The document discusses the process of conducting a feasibility study for a proposed business project. It explains that a feasibility study assesses whether the project is practical and can succeed given available resources. The goals are to understand all aspects of the project, identify potential problems, and determine if the project is worth undertaking. Key steps in the process include gathering feedback, analyzing market data, writing a business plan, and preparing financial projections. Conducting a feasibility study helps decide whether to move forward with a project and can convince investors that the project is worthwhile.

1. INTERNALASSIGNMENTNO-2
PAPERCODE: MBA-210
PAPERCODE: ENTREPRENEURSHIPANDSMALL BUSINESSMANAGEMENT
QUSTION -1 Answerall these question
(I) What isthe difference betweenentrepreneurshipand intra-preneurship?
ANS-
BASIS FOR
COMPARISON
ENTREPRENEUR INTRAPRENEUR
Meaning Entrepreneur refers to a
person who set up his own
business with a new idea
or concept.
Intrapreneur refers to an
employee of the organization
who is in charge of
undertaking innovations in
product, service, process etc.
Approach Intuitive Restorative
Resources Uses own resources. Use resources provided by
the company.
Capital Raised by him. Financed by the company.
Enterprise Newly established An existing one
Dependency Independent Dependent
Risk Borne by the entrepreneur
himself.
Taken by the company.

2. BASIS FOR
COMPARISON
ENTREPRENEUR INTRAPRENEUR
Works for Creating a leading
position in the market.
Change and renew the
existing organizational
system and culture.
(II) What isEDP?
ANS –
EDP (electronic data processing)
EDP (electronic data processing), an infrequently used term for what is
today usually called "IS" (information services or systems) or "MIS"
(management information services or systems), is the processing
of data by a computer and its programs in an environment involving
electronic communication. EDP evolved from "DP" (data processing), a
term that was created when most computing input was physically put into
the computer in punched card form and output as punched cards or paper
reports.
(III) What isa businessplan?
ANS- Business Plan
A business plan is also a road map that provides directions so a business can
plan its future and helps it avoid bumps in the road. The time you spend
making your business plan thorough and accurate, and keeping it up-to-
date, is an investment that pays big dividends in the long term.

3. Your business plan should conform to generally accepted guidelines
regarding form and content. Each section should include specific elements
and address relevant questions that the people who read your plan will
most likely ask. Generally, a business plan has the following components:
(Iv) Write any two types of business crisis?
Ans- Types of Crisis
Natural Crisis
 Disturbances in the environment and nature lead to natural crisis.
 Such events are generally beyond the control of human beings.
 Tornadoes, Earthquakes, Hurricanes, Landslides, Tsunamis, Flood, Drought all result in natural
disaster.
Technological Crisis
 Technological crisis arises as a result of failure in technology. Problems in the overall systems
lead to technological crisis.
 Breakdown of machine, corrupted software and so on give rise to technological crisis.
(V) What isSIDO?
ANS- (SIDO) isa subordinate office of the Departmentof SSI&AuxiliaryandRural Industry(ARI).Itis
an apex bodyand nodal agencyforformulating,coordinatingandmonitoringthe policiesand
programsfor promotionanddevelopmentof small-scale industries.

4. ANS-2 Howsmall scale industriesare helpful ineconomicdevelopment.
Role and Importance of Small Scale
Industries
Smallscaleindustriesareimportantbecauseithelps in
increasingemploymentand economicdevelopmentofIndia. It
improvesthegrowth ofthecountrybyincreasingurbanand rural
growth. RoleofSmalland mediumscaleenterprisesareto help the
governmentin increasinginfrastructuresand manufacturingindustries,
reducingissueslike pollution,slums,poverty,and manydevelopment
acts. Smallscalemanufacturingindustriesand cottageindustriesplaya
veryimportantrolein theeconomicdevelopmentofIndia.Ifany
amountofcapitalis invested in smallscaleindustries itwill help in
reducingunemploymentin Indiaand increasingself-employment. The
industryis a sectorin which the production ofgoodsis a segmentofthe
economy.Letus learn moreabouttheimportanceofSmallscale
industriesand howSSI helps in developingthecountry.
Small Scale Industries Definition
Previously,thedefinition ofsmallscaleindustriesdepended uponthe
business’s capitaland labour.This definitionis stillused to demarcate
between small,mediumand large-scaleindustries.

5. The Central Government has the authority to determine capital
investment requirements for small-scale industries. These requirements
are listed under the Industries (Development and Regulation) Act, 1951.
A small enterprise in which investment in plant & machinery ranges
between Rs. 25 lakhs to Rs. 5 crores is a small-scale industry.
Similarly, for industries that provide services,
the investment requirement is between Rs. 10 lakhs and Rs. 2 crores.
Every small-scale industry plays a big role in the Indian economy. Apart
from providing employment to crores of people, it has the added benefit
of minimum capital requirements. The government also offers several
tax benefits to SSI for this purpose.
Furthermore, they can exist in urban as well as rural areas. Small Scale
Industries have been able to compete with large-scale industries and
multinational corporations because of this. Due to reasons like these,
they are of great importance.
The following are some specific roles that SSIs play in the Indian
economy:
SSI Increases Production
India is one of the world’s fastest growing economies in the world.
Consequently, its productionoutput is massive. It is pertinent to note
that SSIs contribute almost 40% of India’s gross industrial value.

