April 2006
N.B. (1) Section I is compulsory
(2) Attempt any 3 questions from Section II
Section I
(1) Concepts: (10)
(a) Ancillary Industries
(b) Franchising
(c) Innovation
(d) Outsourcing
(e) Proactive personality
(2) Case study: (20)
Mr. S.V. Rao who had taken VRS from an engineering company and an experience of 20 years in production engineering. After retirement he started working in his garage, on an experimental basis of manufacturing portable mini-windmills.
His prototype model could be connected to any converter/inverter/device. This Mr. Rao felt will have two basic advantages.
(a) A single mini-windmill can be installed on the roof of any building to generate wind power as against the normal windmills which require a lot of land space and a minimum of 75 windmills to be installed.
(b) Though what he produced was a prototype Mr. Rao felt that a single wind-mill installed and producing power will be highly cost effective and virtually every house, building can install their own mini-windmill for power. This would cost a mere fraction compared to the cost of power from any other source.
Mr. Rao is now looking for a sponsor for manufacturing these windmills on a regular basis. He has also formed out that couple of banks are interested in helping him financially, provided he can obtain seed capital, either through venture capital or through a business partner.
Now:
(a) Prepare a project plan for Production, Distribution and Marketing. The raw material required for the mini-windmill are very simple a hollow poll, lengths of electricity wire and fan blades.
(b) Prepare an feasibility plan of the project with cost, sales projection for 3-5 years, and profitability, so that the financial assistance from the bank is easily obtained.
Section II
(3) What is Entrepreneurship? Discuss the various types of entrepreneurs. (10)
(4) “EDP is a process of grooming Entrepreneurs”. Explain (10)
(5) What are the different forms of ownership available to entrepreneurs? Discuss each form in brief. (10)
(6) Mention the basic theories of Entrepreneurship. Discuss briefly any two theories with relevant examples. (10)
(7) Short Notes on any two: (10)
(a) Industrial Sickness
(b) Business Plan
(c) Women Entrepreneurs
(d) Rural Entrepreneurs
(e) I.P.R
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