ANU UG/Degree 1st Sem Entrepreneurship Development Important Questions (Skill Enhancement Courses) are now available. These questions are prepared by top experienced faculty. By preparing these questions you can get good marks in your external exams.
Unit-I: Entrepreneurship
Definition and Concept of entrepreneurship - Entrepreneur Characteristics – Classification of Entrepreneurs –Role of Entrepreneurship in Economic Development –Startups
- Define the term "entrepreneur".
- List three key characteristics of successful entrepreneurs.
- Differentiate between different types of entrepreneurs based on their motivation.
- Explain how entrepreneurship contributes to economic development.
- What are the defining features of a startup?
- Compare and contrast the different definitions of entrepreneurship provided by various scholars.
- Discuss the role of risk-taking, innovation, and leadership in the entrepreneurial process.
- Analyze the challenges faced by entrepreneurs in emerging economies and propose potential solutions.
- Describe the various stages of a startup's life cycle and the critical factors for success at each stage.
- Explain the importance of business planning and financial management for entrepreneurs.
Unit-II: Idea Generation and Project Formulation
Ideas in Entrepreneurships – Sources of New Ideas – Techniques for Generating Ideas – Preparation of Project Report –Contents; Guidelines for Report preparation – Project Appraisal Techniques –Economic Analysis-Financial Analysis-Market Analysis
- What are the three main sources of new ideas for entrepreneurs?
- List two techniques for generating creative business ideas.
- What are the key sections included in a project report for a new venture?
- What are the two main types of economic analysis commonly used in project appraisal?
- What factors are considered in market analysis for a new business idea?
- Explain the importance of idea generation in the entrepreneurial process and discuss the factors that influence the success of new ideas.
- Describe the brainstorming technique for generating business ideas and provide examples of how it can be used effectively.
- Outline the steps involved in preparing a comprehensive project report for a new business venture, highlighting the key information to be included.
- Discuss the importance of financial analysis in project appraisal and explain how financial ratios and break-even analysis can be used to assess the viability of a business plan.
- Analyze the role of market research in identifying business opportunities and designing marketing strategies for a new venture. How can market research data be used to predict the demand for a new product or service?
Unit-III: Institutions Supporting and Taxation Benefits
Central level Institutions: NABARD; SIDBI, – State Level Institutions –DICs – SFC - Government Policy for MSMEs -Tax Incentives and Concessions
- What does NABARD stand for and what is its primary role?
- What are the main functions of SIDBI in supporting small and medium enterprises?
- What is the role of DICs in promoting entrepreneurship and industrial development at the state level?
- What are SFCs and how do they assist businesses in securing finance?
- What are some examples of tax incentives and concessions offered by the government to support MSMEs?
- Compare and contrast the roles of NABARD and SIDBI in providing financial assistance to different types of businesses.
- Discuss the various services offered by DICs to entrepreneurs, including training, counseling, and infrastructure support.
- Evaluate the effectiveness of government policies in promoting the growth and development of MSMEs in India.
- Analyze the impact of tax incentives and concessions on the financial feasibility and sustainability of MSMEs.
- Suggest additional measures that the government could take to further strengthen the MSME sector in India.
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