6. Here is another interesting statistic about Small scale industries. The
number of Small Scale Industries in India increased from around 8
lakhs in 1980 to over 30 lakhs in 2000.
This figure has grown even more in recent years owing to the
government’s ‘Ease of Doing Business’ policies.
SSI Increases Export
Apart from producing more goods and services, SSIs have been able to
export them in large numbers as well.
Almost half of India’s total exports these days come from small-scale
businesses.
35% of the total exports account for direct exports by SSIs, while
indirect exports amount to 15%.
Even trading houses and merchants help SSIs export their goods and
services to foreign countries.
SSI Improves Employment Rate
It is important to note firstly that Small Scale Industries employs more
people than all industries after agriculture.
Almost four persons can get full employment if Rs. 10 lakhs are
invested in fixed assets of small-scale sectors.
Furthermore, SSIs employ people in urban as well as rural areas.

7. Consequently, this distributes employment patterns in all parts of the
country and prevents unemployment crisis.
SSI Open New Opportunities
Small-scale industries offer several advantages and opportunities for
investments.
For example, they receive many tax benefits and rebates from the
government. The opportunity to earn profits from SSIs are big due to
many reasons.
Firstly, SSIs are less capital intensive. They even receive financial
support and funding easily.
ANS-3 Write the process of feasibility study?
Understanding Feasibility Studies
A feasibility study is simply an assessment of the practicality of a proposed plan
or project. As the name implies, these studies ask: Is this project feasible? Do we
have the people, tools, technology, and resources necessary for this project to
succeed? Will the project get us the return on investment (ROI) that we need and
expect?
The goals of feasibility studies are as follows:

8.  To understand thoroughly all aspects of a project, concept, or plan
 To become aware of any potential problems that could occur while
implementing the project
 To determine if, after considering all significant factors, the project is
viable—that is, worth undertaking
The Importance of Feasibility Studies
Feasibility studies are important to business development. They can allow a
business to address where and how it will operate. They can also identify
potential obstacles that may impede its operations and recognize the amount of
funding it will need to get the business up and running. Feasibility studies aim for
marketing strategies that could help convince investors or banks that investing in
a particular project or business is a wise choice.
When doing a feasibility study, it’s always good to have a contingency plan that
you also test to make sure it’s a viable alternative in case the first plan fails.
Tools for Conducting a Feasibility Study
Suggested Best Practices
Feasibility studies reflect a project's unique goals and needs, so each is different.
However, the tips below can apply broadly to undertaking a feasibility study. You
may, for example, want to do the following:
 Get feedback about the new concept from the appropriate stakeholders
 Analyze and ask questions about your data to make sure that it's solid
 Conduct a market survey or market research to enhance data collection
 Write an organizational, operational, or a business plan
 Prepare a projected income statement
 Prepare an opening day balance sheet
 Make an initial "go" or "no-go" decision about moving ahead with the plan
KEY TAKEAWAYS
 A feasibility study assesses the practicality of a proposed plan or project.

9.  A company may conduct a feasibility study if it's considering launching a
new business or adopting a new product line.
 It's a good idea to have a contingency plan in case of unforeseeable
circumstances, or if the original project is not feasible.

Real-World Example of a Feasibility Study
An elite college in a wealthy suburb of Boston had long desired to expand its
campus. It kept putting off the project, however, because the administration had
certain reservations, including whether it could afford to expand. The college also
worried about public opinion of the neighborhood—the original home of this
college for more than 100 years. As in the past, the community board had
rejected similar types of development proposals. Finally, the college wondered if
specific legal and political issues might impinge upon its plan.
All of these concerns and unknowns are apt reasons to proceed with a feasibility
study, which the college finally did undertake. As a result, the school now is
forging ahead with its expansion plans without needing to leave its historic home.
If it had not taken the time and effort to conduct a feasibility study, the college
would never have known whether its dreamed-of expansion could become a
viable reality.
Feasibility is defined as the practical extent to which a project can be performed
successfully. To evaluate feasibility, a feasibility study is performed, which determines
whether the solution considered to accomplish the requirements is practical and workable in
the software. Information such as resource availability, cost estimation for software
development, benefits of the software to the organization after it is developed and cost to be
incurred on its maintenance are considered during the feasibility study. The objective of the
feasibility study is to establish the reasons for developing the software that is acceptable to
users, adaptable to change and conformable to established standards.