ENTREPRENEUR

SHIP
ASSIGNMENT
FOR CYCLE TEST- TWO

NAME
: Shyamraj L S
ROOL NO : 3511310542
SECTION : 2nd MBA J

1. What is business plan?

A business plan is a formal statement of a set of business goals, the
reasons they are believed attainable, and the plan for reaching those
goals. It may also contain background information about the organization
or team attempting to reach those goals.
2. What is opportunity analysis?
A detailed review of the prospects for a product within a potential market .
For example, a product marketing manager for a business might request a
detailed opportunity analysis for a particular product to help
them forecast whether market demand conditions will support launching
the product into that market.

3. What is market survey?

A market survey is an important requirement for initiating any successful
business. The objective of a market survey is to collect information on
various aspects of the business. This survey is a tool through which we
can minimize risk.
4. What is environmental analysis?
A process for identifying all external and internal elements that
can affect the performance of the organization and evaluating the level of
threat or opportunity they present. Opportunity and
threat assessments are then incorporated into decision making process in
order to better align strategies with the organization's environment.
5. What is project?
An individual or collaborative enterprise that is carefully planned to
achieve a particular aim.
6. What is a small scale enterprise?
What businesses are defined as "small" in terms of government support
and tax policy varies depending on the country and industry. Small
businesses range from 15 employees under the Australian Fair Work Act
2009, 50 employees according to the definition used by the European
Union, and fewer than 500 employees to qualify for many U.S. Small
Business Administration programs.

7. What is venture capital?

Capital invested in a project in which there is a substantial element of risk,
typically a new or expanding business.
8. What are all the Problems Faced by Entrepreneurs While
Starting Business in India?
1. Bureaucracy, 2. Corruption, 3. Labour, 4. Regional Sentiments, 5. Grey
Market and Counterfeit Goods and 6. Social Capitals!
9. Short notes on sidbi
Small Industries Development Bank of India is a non-independent financial
institution aimed to aid the growth and development of micro, small and
medium-scale enterprises (MSME) in India. Set up on April 2, 1990 through
an act of parliament, it was incorporated initially as a wholly owned
subsidiary of Industrial Development Bank of India.
10. Short note on IIE
The Indian Institute of Entrepreneurship (IIE) was established by the
Department of Small Scale Industries and Agro and Rural Industries as an
autonomous organisation in 1993 with its headquarters at Guwahati. It
takes up training, research and consultancy activities in the field of small
industry and entrepreneurship.
11. Short notes on msmidi
The Micro Small and medium Enterprises Development institute (MSME
DI), Chennai, established in the year 1954, as field level Institute under
the Ministry of MSME, Government of India. Office of DC(MSME) is the
apex body for formulating SSI policies in the country and it implements
promotional activities through its country wide network of MSME DIs, Br.
MSME DIs, Field Testing Stations, Prototype Development Centres and Tool
Rooms etc.,
12. Write a short note on SIDO
SIDO helps in giving technical and managerial inputs, making project
reports and training entrepreneurs of small scale industries. It maintains a
close contact with financial and training institutions, Government and
other agencies for the promotion and development of small industrial
units. It undertakes entrepreneurship development wherein the training
and managerial capabilities are developed.

13. What is the need of entrepreneurs?

To develop the nation

To develop the country economy level
Find the new innovative ideas

14. What do you meant by self help group?

A self-help group (SHG) is a village-based financial intermediary
committee usually composed of 1020 local women or men. A
mixed group is generally not preferred. Mostself-help groups are
located in India, though SHGs can also be found in other countries,
especially in South Asia and Southeast Asia.
15. What is meant by micro enterprises?
in general, a microenterprise is considered a small business employing
10 people or less, and have a capital asset of less than PhP 3,000,000.
Internationally, most microenterprises are family businesses employing
one or two persons. These micro entrepreneurs operate microenterprises
by choice. Most microenterprise owners are primarily interested in earning
a living to support themselves and their families.

