by the slogan "ethics is good business".

(b) With help of examples state the common unethical practices undertaken by business firms.

Write short notes on any two of the following:

(a) The role of entrepreneurship in export promotion.

Write short notes on any two of the following: 

(b) Legal requirements of establishment of a new firm.

Write short notes on any two of the following: 

(c) Impact of socio-economic factors on growth of entrepreneurs.

03 Explain the procedure involved in establishment of a new unit in India. What Registrations are required? Explain the steps involved with documentation requirements.