Elective: Entrepreneurship Management (Part -2) – NIBM Solved Assignments Latest

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Elective: Entrepreneurship Management (Part -2)

Attend any 4 questions.  Each question carries 25 marks

(Each answer should be of minimum 2 pages / of 300 words)

Question. 1.       Explain the emergence of entrepreneurial class in India.

Answer :  Environmental changes in the economy have led to the emergence of a new entrepreneurial class or business entrepreneurship. Their functions and role have undergone significant changes. In earlier days, entrepreneurship was regarded as individual responsibility and after some time it assumed collective responsibility.

At present, the entrepreneurship is

Question. 2.       Why is economic success of a nation worldwide, considered the result of encouraging and rewarding entrepreneurial instinct? Explain.

Answer :

Question. 3.       Examine in detail the role of Entrepreneur in bringing about Social Stability and Balanced Regional Development of Industries.

Answer : Being an entrepreneur social, human being ultimately the aim is the development of a happy and prosperous society. He is also a part of this society. He gets inspiration from society and develops in society.

So, he has to play a contractor role in the economic development of society.

Role of Entrepreneurs in Bringing Social Stability

Two types of people live in society. The

Question. 4.       Write a detailed account on the modern concept of Entrepreneur.

Answer :  Working  without limits,  changes  in  consumer  preferences,  and  contemporary  processes  of  global integration  have changed  the  traditional  concept  of  conduct for business  enterprises. The  application  of  the modern  concept  of  entrepreneurship  in  tourism  enterprises  provides  conditions  for  increasing  efficiency.  A focus  on innovative  approaches for basic  activities,  and  continued  allocation of total  resources  represent the main  features  of  modern  entrepreneurship.  Modern  entrepreneurship  is  the  process  through  which  the entrepreneur  and 

Question. 5.       What are the Factors for Entrepreneurial Motivation? Explain.

Answer : repreneurship is proceeded of setting out on your own and starting a business instead of working for someone else in his business. Motivation is the process that arouses action, sustains the activity in progress and that regulates the pattern of activity.

Sharma classified all the factors motivating the entrepreneurs into the following two types:

  • Internal factors: The entrepreneur may want to complement his income. Extra money from aside business is good for the wallet. The

Question. 6.       Entrepreneurial ventures begin with a big dream in mind of the person concerned. But to transform that dream into reality is not everyone’s cup of tea. This is because the entrepreneurs face a lot of troubles and problems in the process of attainment of their respective. Explain Barriers to Entrepreneurship

Answer :

                                                                                                                                25 x 4=100 marks

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