2012
BUSINESS ORGANISATION AND ENTREPRENEURSHIP DEVELOPMENT
Full Marks: 80
Time: 3 hours
(The figures in the margin indicate full marks for the questions)
1. Answer as directed: 1x10=10
a) According to Weber theory, industries with Materials Index (above 1/1 below 1) tend to be located near the source of raw material. (Write down the correct choice given within brackets).
b) Which one of the factors does not affect optimum size of a firm?
1) Technical.
2) Managerial.
3) Political.
4) Finance.
c) Peter Senage is known for his work and research on (learning organization/virtual organisation).
d) A franchisor grants _______ to franchisee in return for royalty payments. (Fill in the blank)
e) Strategic Alliance is a form of Multinational Corporation. (True/False). (Write down the correct option)
f) In mergers when two competitors combine it is called a _______.
1) Horizontal merger.
2) Vertical merger.
3) Conglomerate merger.
4) Acquisition.
g) Which one of these factors does not influence entrepreneurship?
1) Role models.
2) Security.
3) Social norms and values.
4) Government structure.
h) Kaizen is a _______ technique of Japan. [Fill in the blanks]
i) Who defined entrepreneur as a creative problems solver?
1) Acheempeter.
2) McClelland.
3) Hagen.
4) Leibenstein.
j) In which year, Securities and Exchange Board of India (SEBI) came out with a framework for recognition and supervision of small and medium enterprises in Stock Exchanges of India?
1) 2008.
2) 2009.
3) 2010.
4) 2011.
2. Write short answers to the following: 2x5=10
a) Mention the assumptions of Weber’s Theory of Location.
b) Distinguish between mergers and acquisitions.
c) What are the limitations of MNC’s?
d) What are the features of learning organization?
e) What is environmental analysis?
3. Write short notes on any five: 4x5=20
a) Sargent Florence Theory of Location.
b) Optimum Firm.
c) Quality Control.
d) Venture Capital.
e) Entrepreneurship Creativity.
f) Entrepreneurship Development Programme.
4. How does franchising operate? Discuss about the various forms of franchising. 4+6=10
Or
Define micro, small and medium enterprises as per latest government policy. Also elaborate on the features of small enterprise. 3+7=10
5. Discuss the factors that affect industrial productivity. 10
Or
What are the benefits of rationalization? Highlight its limitations. 6+4=10
6. Discuss the theories of entrepreneurship. 10
Or
What is the significance of entrepreneurship in an economy? Discuss in the Indian context? 10
7. In what various ways the government has encouraged entrepreneurship development in India? Discuss. 10
Or
Explain the present scenario of entrepreneurship development in India. Suggest some steps to promote entrepreneurship In India. 6+4=10
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