Examination Paper: Entrepreneurship Management
1
IIBM Institute of Business Management
IIBM Institute of Business Management
Examination Paper MM.100
Entrepreneurship Management
Section A: Objective Type (30 marks)
•This section consists of Multiple choices/Fill in the blanks/True-False & Short notes type
questions.
•Answer all the questions.
•Part One questions carry 1 mark each & Part Two questions carry 5 marks each.
Part One:
1. According to BBC English dictionary ‘Entrepreneur’ refers to……………………………
2. Quasi or Ostensible partners are those who have already retired from active participation.(T/F)
3. The minimum number of individuals required to form a cooperative society:
a. 5
b. 10
c. 15
d. 20
4. WTO stands for………………………………………………………………......................
5. MTNL stands for Metro Telephone Network Limited.(T/F)
……………………………..
10. IDBI is a subsidiary of:
a. State bank of India
b. Reserve bank of India
c. PNB
d. None of the above
Part Two:
1. Explain the role of ‘Ethics’ in Entrepreneurship.
………………………………………..
4. What is ‘Copyright’?
END OF SECTION A
Section B: Caselets (40 marks)
•This section consists of Caselets.
•Answer all the questions.
•Each Caselet carries 20 marks.
•Detailed information should form the part of your answer (Word limit 150 to 200 words).
Caselet 1
Mahesh and Raja met while at a Compaq disc production company. Mahesh was in charge of editorial
and production, Raja ran the sales force. Mahesh decided to start his own company and invited Raja to
join him. Raja would handle sales and administration, while Mahesh managed the clients and directed
production.MR communications seemed like a perfect partnership. Things seemed to be going well, and
they even landed a major project. As time went by; Raja decided that he wanted a “creative” job too. He
…………………………….to dig out of the financial mess and get
his new company up and running successfully.
Examination Paper: Entrepreneurship Management
3
IIBM Institute of Business Management
Questions:
1. How could Mahesh and Raja have avoided the problems that led to the end of their partnership?
2. Why is this situation a good example of the difficulty in maintaining partnerships between friends?
Caselet 2
Reliance Engineering is a manufacturing firm with about 160 employees. The founder of the business,
Manoj, is not active now, and his son, Amit, is the person responsible for the business now. One of
Amit’s sisters, Ashwini, runs a small branch distribution office. Her husband, Arun works out of that
……………………sure who else might want to join the business, but one
of his sons, who will graduate with an industrial engineering degree next year, has expressed some
interest.
Questions:
1. Is there a list of do’s and don’ts regarding employment of family members in a family business?
2. Amit has not got down to documenting a family employment policy yet. Help him frame one.
END OF SECTION B
Section C: Applied Theory (30 marks)
•This section consists of Applied Theory Questions.
•Answer all the questions.
•Each question carries 15 marks.
•Detailed information should form the part of your answer (Word limit 200 to 250 words).
1. Study the Second and Third All India Census on SSI and prepare a comparative analysis of the
results of the survey.
2. “Innovation generates entrepreneurship”, justify.
END OF SECTION C
1
IIBM Institute of Business Management
IIBM Institute of Business Management
Examination Paper MM.100
Entrepreneurship Management
Section A: Objective Type (30 marks)
•This section consists of Multiple choices/Fill in the blanks/True-False & Short notes type
questions.
•Answer all the questions.
•Part One questions carry 1 mark each & Part Two questions carry 5 marks each.
Part One:
1. According to BBC English dictionary ‘Entrepreneur’ refers to……………………………
2. Quasi or Ostensible partners are those who have already retired from active participation.(T/F)
3. The minimum number of individuals required to form a cooperative society:
a. 5
b. 10
c. 15
d. 20
4. WTO stands for………………………………………………………………......................
5. MTNL stands for Metro Telephone Network Limited.(T/F)
……………………………..
10. IDBI is a subsidiary of:
a. State bank of India
b. Reserve bank of India
c. PNB
d. None of the above
Part Two:
1. Explain the role of ‘Ethics’ in Entrepreneurship.
………………………………………..
4. What is ‘Copyright’?
END OF SECTION A
Section B: Caselets (40 marks)
•This section consists of Caselets.
•Answer all the questions.
•Each Caselet carries 20 marks.
•Detailed information should form the part of your answer (Word limit 150 to 200 words).
Caselet 1
Mahesh and Raja met while at a Compaq disc production company. Mahesh was in charge of editorial
and production, Raja ran the sales force. Mahesh decided to start his own company and invited Raja to
join him. Raja would handle sales and administration, while Mahesh managed the clients and directed
production.MR communications seemed like a perfect partnership. Things seemed to be going well, and
they even landed a major project. As time went by; Raja decided that he wanted a “creative” job too. He
…………………………….to dig out of the financial mess and get
his new company up and running successfully.
Examination Paper: Entrepreneurship Management
3
IIBM Institute of Business Management
Questions:
1. How could Mahesh and Raja have avoided the problems that led to the end of their partnership?
2. Why is this situation a good example of the difficulty in maintaining partnerships between friends?
Caselet 2
Reliance Engineering is a manufacturing firm with about 160 employees. The founder of the business,
Manoj, is not active now, and his son, Amit, is the person responsible for the business now. One of
Amit’s sisters, Ashwini, runs a small branch distribution office. Her husband, Arun works out of that
……………………sure who else might want to join the business, but one
of his sons, who will graduate with an industrial engineering degree next year, has expressed some
interest.
Questions:
1. Is there a list of do’s and don’ts regarding employment of family members in a family business?
2. Amit has not got down to documenting a family employment policy yet. Help him frame one.
END OF SECTION B
Section C: Applied Theory (30 marks)
•This section consists of Applied Theory Questions.
•Answer all the questions.
•Each question carries 15 marks.
•Detailed information should form the part of your answer (Word limit 200 to 250 words).
1. Study the Second and Third All India Census on SSI and prepare a comparative analysis of the
results of the survey.
2. “Innovation generates entrepreneurship”, justify.
END OF SECTION C
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