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MP-403 (Old) / MP-110 June - Examination 2016

Master of Business Administration - I Year Examination Entrepreneurship and Small Business Management

Paper - MP-403 (Old) / MP-110

Time : 3 Hours ] [ Max. Marks :- 80

Note: The question paper is divided into three sections A, B and C. Write answers as per given instructions.

Section - A 8

×

2 = 16

(Very Short Answer Questions)

Note: Answer all questions. As per the nature of the question delimit your answer in one word, one sentence or maximum upto 30 words. Each question carries 2 marks.

1) (i) What is Entrepreneurial Competence?

(ii) Define small scale business.

(iii) What is Industrial Licensing?

(iv) What is Business Planning?

(v) What is working capital management?

(vi) Name any two National Level Institutions available to assist small scale industries.

(vii) How would you classify an enterprise as micro, small and medium?

(viii) Define merger

482

MP-403 (Old) / MP-110 / 500 / 3 (1) (P.T.O.)

(2)

MP-403 (Old) / MP-110 / 500 / 3 (2) (Contd.) 482

Section - B 4

×

8 = 32

(Short Answer Questions)

Note: Answer any four questions. Each answer should not exceed 200 words. Each question carries 8 marks.

2) Discuss the Marshallian Approach to Entrepreneurship.

3) ‘EDP’ is process of ‘grooming’ entrepreneurs’. Explain the statement.

4) ‘The small businesses today are capable of facing global competition’. Comment.

5) Make a business plan for your intended business.

6) How Khadi and Village Industries Commission (KVIC) assist in development of village and cottage industries?

7) Enumerate the factors that affecting the cost of production of small business firms.

8) Discuss the qualities of an entrepreneur.

9) Explain the impacts of Information and Communication Technologies in MSME’s.

(3)

MP-403 (Old) / MP-110 / 500 / 3 (3) 482

Section - C 2

×

16 = 32 (Long Answer Questions)

Note: Answer any two questions. You have to delimit your each answer maximum upto 500 words. Each question carries 16 marks.

10) What are the components of “Entrepreneurial Process”?

Describe them in detail given examples.

11) Write in detail the steps involved in setting up a small business.

12) What promotional strategies are used by MSME to promote their product in domestic and global market?

13) What do you mean by a strategy? What are the various growth strategies adopted by small business?

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