2017
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) In which year The Assam Ease of Doing Business Act was passed?
b) Which one of the following is often considered as unethical or undesirable form of combination?
1) Pools.
2) Cartels.
3) Corner of Ring.
4) Trust.
c) Guwahati Refinery is a leading example of _______ project in Assam. (Fill in the blank)
d) Suggest a measure to raise human productivity.
e) Which one of the following factors influences centralization of industrial location?
1) High tax rate.
2) Cost of land.
3) Supply of skilled labour.
4) Difficulties of constructing industrial premises.
f) Which one of the following organisation has the reference to core-organisation?
1) Project organisation.
2) Learning organisation.
3) Matrix organisation.
4) Network organisation.
g) Name the state which first ratified the G.S.T. Act in India.
h) What is the full form of T. E. A.?
i) Which one of the following years the policy framework for entrepreneurship adopted in India?
1) 2014.
2) 2015.
3) 2016.
4) 2017.
j) Who among the following said that the creativity of a disadvantaged minority group is the main source of entrepreneurship?
1) E. Hagen.
2) B. F. Hoselitz.
3) D. H. Halt.
4) M. Waber.
2. Write short notes on the following: 2x5=10
1) Fabian entrepreneur.
2) First generation entrepreneur.
3) Angel investor.
4) Joint Sector.
5) Micro enterprise in service sector.
3. Write any four of the following questions: 4x5=20
a) What are the essentials of a successful entrepreneurship development programme?
b) Explain briefly the concept of Opportunity Analysis.
c) What are the fundamental attributes of virtual organisation?
d) Critically analyse community of interest as a form of combination.
e) Discuss David C. Mc. Clelland High Achievement Theory of entrepreneurship.
f) State in brief the process of quality control.
4. State the features and the forms of MNCs operating in India with appropriate illustrations. 5+5=10
Or
Mention the challenges the small scale industrial units are facing today. What policy measures would you suggest for strengthening the existence of such units? 5+5=10
5. Explain with examples the concept of merger and acquisition. State three arguments in favour of and against such merger and acquisition 4+3+3=10
Or
What is rationalization? When such step is considered necessary? 3+7=10
6. Explain in detail X-efficiency theory of H. Leibenstein stating the reasons of inefficiency and how to overcome such inefficiency. 5+2.5+2.5=10
Or
Outline with leading illustrations the role of creativity and innovation in the development of entrepreneurship in India. 5+5=10
7. What is Venture Capital? What are its features? How such capital is financed in India? 2+4+4=10
Or
Discuss any two policy initiatives undertaken by the Government of India or Assam for the development of entrepreneurship in the country. 5+5=10
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