GU New Venture Planning Question Paper 2021 [Gauhati University BCom 3rd Sem. CBCS Pattern]

GU BCom 3rd Sem Question Paper: New Venture Planning 2021 (COM–SE–3024)

4 (Sem-3/CBCS) COM SE 1/2/3 2021 (Held in 2022) COMMERCE (Skill Enhancement Course) PAPER: COM–SE–3024
(New Venture Planning)
Full Marks: 50
Time: Two hours
The figures in the margin indicate full marks for the questions.

1. Choose the correct option from the following: [1×4=4]

(a) Which of the following is concerned with venture capital?
(i) New project
(ii) New project potential having higher profit
(iii) New project of high technology
(iv) New project having high risk
(v) All of the above

(b) Intellectual Property Rights (IPR) protect the use of information and ideas that are of—
(i) social value
(ii) moral value
(iii) commercial value
(iv) ethical value

(c) Which of the following is a reason why a person might prefer to purchase a franchise rather than open a completely new business?
(i) Higher failure rate

(d) Venture Capitalist cannot pull out the company until the company has gone public.
(i) Yes
(ii) No

2. What is venture capital? [2]

3. Write two purposes of business incubators. [2]

4. Differentiate between invention and innovation. [2]

5. Explain the importance of creative people in companies. [5]

Or

What is an Angel Investor? Explain it with one example of angel investor in India. [5]

6. Write a short note on Trademark. [5]

Or

If you have to start a new venture with a capital requirement of Rs. 5,00,000, which source of funding will you prefer and why? Explain. [5]

7. What are the major business traits that a start-up owner must have to be successful? Discuss. [10]

Or
Discuss the various stages of identification of business opportunities. [10]

8. Explain the benefits of Franchisor and Franchisee. [10]

Or
Explain the stages of venture capital process. [10]

9. Define market research. Explain the needs and methods of market research. [10]

Or
What is Patent? What are the requirements and procedures for filing a patent? [10]

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