MP-403(Old)/MP-110
June Examination 2017
Master of Business Administration I Year Examination
Entrepreneurship and Small Business Management
Paper MP-403(Old)/MP-110
Time 3 Hours Max. Marks 80
Note: The question paper is divided into three sections B and C. Write answers as per guidelines.
Section A 8 × 2 16
(Very Short Answer Questions)
Note: Answer all questions within 30 words each.
Explain the following terms:
Entrepreneurship
MSME Industries
Business Plan
Entrepreneurship Competencies
Licencing
Working Capital
Institutional Support System
(viii) Venture Capital
482
MP-403(Old)/MP-110 500 2 (P.T.O.)
MP-403(Old)/MP-110 500 2
482
Section B 4 × 8 32
(Short Answer Questions)
Note: Answer any four questions within 200 words in each.
Discuss the 3-circle model of family business.
What are the basic competencies which entrepreneurs should
have to be successful? Explain.
Write short note on: "Legal Framework and Government
Policies for MSMEs"
What are the main strategies for small business enterprises?
Discuss.
What are the main institutional support systems for
entrepreneurs? Why are they important? Discuss.
Explain entrepreneurship development programmes in detail.
Discuss the factors affecting pricing of a product.
Explain entrepreneurship environment in detail.
Section C 2 × 16 32
(Long Answer Questions)
Note: Answer any two questions within 500 words each.
10) How do you prepare good business plan? Explain it in detail
with its process.
11) Write short notes on:
Financial Management of MSME
Marketing Management of MSME
12) Write in detail the steps involved in setting up a small business
enterprise.
13) Explain how to assess market for small business. Explain in
detail.