Tuesday, May 21, 2019

Gauhati University Question Papers:Business Organisation and Entrepreneurship Development (Nov-Dec’ 2011)

Full Marks: 80
Time: 3 hours
(The figures in the margin indicate full marks for the questions)
1. Choose the correct answer from the following options:                  1x10=10

1)         Professor Robinson is associated with which of these theories?
a)         Size of a optimum firm.
b)         Location of a firm.
c)          Change of location of a firm.
d)         All of the above.
2)         Which is not a benefit of rationalization?
a)         Avoidance of unhealthy competition.
b)         Supply of cheaper goods.
c)          Increased efficiency.
d)         Excess workload.
3)         Pools that regulate production and marketing of goods is called _______.
a)         Output Pool.
b)         Transport Pool.
c)          Income and expenditure Pool.
d)         Risk Pool.
4)         “An entrepreneur maximizes opportunity through systematic innovation.” The statement is forwarded by _______.
a)         Joseph Schumpeter.
b)         Peter Drucker.
c)          J. B. Say.
d)         Richard Cantillon.
5)         Which of these is the first step in promotion of a new venture?
a)         Marketing opportunities.
b)         Legal formalities.
c)          Idea generation.
d)         Technical feasibility.
6)         Venture capital is not provided to _______.
a)         Early stage venture.
b)         High risk venture.
c)          High potential venture.
d)         Low risk venture.
7)         Which of these is not an advantage of franchising?
a)         Generation of market potential.
b)         Training and development of franchisers.
c)          Financial gain.
d)         Saturated domestic markets.
8)         National Productivity Council was established in the year _______.
a)         1956.
b)         1957.
c)          1958.
d)         1959.
9)         Which of these entrepreneurship programs was first conceived in the State of Assam?
a)         Indian Institute of Entrepreneurship.
b)         Entrepreneurship Motivation Trading Centre.
c)          North-Eastern Industrial Training Corporation.
d)         National Small Industries Corporation.
10)      Which of these formalities is not required in starting as entrepreneurial venture?
a)         Licence.
b)         Registration of Trade Mark.
c)          Pollution Clearance Certificate.
d)         Obtaining a shed in Industrial Estate.
2. Answer the following questions in brief:                                        2x5=10
a)         Define a small industry as per MSME Act, 2006.
b)         Distinguish between consolidation and amalgamation.
c)          Mention four factors affecting productivity in an organization.
d)         State few concrete measures that government has adopted to promote entrepreneurship development in the country.
e)         Highlight four characteristics of an entrepreneur.
3. Write short notes on any four:                                                        5x4=20
a)         Franchising.
b)         Learning organisation.
c)          Rationalization.
d)         Intrapreneurship.
e)         Venture capital.
f)          Entrepreneurship education.
4. Discuss the features and problems associated with a multinational corporation.    5+5=10
Define joint sector and discuss its importance in the Indian context.            3+7=10
5. Explain the different forms of business combination.                        10
Mention the salient features of Weber’s and Florence’s theories of location and compare and contrast between the two. 6+4=10
6. Discuss the theories based on the evolution of entrepreneurship.             10
Discuss the stages in the promotion of a new venture.              10
7. What is the importance of entrepreneurial training? In the same context discuss about the concept of entrepreneurship development program and its implementation.         4+6=10
Establish the relationship between entrepreneurship and economic development. In what different ways an entrepreneur can assist in economic development of a nation? Discuss.       4+6=10


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