LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034
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M.Com. DEGREE EXAMINATION – COMMERCE
SECOND SEMESTER – APRIL 2007
CO 2951 – ENTREPRENEURSHIP & SMALL BUSINESS
Date & Time: 26/04/2007 / 1:00 – 4:00 Dept. No. Max. : 100 Marks
Section A:
Answer ALL Questions (10×2=20 Marks)
- List the major objectives of small -scale enterprise.
- How is a project formulated?
- Enumerate the differences between PERT and CPM.
- Mention the stages for promoting small entrepreneurship.
- Which are the important environment pollution related clearances?
- Mention the central level institutions supporting small business enterprises in India.
- What is depreciation allowance in the context of incentives and subsidies.
- What do you mean by joint ventures?
- When is payback method suitable in appraising projects?
- Why is ‘Seed Capital’ insisted to be supplied by the entrepreneurs?
Section B
Answer any FIVE Questions (5×8=40 Marks)
- ‘None of the four forms of business ownership is best in all respects’-
Discuss.
- Why is a business plan so important for an entrepreneur; an investor a customer; a supplier?
- Examine the various industry associations supporting small- scale sector in India.
- Examine the models suggested for the development of entrepreneurship.
- How do joint ventures differ from merger activity? In what ways are they similar?
- Explain the type of entrepreneurial decision to be taken while launching a new small-scale enterprise.
- What is Internal rate of return? Explain its superiority over the traditional methods of project evaluation.
- Explain how the family background of a person influences the growth of entrepreneurship.
Section C
Answer any TWO Questions (2×20=40 Marks)
- ‘Small-scale industries serve as seed-bed of entrepreneurship
development’- Discuss. Examine role played by small- scale enterprises
in the development of national economy.
- What is feasibility Report? Highlight the salient features of a feasibility
report. Present the feasibility report of hypothetical unit of your choice.
- ‘One of the most important inhibitory factors restrict the supply of
entrepreneurs in India is the availability and supply of Capital’ –
comment. Critically examine the role played by various sources of capital
and growth of entrepreneurship in India.