Mgt602 Entrepreneurship Short Questions Vuabid

Suppose you are an entrepreneur and want to start a new business but you actually don’t know from where to start, what will be your new product and what will be its position in market. You don’t even know that will it be acceptable in market or not. For this, you want some ideas to produce a product which is attractive for consumers. From where will you get some general ideas for new product development? Explain the difference between a copyright and a trademark and how each is useful?

Explain the following parts of a business plan 1. Description of the Venture 2. Production Plan or Operations Plan 3. Marketing Plan 4. Organizational Plan 5. Financial Plan Suppose you want to start a new venture. Before starting it, Consultants recommend you to write all your plans for future use. What contents will you include in your document Entrepreneurs are unique individuals that use creativity and risk to generate ideas that oftentimes spawn into successful ventures. So, what exactly are some of the characteristics of successful entrepreneurs?

Define Entrepreneurship and the contribution of entrepreneurs in economic development of a country? When an entrepreneur wants to enter in international market, he faces many barriers. Briefly discuss those barriers to entry in international market. Suppose you are acting as an entrepreneur who is managing a new venture. For that new venture you are required to plan marketing of your product or services. What will be the specific procedure to follow to make an effective marketing plan?

What factors do you know that an entrepreneur would consider making a plan for a successful business How the different intellectual properties benefit the businesses? Give your arguments.

What are the similarities and differences between international and domestic business management

Identify the critical components of a marketing plan

Explain why traditional corporate management has not been conducive to intrapreneurship? (5)

Q.2 List the strengths and weaknesses (as appropriate) of the various definitions of entrepreneur highlighted under the heading of Nature and Development of Entrepreneurship and Definition of Entrepreneur. (5)

Discuss that the decision to start a new company occurs when an individual perceives that forming a new enterprise is desirable

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Do managers and entrepreneurs response to opportunities in same way? Also discuss the way of controlling and allocation of resources in both styles of management. Discuss the differences in the ways of inspiration which drives them to be aggravated (Both traditional managers and entrepreneurs).

How an entrepreneur can enter in international market without direct investment? Also write two methods of entrance in international market with direct investment? How to describe a venture and an organizational plan? Why Production Plan or operations Plan, marketing Plan, financial Plan are important parts of business plan? Suppose you are an entrepreneur. You come to know that the new venture will require major organizational structural changes to turn that venture in to a successful large business. What types of changes are you expecting; write in your own words. Being an entrepreneur while creating new venture, how would you encourage and direct a team of employees Please comment on the statement “Lack of synergy is a frequent cause of the acquisition failing to meet goals”.

What are Accounts receivable loans?

Question No: 28

( Marks: 3 )

State five key areas in which a plan can be measured for progress.

Question No: 29

( Marks: 3 )

Describe: •Horizontal merger •Vertical merger •Product extension merger

Question No: 30

( Marks: 3 )

How can internet be used for gathering information about a venture?

Question No: 31

( Marks: 10 )

What are patents? Describe: Design Patents Utility Patents

Question No: 32

( Marks: 10 )

Why Pakistani industrial history showed negative growth rate in past? Discuss some major issues faced by Pakistani small scale and medium scale enterprises.

Discuss the most effective use of interim income statements.

Question No: 27

( Marks: 5 )

What are the characteristics of a Marketing Plan?

Question No: 28

( Marks: 5 )

What is the difference between entrepreneurs and inventors?

Question No: 29

( Marks: 5 )

What is debt financing? How it relates to sales and profits?

Question No: 30

( Marks: 5 )

What decisions are taken by a bank when lending money?

Question No: 31

( Marks: 10 )

How price is determined for an Acquisition?

Write a note on Directorate of Industries (Balochistan).

Question No: 27

( Marks: 5 )

Explain the factors which resulted in restructuring of SBFC.

Question No: 28

( Marks: 5 )

Write a note on Regional Development Finance Corporation.

Question No: 29

( Marks: 5 )

How the progress of the plan can be measured?

Question No: 30

( Marks: 5 )

Explain the different types of joint ventures.

Question No: 31

( Marks: 10 )

Explain the different steps involved in the process of starting a new venture?