This document contains a set of assignments for a Bachelor of Business Administration semester 6 course on Entrepreneurship Development. It includes 6 questions asking students to discuss essential characteristics of entrepreneurship, phases of entrepreneurial development programs, problems faced by women entrepreneurs, sources of business ideas, details to include in a project report for a garment manufacturing business, and sources of finance for a furniture company owner looking to expand. Students are instructed to answer all questions which are worth 10 marks each.
Running your own business can be a rewarding experience. However, it can also mean exposure to new risks, long hours, hard work and frequent challenges. Before you start your business, it is important that you consider the reality, and the challenges, of running a business.
Business plan us a main component of a business plan. Without a perfect business plan,A business can not grow for long term.He i described all about a business plan.Hopefully this will help you a lot. If you need any more information, don't hesitate to knock me.
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Hiring outside your industry is not the easiest road to take. It works against the grain of many HR departments, and it puts the hiring manager and the new hire under the microscope. At Lucas Group, however, we believe that prior exposure to the markets we serve is helpful–but it’s certainly not everything.
This is a business plan idea slides. You will learn about business idea that actually work in market. You will see the competative analysis, pastel analysis and compare with international market.There are about twenty to thirty slies. In university you will use this project idea to get good grade in the exam.
Running your own business can be a rewarding experience. However, it can also mean exposure to new risks, long hours, hard work and frequent challenges. Before you start your business, it is important that you consider the reality, and the challenges, of running a business.
Business plan us a main component of a business plan. Without a perfect business plan,A business can not grow for long term.He i described all about a business plan.Hopefully this will help you a lot. If you need any more information, don't hesitate to knock me.
Why Intellectual Curiosity is the Most Important Success PredictorLucas Group
Hiring outside your industry is not the easiest road to take. It works against the grain of many HR departments, and it puts the hiring manager and the new hire under the microscope. At Lucas Group, however, we believe that prior exposure to the markets we serve is helpful–but it’s certainly not everything.
This is a business plan idea slides. You will learn about business idea that actually work in market. You will see the competative analysis, pastel analysis and compare with international market.There are about twenty to thirty slies. In university you will use this project idea to get good grade in the exam.
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What do you know about Entrepreneurship - Brittany Killinsbrittanykillins
Brittany Killins explains here about Entrepreneurship and its importance for society. It is very useful for us to build a better world for the next generations.
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Developing successful corporate entrepreneurship initiatives is particularly important because it offers organizations a strategy for profitable growth and serves as an attractive alternative to old, acquisition-led, inorganic growth strategies. But the challenges of achieving this can be daunting, especially for those in the entrepreneurial team itself. For example, it's one thing to recognize the importance of getting people to work for your cause; it’s a different story to execute your plan when you don’t have any positional authority or financial resources behind you.
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This is indeed a very simple question but for some entrepreneurs who are raising capital, they find it difficult to give an honest, correct and logical answer to the investor. To many, it may sound simple, however the response is not in its simplicity but rather in its logicality. How logical and rational and convincing is your response to that simple question if asked? I have come to the realization that, many entrepreneurs take for granted certain things considering they already know the answer whereas, they have a limited knowledge on what could either merit or demerit their opportunity to receiving funding.
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Business Valuation Principles for EntrepreneursBen Wann
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Personal Brand Statement:
As an Army veteran dedicated to lifelong learning, I bring a disciplined, strategic mindset to my pursuits. I am constantly expanding my knowledge to innovate and lead effectively. My journey is driven by a commitment to excellence, and to make a meaningful impact in the world.
Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s DholeraAvirahi City Dholera
The Tata Group, a titan of Indian industry, is making waves with its advanced talks with Taiwanese chipmakers Powerchip Semiconductor Manufacturing Corporation (PSMC) and UMC Group. The goal? Establishing a cutting-edge semiconductor fabrication unit (fab) in Dholera, Gujarat. This isn’t just any project; it’s a potential game changer for India’s chipmaking aspirations and a boon for investors seeking promising residential projects in dholera sir.
