2015
BUSINESS ORGANISATION AND ENTREPRENEURSHIP DEVELOPMENT
Full Marks: 80
Time: 3 hours
(The figures in the margin indicate full marks for the questions)
1. Answer as directed: 1x10=10
a) What is the full form of AMRUT?
b) Joint sector has been evolved in India following the recommendation of _______. (Fill in the blank)
c) What is the limit of investment in Plant and machinery in medium enterprise prescribed under MME Act, 2006?
d) Which kind of organisation pre-supposes knowledge as a prime source of competitive advantage?
e) Who is associated with the concept of Optimum firm?
f) Who defined entrepreneur as an economic man?
g) In which year Government of Assam introduced entrepreneurship development programme under the scheme “Half a Million-Job”?
h) In which year SEBI introduced Venture Capital Fund Regulation for registration?
i) EDII is located at _______. (Fill in the blank)
j) Who is a pure entrepreneur?
2. Write short notes on the following: 2x5=10
1) Women entrepreneur.
2) Joint sector.
3) Human productivity.
4) NIESBUD.
5) Rationalization.
3. Write any four of the following questions: 4x5=20
a) State five points of distinction between Virtual and Traditional Organization.
b) Explain Sargent Florence theory of industrial location.
c) Distinguish between merger and acquisition with appropriate examples.
d) How to measure effectiveness of EDPs?
e) Explain the role of creativity and innovation in entrepreneurship.
f) Explain the different types of venture capital.
4. Explain briefly the various challenges faced by the MNCs in the host country. 10
Or
Why franchising is becoming increasingly popular as a marketing strategy? What precautions would you suggest for making franchising successful? 5+5=10
5. How the size of a business unit is measured? Why such measurement is considered essential under the present era of global competition? 6+4=10
Or
Why is production management? Outline the scope of production management in Indian context. 3+7=10
6. How an entrepreneur is different from a manager? Why entrepreneurship has become a social movement today? 6+4=10
Or
Explain in detail the ‘Innovation Theory’ of Joseph A. Schumpeter. 10
7. Discuss in detail the institutional, financial and fiscal support provided by the Government of India for the promotion and development of entrepreneurship. 5+3+2=10
Or
What are the legal formalities that are to be observed for establishing a new enterprise? 10
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