Jawaharlal Nehru Technological University Hyderabad
Jawaharlal Nehru Technological University Hyderabad B.Tech IV ENTREPRENEURSHIP AND SMALL BUSINESS ENTERPRISES Previous Question Paper (June - 2024 - R16)
Note: i) Question paper consists of Part A, Part B. ii) Part A is compulsory, which carries 25 marks. In Part A, Answer all questions. iii) In Part B, Answer any one question from each unit. Each question carries 10 marks and may have a, b as sub questions.
Part A
Distinguish between the terms: entrepreneur, enterprise and entrepreneurship.
Answer
Entrepreneur is the individual who identifies a business opportunity, takes risks, and organizes resources. Enterprise is the business organization or entity created by the entrepreneur to carry out the business activities. Entrepreneurship is the process or the act of identifying, developing, and bringing a vision to life through innovation and risk-taking.
How does the capacity building improve overall business performance of an organization?
Answer
Capacity building improves business performance by enhancing the skills, knowledge, and efficiency of the workforce. It enables organizations to adopt new technologies, streamline processes, and improve decision-making, which leads to increased productivity, better resource management, and a stronger competitive advantage in the market.
Explain what do you understand by “Mobility of entrepreneurs”.
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Explain what is T-Hub and its importance.
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Explain briefly what do you understand by Sick Industrial Companies Act (SICA).
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Give at least three examples of Industrial sickness in India (Name the sectors and the two primary causes of sickness in each case).
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What is Customer Relationship Management (CRM)?
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What is cost based pricing? Explain with the help of a suitable example.
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Define ‘Women Entrepreneurship’ and outline the importance of women entrepreneurs in India.
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Explain the benefits of strategic planning for an enterprise.
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Part B
Explain how entrepreneurs are classified based on functional characteristics.
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Discuss in detail the characteristics of a successful entrepreneur.
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How are the entrepreneurship models classified?
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Attempt a critical comparison of entrepreneurial development models.
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Discuss briefly the scope and value of the business plan.
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How do potential lenders and investors evaluate the plan?
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With the help of a flow chart, present an outline of the formalities for setting up of a small business enterprise.
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Explain the points to be considered while analyzing financial viability of an enterprise.
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Discuss in detail the causes and possible solutions to sickness in MSME sector of India.
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What are the symptoms of industrial sickness in India?
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Discuss the impact of industrial sickness on Indian economy.
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Explain the seven elements used in marketing mix for services.
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Discuss how services marketing mix can be a crucial aspect of sales and marketing strategy.
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Describe any five popular marketing techniques for small businesses.
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Explain the challenges of international marketing and suggest ways of overcoming these.
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Explain how Price/Earnings(PE) ratio and Discounted Cash Flow (DCF) methods of valuation work.
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Explain the implications of growth for the firm and for the entrepreneur.
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Discuss the challenges faced by women entrepreneurs.
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Name and explain the role of atleast three institutions supporting women entrepreneurship in India.
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