BB3602 Entrepreneurship Development

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END SEMESTER EXAMINATION

Even Semester 2023-2024

Subject Code & Name: BB3602 Entrepreneurship Development

Program/Branch/Year: B.COM/BBA SEM VI JUNE 2024

Time: 3 Hrs Max Marks: 100


1. Do not write anything on the question paper except your Roll No.
2. Answers should be written in clear and legible handwriting. Neatly labeled diagrams will fetch better marks.
3. Students must clearly write the question number & sub-part of question that they are attempting.
4. This question paper consists of 5 questions and all are compulsory. All questions carry 20 marks each.
5. Students are expected to take about 30 minutes each for Questions 1 to 5 and remaining 30 minutes are for
reading the question paper and revision.
Note: BL refers to Blooms Taxonomy Level indicating Level of Complexity of a question

Parts i) and ii) of each question are compulsory and each part carries 2 marks. Parts iii), iv) and v) carry
8 marks each and the student may attempt any 2 parts.
Q1.

i) The employee who is entrusted with the responsibility to make innovation innovation in the organisation is called [BL
1]
a) Innovator
b) Corporate Entrepreneur
c) Intrapreneur
d) None of the above
(2 marks)

ii) The concept of entrepreneurship [BL 1]


a) Following predefined career paths
b) Taking risks without any plan
c) Creating innovative solutions and ventures
d) Ignoring market trends
(2 marks)

iii) Define intrapreneur. Distinguish between intrapreneur and entrepreneur. [BL 2]


(8 marks)

iv) Discuss the challenges faced by entrepreneurs during initial stages of their businesses. [BL 2]
(8 marks)

v) Explain the major problems faced by rural entrepreneur in India. [BL 2]


(8 marks)

Q2.

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i) The role of the Development Institutes of the Government in promoting entrepreneurship [BL 1]

a) Providing free movie tickets


b) Offering training and counseling services
c) Distributing free smartphones
d) Organizing cooking competitions
(2 marks)

ii) Micro Enterprises increase regional imbalances in economic development.(True/False) [BL 2]


(2 marks)

iii) Explain the role of District Industries Centers (DICs) in supporting entrepreneurship at the local level. [BL 2]
(8 marks)

iv) Explain the factors that should be considered when determining the financial needs of a business venture? [BL 2]
(8 marks)

v) Explain the various sources of finance available to entrepreneurs. [BL 2]


(8 marks)

Q3.

i) Entrepreneurial motivation is primarily driven by: [BL 1]


a) Fear of failure
b) Desire for financial gain
c) Aversion to risk
d) Resistance to change
(2 marks)

ii) Entrepreneurial motivation is solely driven by financial gain. (True/False) [BL 1]


(2 marks)

iii) Discuss the role of passion and perseverance in entrepreneurial motivation. How can entrepreneurs stay committed to
their goals and overcome setbacks and obstacles along the way? [BL 2]
(8 marks)

iv) Analyze the impact of external factors such as economic conditions, industry trends, and regulatory changes on the
success or failure of a business. [BL 4]
(8 marks)

v) Discuss the significance of networking and mentorship in entrepreneurship. How can entrepreneurs build strong
networks and seek guidance from experienced mentors to overcome challenges and accelerate their business growth?
[BL 4]
(8 marks)

Q4.

i) PERT is related to procurement of resources.(True/False) [BL 1]


(2 marks)

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ii) The purpose of a market plan in a business plan is[BL 1]
a) Outlining the company's organizational structure
b) Identifying target customers and competitors
c) Describing the manufacturing process
d) Listing the company's suppliers
(2 marks)

iii) Evaluate the technological requirements, innovations, and advancements necessary to support the business operations
and competitive edge? [BL 2]
(8 marks)

iv) Explain the factors that should be consider by an entrepreneur when outlining their operational processes, logistics,
and resource management strategies? [BL 3]
(8 marks)

v) Explain the challenges faced by the entrepreneurs in preparing a business plan. [BL 3]
(8 marks)

Q5.

i)The first step involved in launching a business is [BL 1]

a) Developing a business plan


b) Finding investors
c) Registering the business
d) Hiring employees
(2 marks)

ii) Exit and end to a venture involve: [BL 1]

a) Declaring bankruptcy
b) Liquidating assets
c) Selling the business
d) All of the above
(2 marks)

iii) Discuss the importance of an IPO for a company. How does going public through an IPO enhance a company's
visibility, credibility, and access to capital markets? [BL 2]
(8 marks)

iv) Explain the process of registering a business unit. What are the legal and regulatory requirements for registering a
business entity? [BL 2]
(8 marks)

v) Discuss different ownership forms available to entrepreneurs in india. [BL 2]


(8 marks)

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