2014
(November)
ENTREPRENEURSHIP DEVELOPMENT
(General)
Course: 502
(Business Opportunity Analysis)
Full Marks: 80
Pass Marks: 32
Time: 3 hours
The figures in the margin indicate full marks for the questions
Answer Question Nos. 1, 2 and 3 within 500 words:
1. (a) Explain the characteristics and sources of innovation. 7+7=14
Or
(b) Elucidate the steps involved in the process of opportunity analysis. 14
2. (a) What is meant by SCBA? What are the positive expectations of an enterprise? Discuss. 4+10=14
Or
(b) Explain: 7x2=14
- Need for financial institutions for entrepreneurs.
- Various sources of financing enterprises.
3. (a) Discuss different ways of selection and development of a new product/service. 14
Or
(b) Describe the internal factors influencing price fixation of product/service.
4. Answer ‘Yes’ or ‘No’: 1x8=8
- Innovation and creativity signify different meanings.
- Market survey is essential for starting a new venture.
- IFCI does not provide finance to entrepreneur.
- In selecting the type of business, market analysis is counted as a source.
- SCBA stands for Social Cost Benefit Analysis.
- An entrepreneur collects venture capital by selling shares.
- Price does not regulate demand.
- There is no need of retailers in marketing.
5. Write in short of the following: 5x6=30
- Benefits of marketing concept advanced to the society.
- SIDO as a source of financial assistance to entrepreneur.
- IIE – Guwahati.
- PMRY.
- Price.
- Promotion.
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