Assam University BCom 2nd Semester Fundamentals of Entrepreneurship Question Paper 2024
FYUG Even Semester Exam., 2024
COMMERCE (2nd Semester)
Course No. COMIDC-151T (A)
(Fundamentals of Entrepreneurship)
Full Marks: 70, Pass Marks: 28 , Time: 3 hours
The figures in the margin indicate full marks for the questions.
SECTION-A
Answer any twenty of the following as directed: (1×20=20)
1). What is the need of a feasibility study before starting a new venture?
2). Ownership position of more than 50 percent in a business is known as (Fill in the blank).
3). Intrapreneurship is also known as corporate venturing. (Write True or False).
4). What is the process of creating something new called?
5). What do you understand by small business entrepreneurship?
6). Which personality type is best suited for entrepreneurship?
7). Who propounded the Need Achievement Theory?
8). What is the full form of EDI?
9). What is meant by entrepreneurial action?
10). What do you mean by need for affiliation?
11). What is meant by scaling the business?
12). Name a successful entrepreneur.
13). State any one funding source for entrepreneurs.
14). What is the need of a project report?
15). What do you understand by feasibility analysis?
16). What do you mean by participative leadership?
17). What do you understand by the term 'power'?
18). What do you mean by 'Vocal for Local'?
19). What is the full form of SIDBI?
20). Name two non-financial supports for entrepreneurs.
21). Name a tool to measure business performance.
22). What is the main reward for an entrepreneur?
23). Name a type of business risk.
24). What is meant by key performance indicators?
25). Name some entrepreneurial risks.
SECTION-B
Answer any five of the following questions: (2×5=10)
26). What do you mean by social entrepreneurship?
27). Mention two traits of a successful entrepreneur.
28). What are the Big-Five traits of entrepreneurial personality?
29). State two entrepreneurial competencies prescribed by EDI, Ahmedabad.
30). What is meant by a business plan?
31). What is entrepreneurial dynamics?
32). What is the role of government in developing entrepreneurship?
33). How do entrepreneurial support systems help in developing entrepreneurship?
34). Name two psychological rewards of an entrepreneur.
35). How can you assess entrepreneurial performance?
SECTION-C
Answer any five of the following questions: (8×5=40)
36). Define entrepreneurship. Differentiate between entrepreneur and manager. (3+5=8)
37). Discuss in brief the major functions of entrepreneurs in relation to economic development.
38). Discuss Maslow's Need Hierarchy Theory in detail.
39). Outline the various motivating factors for entrepreneurs.
40). Discuss in brief the entrepreneurial process.
41). Discuss the process of opportunity identification in starting a business.
42). Discuss the role of educational institutions in the promotion of entrepreneurship.
43). Discuss the contribution of family business in developing a healthy entrepreneurial culture among the youth of India.
44). Discuss entrepreneurial rewards in the context of the socio-economic environment of India.
45). What do you understand by risk and reward compatibility? Discuss with suitable examples and diagrams.
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