END Suggestions

 Mid-Term Examination

Course title: Entrepreneurship and Small Business Development

Time: 3HR                                                                                                      Total Marks: 30

Part A 

1.      Write short notes on (any ten):                                                                1 × 10 = 10

a.       Are you interested in launching a small business?  If so, when?  What kind of business?

b.      Explain the differences among creativity, innovation, and entrepreneurship.

c.       What is a paradigm?  What impact do paradigms have on creativity?

d.      Can creativity be taught or is it an inherent trait?  Explain.

e.       Why is strategic planning important to a small company?

f.        Explain the steps involved in conducting a feasibility analysis.

g.      Describe the major components of a business plan.

h.      Patent,

i.        Trademark,

j.        Small business,

k.      Creativity,

l.        Innovation,

m.    Entrepreneurial alertness,

n.      Copyright,

o.      SME,

p.      Brainstorming,

q.      Entrepreneurial firm,

r.        Entrepreneurial services,

s.       Business losses.

 

Part B

Answer any TWO of the following questions.                                                       5 × 2 = 10

 

2.      Explain Strategic management process for entrepreneurship.

3.     What is an entrepreneur? Give a brief description of the entrepreneurial profile.

6.      State the creativity tools for enhance organizational creativity.

7.      Write down the traits that are characterized by David McClelland for high entrepreneurs

 

Part B

Answer any one of the following questions.                                                       10 × 1 = 10

 

4.     Briefly outline the “ten mental locks” that can limit individual creativity. Give an example of a situation in which you subjected yourself to one of these mental locks.

5.      Explain Strategic management process for entrepreneurship.