BBA505: ENTREPRENEURSHIP MANAGEMENT

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ASSIGNMENT

DRIVE	SPRING 2016
PROGRAM	Bachelor of Business Administration- BBA
SEMESTER	Semester 5
SUBJECT CODE & NAME	BBA505: ENTREPRENEURSHIP MANAGEMENT
BK ID	B1853
CREDIT & MARKS	2 CREDITS &30 MARKS

Note: Answer all questions. Kindly note that answers for 10 marks questions should be approximately of 400 words. Each question is followed by evaluation scheme.

Question.1. Who is an Entrepreneur? What is the role of entrepreneurship in EconomicDevelopment?

Answer:The entrepreneur who is a business leader looks for ideas and puts them into effect in fostering economic growth and development. Entrepreneurship is one of the most important input in the economic development of a country. The entrepreneur acts as a trigger head to give spark to economic activities by his entrepreneurial decisions. He plays a pivotal role not only in the development of industrial sector of a country but also in the development of farm and service sector. The major roles played by an entrepreneur in the economic development of an economy is discussed in a systematic and orderly manner as follows.

(1) Promotes Capital Formation: Entrepreneurs

Question.2. What are the contents of a Business Plan?

Answer:A good business plan should include all of the following information:

Front Cover: The cover gives the reader an instant impression of the business so it needs to look professional. It should show the business name and logo, if you have one, and your name. A well laid out cover page will present a professional image to funders and will attract their attention and interest. You should make every effort to have your plan word-processed. It will make the document easier to read.

Summary: Although the

Question.3. Define the term growth. What are the characteristics of a high growth firm?

Answer:Growth refers to a positive change in size, and/or maturation, often over a period of time. Growth can occur as a stage of maturation or a process toward fullness or fulfillment. It can also perpetuate endlessly, for example, as detailed by some theories of the ultimate fate of the universe.

The quantity can be:

    Physical (e.g.,

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