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| ST. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS) | ||
| END SEMESTER EXAMINATIONS – MARCH/APRIL 2016 | ||
| B.B.M. –VI SEMESTER | ||
| M1 11 603:: ENTREPRENEURSHIP DEVELOPMENT | ||
| Duration: 3 Hours Max. Marks: 100 | ||
| SECTION – A | ||
| I) | Answer ALL the questions. Each carries 2 marks. (10×2=20) | |
| 1. | Briefly explain the term ‘Serial Entrepreneur’ | |
| 2. | Who are ‘Angel Investors’? Explain how they help ‘Start up Entrepreneurs’? | |
| 3. | What is the difference between ‘Trade marks’ and ‘Copyrights’? | |
| 4. | Give the meaning of ‘Letter of Credit’? | |
| 5. | Mention four objectives of preparing a Business Plan? | |
| 6. | Differentiate ‘Franchising’ from ‘Leasing’? | |
| 7. | What do you understand by ‘Institutional Support’ for Entrepreneurs? | |
| 8. | How would you differentiate ‘Entrepreneurship’ from ‘Intrapreneurship’ ? | |
| 9. | What is a Limited Liability Partnership (LLP) ? | |
| 10. | List out the four names of leading Venture Capitalists firms in India ? | |
| SECTION – B | ||
| II) | Answer any FOUR questions. Each carries 5 marks. (4×5=20) | |
| 11. | Explain how ‘ Business format Franchising’ is useful to start up Entrepreneurs? | |
| 12. | What is ‘ Entrepreneurial Financing ‘? What are the sources of Finance for Start up Businesses? | |
| 13. | Explain the Institutional support extended to Women entrepreneurs in India? | |
| 14. | What are the non-finanical support for SSI entrepreneur? | |
| 15. | Explain the formalities for registration of Trade Marks in India? | |
| 16. | State the importance of Intellectual Property rights for startup Entrepreneurs? | |
| SECTION – C | ||
| III) | Answer any THREE questions. Each carries 15 marks. (3×15=45) | |
| 17. | Explain the important components of a Business Plan ? | |
| 18. | What are the advantages and disadvantages of ‘Family Owned Businesses’ ? | |
| 19. | Elaborate about the procedure and formalities for Starting up a Venture in India? | |
| 20. | What are the initiatives an Entrepreneur must take to enter International Markets? | |
| 21. | What should be the qualities of an entrepreneur to be successful in Indian context. | |
| SECTION – D | ||
| IV) | Case Study – (1×15=15) | |
| 22. | The story of Harish Agarwal, founder of “Applerepairs” is interesting and inspiring. A school dropout, this man, with no formal education in computers runs Apple computer products repair shop. He has studied only till eighth standard but that didn’t hamper him from climbing the ladder of success. From working in a electrical shop to starting a company of his own, he had to undergo lot of hardships. He had to discontinue his studies as his father lost his job and work as a small time worker in an electrical shop to support his family in Indore. He then joined a computer sales and service company and worked there for 5 years. His found his love for computer hardware then, which made him to buy a run-down computer of his own and took it apart. That he says, was his first lesson in repairing. He then got a job in a mobile repairing shop in Bangalore and there he learned to repair mobile phones and laptops. He, once came across an Apple laptop and his passion for Apple grew so deep that he spent his whole time and energy in studying their devices and found innovative ways of repairing them. Consequently, he set up an Apple repair centre in Koramangala in 2012 with Rs 2 lakh. He now has a staff strength of 18 trained graduates. His tech trick goes like this. Since Apple does not provide spare parts, his policy is to buy new Apple products, dismantle them and use the parts to repair customer’s devices. For example, A MacBook whose showroom price is Rs 90,000 is available to him at the wholesaler’s price of Rs 65,000. Each part in this device such as the Logic Board is replaced at a cost of Rs 56,000 for the customer, LCD panel for Rs 30,000, keyboard panel for Rs 18,000, hard disc for Rs 12,500 and charger for Rs 6,500. If you add all these charges, it works to about Rs 1,10,000. So he gets a net profit of Rs 45,000 per product. In the last three years, Agarwal has built up a client base of 2000 customers. His firm has a turn-over of Rs 3 crore. He expects an investment of Rs 5 crore to expand his business to 50 pan-India centres.
Answer the following questions:
a. Explain the strong areas in the Business Model of Harish Agarwal ? b. What should be the steps to be taken by Harish Agarwal to scale up his Business? c. What are the Entrepreneurial Qualities of the protagonist in the case study which have made him successful ? &&&&&&&&&&&&&&&&&&& |
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