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MASTER OF BUSINESS ADMINISTRATION
ASSIGNMENT
SEM-3
READ INSTRUCTIONS CAREFULLY:
- Assignments are to be submitted by each student online in student’s login.
- Assignments of each subject should be in softcopy (ms word).
- Only one file having collection of all assignments of individual students should be submitted.
- If the matter of two student will mach then assignment will be treated rejected and
- student will be given zero marks. And no second chance will be given.
- After last date there is no provision of uploading assignments & no hard copy will be accepted under any circumstances.
NOTE: All questions are compulsory.
MBA 302 (ENTREPRENEURSHIP & BUSINESS PLANNING)
Q-1. Write a note on characteristics of management.
Answer: Goal-oriented process
An essential aspect of management is to combine individual efforts and direct them towards achieving organisational goals. These goals differ from organisation to organisation. For example, an organisation can have a profit motive whereas a social work organisation might have a goal of eradicating illiteracy among children. Management recognises these goals and aims to fulfil them.
Q-2. How does entrepreneurial culture affect entrepreneurship?
Answer: Economic development, job creation, innovation and a nations’ competitiveness are usually attributed to the entrepreneurial activities pursued in those economies. The entrepreneurship phenomenon has been widely researched and many factors have been identifies as main drivers of
Q-3. What do you understand by fixed capital and working capital?
Answer: Fixed and working capital are both vital to a small business. Fixed capital includes the assets or investments needed to start and maintain a business, like property or equipment. Working capital is the cash or other liquid assets that a business uses to cover daily operations, like meeting payroll and paying bills.
While both fixed and working capital are necessary for running a successful business, they are two distinct types of capital.
What Is Fixed Capital?
Q-4. Discuss the levels of management.
Answer: 1. Administrative, Managerial, or Top Level of Management
This level of management consists of an organization’s board of directors and the chief executive or managing director. It is the ultimate source of power and authority, since it oversees the goals, policies, and procedures of a company. Their main priority is on the strategic planning and execution of the overall business success.
Q-5. Explain the problems faced by women entrepreneurs in today’s scenario. Give examples.
Answer: Although we cannot deny the fact that in the past decade women have begun to establish businesses and become successful, some of the struggles that women entrepreneurs have to face remain. Regardless of the change in time which has led to over 252 million women entrepreneurs around the world, they are still struggling to overcome the challenges that they face regularly.
Social expectations: In a society when women are
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