ED Questions Bank
ED Questions Bank
ED Questions Bank
Module 1
Terminologies
1. Adoptive Entrepreneur
2. Intrapreneur
3. Fabian Entrepreneur
4. Adoptive Entrepreneur
5. Licensing
6. Partnership
7. LLP
8. HUF
9. Joint Stock Company
10. Innovation
11. Creativity
12. Mind Mapping
13. Probability Thinking
Questions for 7 marks
1. What do you understand by achievement motivation? How can achievement
motivation be developed?
2. What is entrepreneurship? Discuss the personal characteristics and
competencies of an Entrepreneur. (Most Important)
3. Distinguish between Entrepreneurial and Intrapreneurial mind. What are the
characteristics of the Intrapreneurial leadership?
4. Which are the possible ways by which an Entrepreneur can enter in
International Business? Describe in detail the most common and most
successful ways. (Most Important )
5. Explain how an entrepreneur can contribute towards the progress of the
economy and can help in reducing economic problems of the country. (Most
Important)
6. Entrepreneurship plays a vital role in the Economic Development of a
country. Do you agree with this statement? If yes, then describe how.
7. Differentiate between International and Domestic entrepreneurship. (Most
Important)
8. Write a short note on “Sole Proprietorship” form of business. Why it is
considered as a widely used form of business? Discuss merits and demerits of
the same
9. List the major challenges to entrepreneurship growth in country.
10. Entrepreneurs have a tolerance for ambiguity, are calculated risk takers, and
have a high regards for integrity and reliability. What does this statement,
mean? Be complete in your answer.
11. What is Innovation? Explain different Models of Innovations. (Most
Important)
12. Some organizations are more “innovative” than others. Describe the
characteristics of these organizations which support and promote innovation
13. What are the major sources of innovation? Explain in detail.
14. Who is Gujarati Entrepreneur? What is their contribution in economy?
15. Explain Advantages and Disadvantages of Private Limited Company.
16. Give a Brief Introduction of your favourite entrepreneur.
17. What are the major sources of innovative ideas? Explain and give an example
of each.
Module 2
Terminology (2 Marks)
1. Business Plan
2. Venture capital
3. Corporate Venturing
4. Appositional Relationship
5. Net Present Value
6. Feasibility Study
7. Business Opportunity
8. Focus Group
9. Brainstorming
10. Daydreaming
What is business plan and which steps should be carried out to make
business plan. Explain with example.
OR
What is feasibility study? Explain the importance areas of
feasibility study with relevant corporate examples
11. “Finance is essential for any business and obtains finance is very critical.” This
statement can explain in respect of sources of finance. (Most Important)
12. Describe any four factors required consideration while taking decision about the
location of a business.
Module 3
Terminology (2 Marks)
1. Medium Enterprise
2. NABARAD
3. SIDO
4. Single Window Concept
5. TCO
6. EPCs
7. Commercial Bank
8. SIDBI
1. Is starting a Chinese restaurants an equally valid business opportunity for both Deepak
& Nandan?
2. What type of business do you suggest for Deepak & Nanadan & Why?
OR
1. Identify the Entrepreneurial competencies required to establish a business enterprise with
respect to the case study.
2. Explain John Mullin’s seven-domain framework for Opportunity Evaluation with
reference to case study
Mrs. Roopa Gupta was an intelligent, creative and energetic lady. In spite of being an M.Sc in
chemistry. She was a housewife. Her husband, an M.A in economics, was a bank official.
Both hailed from a non-business background. Mrs. Gupta wanted to supplement her family
income, but did not want opt for a job. She wanted to get absorbed in a creative activity with
some earning potential. Rural crafts and metal handicrafts held a special appeal for her. Many
times she had thought of doing some business in handicrafts. But so far the only outlet for her
creative urge was to participate in annual exhibitions organised by NGOs. Winning prizes
and appreciation increased her interest in crafts. At one such exhibition. Mrs. Gupta came
into contact with American interested inartificial jewellery. Got these fabricated through local
artisans and showed them to the American customer, who was highly appreciative?
Subsequently. an arrangement was made to book a few consignments to the USA through an
exporter. After the success of this endeavour. Mrs. Gupta looked to the prospects in export
business. She decided expand her set-up. Together with a bank loan and money from friends
and relatives. She floated their own exporting firm, Medha International. Ornaments,
brassware, paper mache products, and lacquer miniatures from Andhra Pradesh and Jaipur
constituted the main items of export. During her foreign tours Mrs. Gupta discovered that
ornamental cane furniture could be another promising export item. Through observation,
direct interaction with customers and reading she formed a practical idea about the type and
design of cane ware that would appeal to western customers. Back home, she explored the
north-eastern regions of the country to find out about cane products available there. Mrs.
Gupta quickly switched over to exporting cane furniture only as there was no competition at
all. She provided work to 60 traditional artisans and tribals who took pride in the fact that
their work travelled globally and that they contributed to the country's earnings.Mrs. Gupta's
marketing strategy was simple. She would display her wares at exhibitions in different parts
of the world and book orders directly. Every year, Mrs. Gupta would come out with new
designs. She did not take pan in exhibitions in India nor allow anybody to see her designs.
This step eliminated any possibility of imitation and resultant in competition. Only trusted
employees were allowed to see the designs and since the employees were a satisfied, happy
lot. There was no question of any breach of trust.
QUESTIONS:
OR
A. Critically examine “think global and act local” in case of Roopa Gupta.
Sabala creates opportunities for women to learn skill and to use these skills to generate
income, even for marginalized communities Sabala has strived to income generation by
making them associated with crafts such as banjara and kasuthi crafts. Banjara is tribal
community and Sabala has trained and supported more than 1,000 Banjara women from
villages in handicraft work by developing self help group.
Sabala ‘s drive to organize the poor to work profitably stem from the conviction that there is
tremendous potential within the poor to help themselves and this potential can be harnessed
by organizing them. For example, Sabala will help tribal women from Bijapur district form
an SHG comprising 20 members. After this, they will send trainers to train the selected
women in the art of making handicrafts. After the development of schemes the group
members will start generating income. The SHG members will then open an saving bank
account in the name of the group and the members may decide regular saving contributions
from their incomes. The formation of such SHG at Sabala has resulted in the empowerment
of women from marginalized communities to get access for livelihood opportunities.
Sabala produces wide range of products, including export quality jewellary, ethnic handbags,
cushion covers, gift items, kurtas and wall hangings. In 1998, Sabala established the Craft
Development Centre to revive the traditional craft, promote self-employment, and
entrepreneurship & networking among artisans by self -help groups and provide marketing
facilities to ensure regular income and sustainability.
A. From the case, Discuss with example how entrepreneurship can help in empowerment of
women. (7)
B. Explain how self -help groups can develop entrepreneurship at the grass root level (7)
OR
A. From the given case, discuss activities of Sabala to promote women entrepreneurship (7)
5) Assume you are to conduct a feasibility study on the prospects on setting up a jute beg
manufacturing unit in your city.
(a) What factors you will consider for feasibility study report. 07
OR
(a) How you will manage the fund for this project. 07