MP-403(Old)/MP-110
December 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 given instructions.
Section A 8 × 2 16
(Very Short Answer Questions)
Note: Answer all questions within 30 words each.
Explain the following terms within 30 words each:
Entrepreneurship
External Environment
Business Plan
Village Industries
EDP
Taxable Income
Family business
(viii) Merger
482
MP-403(Old)/MP-110 200 3 (P.T.O.)
MP-403(Old)/MP-110 200 3 (Contd.)
482
Section B 4 × 8 32
(Short Answer Questions)
Note: Answer any four questions within 200 words each.
Discuss various types of Advertising for small business.
Discuss the factors affecting the cost of production of small
business firms.
Discuss the objectives of EDPs.
Discuss the factors to be considered for pricing of a product.
Write a note on family business.
Discuss the HR issues for MSMEs.
Define small scale industries as per present policy of
government.
What is the legal framework for MSMEs?
MP-403(Old)/MP-110 200 3
482
Section C 2 × 16 32
(Long Answer Questions)
Note: Answer any two questions within 500 words each.
10) Discuss important Entrepreneurial Competencies for success
of an enterprise.
11) Examine the procedure for establishing a small business.
12) Discuss the institutional support system for MSMEs in India.
13) Discuss important strategies for small business firms.