LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034
M.Com. DEGREE EXAMINATION – COMMERCE
THIRD SEMESTER – NOVEMBER 2010
CO 3807 – ENTREPRENEURSHIP AND SMALL BUSINESS MANAGEMENT
Date : 09-11-10 Dept. No. Max. : 100 Marks
Time : 9:00 – 12:00
Section: A
Answer All Questions: 10 x 2 = 20
- Who is an entrepreneur?
- Differentiate between innovation and invention
- State the main functions of entrepreneurs
- Differentiate between Entrepreneur and Manager.
- Define a Project.
- What do you mean by incentives and subsidies?
- Write a short note on Certainty Equivalent Coefficient approach.
- Write a short note on ‘Angel Investors’.
- Who is a social entrepreneur?
- Differentiate between joint venture and strategic alliance.
Section – B
Answer any five only: 5 x 8 = 40
- “Entrepreneurs are agents of change”. In the light of this statement, explain the role of entrepreneurial mobility in promoting balanced regional development.
- Briefly explain the different types of entrepreneurs.
- Discuss briefly the classification of small scale industries
- Under what circumstances is a new product development a competitive necessity?
- Describe the Planning Commission guidelines for project formulation and feasibility reports of industrial projects.
- Discuss the steps involved in the processing and selection of a business idea.
- Explain the constraints experienced by women entrepreneurs in restricting the expansion
of women entrepreneurship.
- What incentives are usually available to industries set up in backward areas?
Section – C
Answer any Two only: 2 x 20 = 40
- Why is passion such an important characteristic of successful entrepreneurs? What are the other traits and characteristics of successful entrepreneurs?
- Critically evaluate project appraisal methods generally used to appraise the projects.
- Explain the elements of project formulation.