16. What do you meant by medium scale enterprises?

Small and medium-sized businesses (SMBs) are businesses whose
personnel numbers fall below certain limits. The abbreviation "SME" is
used in the European Union and by international organizations such as
the World Bank, the United Nations and the World Trade
Organization (WTO). Small enterprises outnumber large companies by a
wide margin and also employ many more people. SMEs are also said to be
responsible for driving innovation and competition in many economic
sectors.
17. Rural entrepreneurs
Entrepreneurship implies entrepreneurship emerging in rural areas. (Or)
rural entrepreneurship means rural industrialisation. Industrialisation cant
originate (or) sustain without entrepreneurship whether rural (or) urban.
18. Women entrepreneur
Government of India has defined women entrepreneurs as owning and
controlling an enterprise with a woman having a minimum financial
interest of 51% of the capital and giving at least 51% of the employment

generated in the enterprise to make a decision is called women

entrepreneur
19. Technical entrepreneur
Kalaldeh identified the four areas: Networking Program to help
Jordanian Technology Entrepreneurs exchange experience and knowledge;
a Program to create more awareness on potential opportunities in
technology start ups and recognise innovative and outstanding technology
business ideas and start ups; an Investment Program to help
Jordanian Technology Entrepreneurs seeking funding for their start ups at
seed and early stages, in addition to a Capacity Building and Support
Program to provide Jordanian Technology Entrepreneurs with specialized
training, mentoring and support services to help them establish, fund and
manage their compan
20. Define intrapreneur
An inside entrepreneur, or an entrepreneur within a large firm, who uses
entrepreneurial skills without incurring the risks associated with those
activities. Intrapreneurs are usually employees within a company who are
assigned a special idea or project, and are instructed to develop the
project like an entrepreneur would. Intrapreneurs usually have the
resources and capabilities of the firm at their disposal. The intrapreneur's
main job is to turn that special idea or project into a profitable venture for
the company.
21. Explain any two skill for entrepreneur
A wide range of competences are seen as entrepreneurial and useful to
entrepreneurs, these include knowledge, skills and personal traits:

Management skills the ability to manage time and people (both

oneself and others) successfully.
Communication skills (e.g. the ability to sell ideas and persuade
others)

22. Define balancing act?

According to c.j.prince balancing act is a Excess inventory can
eat up your cash, so ditch the superfluous stock and use better
management practices to keep your business booming
23. Reliability bias
Reliability is defined as "an indication of the consistency of scores across
evaluators or over time." An assessment is considered reliable when the
same results occur regardless of when the assessment occurs or who does

the scoring. There should be compelling evidence to show that results are
consistent across raters and across scoring occasions.
24. What is valid assessment?
Valid assessments minimize unintended negative consequences. Negative
effects of assessments might include restricting curricula to what can be
easily assessed, communicating unintended messages about power,
control, or social status, and fostering narrow images of the nature of a
particular discipline.
25. What is fairness in ED?
Fairness means that an assessment should "allow for students of both
genders and all backgrounds to do equally well. All students should have
equal opportunity to demonstrate the skills and knowledge being
assessed." The fairness of the assessment is jeopardized if bias exists
either in the task or in the ratter.
26. What is the tool kit for professional developer?
Alternative Assessment is a product of the Laboratory Network Project.
The tool kit contains numerous examples of alternative assessments and
provides professional development activities that can assist teachers in
considering the significance of these concepts for their carrier
27. What is reliability?
Reliability is defined as "an indication of the consistency of scores across
evaluators or over time." An assessment is considered reliable when the
same results occur regardless of when the assessment occurs or who does
the scoring. There should be compelling evidence to show that results are
consistent across raters and across scoring occasions.
28. What is customer segment?
Customer segmentation is the practice of dividing a
company'scustomers into groups relevant to a particular
business. The goal of segmenting customers is to decide how to
relate to customers in eachsegment in order to maximize the
value of each customer to the business.

29. What is business model?

A business model describes the rationale of how an organization creates,

delivers, and captures value, in economic, social, cultural or other
contexts. The process of business model construction is part
of business strategy.
30. What is managerial feasibility?
Managerial Feasibility studies is the objectively and rationally uncover the
strengths and weaknesses of an existing business or proposed venture,
opportunities and threats which are presented by the environment, the
resources required to carry through, and ultimately the prospects for
success. In its simplest terms, the two criteria to judge feasibility are cost
required and value to be attained. Managerial feasibility study is an
analysis of the viability of an idea. The Managerial feasibility study focuses
on helping answer the essential question of should we proceed with the
proposed project idea? All activities of the study are directed toward
helping answer this question.
31. What is knowledge funnel thinking process?
As knowledge moves through the knowledge funnel, productivity grows
and costs drops The knowledge funnel balances the exploration of new
knowledge (innovation) with the exploitation of current knowledge
(efficiency) that facilitates value creation