Visit : https://www.avirahi.com/blog/tata-group-dials-taiwan-for-its-chipmaking-ambition-in-gujarats-dholera/
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HR recruiter services offer top talents to companies according to their specific needs. They handle all recruitment tasks from job posting to onboarding and help companies concentrate on their business growth. With their expertise and years of experience, they streamline the hiring process and save time and resources for the company.
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A personal brand exploration presentation summarizes an individual's unique qualities and goals, covering strengths, values, passions, and target audience. It helps individuals understand what makes them stand out, their desired image, and how they aim to achieve it.
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Discover the innovative and creative projects that highlight my journey through Full Sail University. Below, you’ll find a collection of my work showcasing my skills and expertise in digital marketing, event planning, and media production.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
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Nov/ Winter 2012
Bachelor of Business Administration-BBA Semester 6
BB0028 – Entrepreneurship Development- 4 Credits
(Book ID: B0157)
Assignment Set- 1 (60 Marks)
Note: Each question carries 10 Marks. Answer all the questions.
Q.1 What are the essential characteristics of Entrepreneurship? [10]
Answer : Entrepreneurship is the act of setting out on your own and starting a business instead
of working for someone else in his business. While entrepreneurs must deal with a larger
number of obstacles and fears than hourly or salaried employees, the payoff may be far greater
as well.
Interest and Vision
The first factor for entrepreneurial success is interest. Since entrepreneurship pays off
according to performance rather than time spent on a particular effort, an entrepreneur must
work in an area that interests her. Otherwise, she will not be able to maintain a high level of
work ethic, and she will most likely fail. This interest must also
Q.2Explain the different phases in entrepreneurial development programme
Answer : 1.Pre-training phase:
•Pre-training phase consists of all activities and preparation to launch training programme. Pre-
training phase of EDP consists of the following activities :
•Selection of entrepreneurs for the training programme.
•Arrangements of infrastructure are for the programme like selection of place of training.
•Deciding guest faculty for the programme from education industry and banks.
•Taking necessary steps for inauguration of programme.
•Formation of selection committee to select trainees from the programme.
•Making provision with regard to publicity and campaigning for the programme.
Q.3What are the basic problems faced by the women entrepreneurs?
Answer 1. Shortage of Finance:
Women entrepreneurs always suffer from inadequate financial resources and working capital.
They are not able to afford external finance due to absence of tangible security and credit in the
market.
Women have a very less property and bank balance to their name. Male members of the family
do not want to invest their capital in the business run by women due to lack of confidence in
their ability to run venturesuccessfully.The
2. Q.4 What are the sources from which an entrepreneur can obtain business ideas. [10]
Answer : EXPLORING BUSINESS OPPORTUNITIES
Sources of business Ideas
Business ideas are a starting point in the journey to starting a business. Entrepreneurs can
develop or generate business ideas in a variety of ways:
The technical skills and experience they possess. These give them opportunities to
exploit what they know and can do.
Q.5 Ms Latha G. wants to set up her own garment manufacturing unit. She needs to submit
report about the project, in order to get the loan. What all essential details she should
mention in the project report. [10]
Answer : How to Report Status on a Project
Your boss has asked you to take the lead on a project in your company. Maybe you are a project
manager, or maybe you are not. One thing is certain. Very few people know how to report status
on a project, even when they are expert project managers. The basic problem? Most people do
not understand the perspective of a manager who is being pressed for information about a big
project. Here are some basic rules of reporting status that you can use to further your
reputation as someone who knows how to keep management and the project team informed
and drive a project to success.
Q.6 Mr Rag van is the owner of Furniture manufacturing company. He needs some more
finance to get some new machines and also expand his business. Suggest the different
sources of finance he could use to get the required funds. [10]
Answer : Limited Companies for extending Capital for different purpose in business, financing
by two major forms:-
Internal sources-
External sources
In internal financing, the sources of finance obtained from inside of the business or organization
whereas External sources, a third party is involved. Usually internal financing has no cost to the
business, while the external source that a third party involved, and contain more cost for the
business. The internal sources in summaries:-
Holding the profits instead of dividing to the share holders-
A tight credit control-
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call us at :- 08263069601
or
mail us at help.mbaassignments@gmail.com