2013
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) Which one of the following is a benefit of rationalization?
1) Encouraging competition.
2) Supply of poor quality goods.
3) Increased efficiency.
4) Excess workload.
b) Venture capital is not provided to which one of the following reasons:
1) High-risk venture.
2) Early stage venture.
3) Low risk venture.
4) High potential venture.
c) Which one of the following is an advantage of franchising?
1) Creation of market.
2) Breaking the marketing channel.
3) Disallows MNC’s entry into the domestic market.
d) Give one reason for low productivity.
e) Give one measure that the Government has adopted to promote Entrepreneurship development in the country.
f) Name one area of micro-enterprise in which a small entrepreneur can invest in.
g) Name one organization which conducts rural entrepreneurship development programme in Assam.
h) Theory X and Y on Motivation was propounded by _______. (Fill in the blanks)
i) Give one example of horizontal combination.
j) Name one incentive announced by the Government of India to encourage entrepreneurs in export trade.
2. Write short answers to the following: 2x5=10
1) Give two advantages of Multinational Corporations.
2) Economic Environment of business.
3) Industrial productivity.
4) Quality control.
5) First generation entrepreneur.
3. Write short notes on any five: 4x5=20
1) Joint Sector.
2) Acquisitions and Mergers.
3) Virtual Organisation.
4) McClalland’s Theory of Entrepreneurship.
5) Franchising.
6) Entrepreneurship education.
4. What is meant by an Entrepreneurship Development Programme? Discuss the requirements for course content of EDP for small business. 10
Or
State the functions of an entrepreneur. How does an entrepreneur contribute towards healthy growth of a nation’s economy?
5. Discuss the features and the problems associated with an MNC. 10
Or
Define joint sector and discuss its importance in the Indian context.
6. What do you understand by productivity? What are the principal causes of low productivity? 10
Or
What is ‘complete consolidation’? Also explain the causes of industrial combinations in India.
7. How would you analysis the external factors before conceiving the idea of a new Business? Discuss also the legal obligations in this regard. 10
Or
Explain the reasons for providing assistance and incentives to entrepreneurs. In this connection, describe the government assistance available to the entrepreneurs.
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