2014
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 essence of Virtual organisation?
b) Which one of the following ensures ‘Common Administrative Control’ _______.
1) Service Combination.
2) Circular Combination.
3) Lacteral Combination.
4) Horizontal Combination.
c) Suggest one way of raising productivity through people.
d) Entrepreneurship born out of the divine gin of motherhood is called _______.
1) Woman entrepreneurship.
2) Momprepreneurship.
3) Innovative entrepreneurship.
4) Creative entrepreneurship. (Choose the correct answer)
e) What is the second-stage in entrepreneurship career?
f) Name the entrepreneurship theory pronounced by H. Leibenstein.
g) Formation of A. G. V. B. is an example of _______.
1) Merger.
2) Acquisition.
3) Combination.
4) Consolidation. (Choose the correct answer)
h) What is the rate of transport subsidy provided under NEIHPP, 2007?
i) “The creativity of a disadvantaged minority group is the main source of entrepreneurship.”. This statement is forwarded by _______.
1) J. B. Say.
2) Richard Cantilion.
3) Schumpeter.
4) Hagen. (Choose the correct answer)
j) What is the term COPYRIGHT in case of as institution?
2. Write short notes on the following: 2x5=10
1) Learning organization.
2) Optimum Firm.
3) Rationalization.
4) Cognitive Entrepreneur.
5) Evaluation of EDPs.
3. Answer any four of the following questions: 4x5=20
a) Write in brief five features of MNCs.
b) Give five reasons for survival of small business.
c) State briefly five steps in production planning and control.
d) Explain Risk-Bearing Theory of Knight.
e) How is Venture Capital financed in India?
f) Discuss briefly the role of entrepreneur in export promotion.
4. Define Franchising. Give your arguments both in favour and against franchising in Indian context. 2+4+4=10
Or
How micro, small and medium enterprises are defined under NSMED Act 2006 both in the manufacturing and service sectors? Why are such units assuming more importance in Indian economy today? 3+3+4=10
5. Discuss critically Weber’s Theory of Location of Industries. 10
Or
What are the objections against rationalization? How far are these objections valid today? 10
6. Do you agree to the view that ‘entrepreneurs are born’? Justify your answer with suitable arguments. 10
Or
“In entrepreneurship, the individual is the most important elements”. In the light of the above statement explain the qualities of an entrepreneur with suitable illustrations.
7. Outline the role of banks and financial institutions in the promotion of entrepreneurship in the country. 5+5=10
Or
Discuss the role of entrepreneurs in the socio-economic development of a region. 10
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