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DRIVE
Fall
2017
PROGRAM
BACHELOR
OF BUSINESS ADMINISTRATION (BBA)
SEMESTER
V
SUBJECT
CODE & NAME
BBA505
- ENTREPRENEURSHIP MANAGEMENT
1 Explain – the nine types of
personalities of entrepreneurs defined by Zahorsky.
Nine types
of personalities of entrepreneurs
Answer: Nine types of personalities of entrepreneurs
(i)
The
improver: An
improver operates business with high degree of integrity and ethics and focus
on continuous improvement.
(ii)
The
advisor: An
advisor entrepreneur tends to be focussed on customer needs, and they provide
high level of assistance and advice to customers.
(iii)
The
superstar: Charismatic
entrepreneur is a superstar. Business is centred around the superstar who is
very competitive in nature.
2 What are the contents of a
Business Plan? Draft a model Business Plan.
Contents of Business Plan
Answer: Contents
of a Business Plan
(i) Description of venture: For an existing
business, the details like date of establishment, journey over time with
significant milestones, employee data, sales and profit data over time (if
history is too long then selected period of say, five years’ data would be
enough), organization structure, operating philosophy, vision and mission
statements, and details of enabling factors are important.
(ii) Production plan: In case of manufacturing
3 Explain - Harvesting Strategy in
any industry.
Harvesting
Strategy
Answer: Harvesting
Strategy
Harvesting of business though becomes necessary when
in the process of bankruptcy it is realised that the business is not viable. At
this time business is not harvested or sold voluntarily but through court intervention.
If there is no buyer of the business-as-is then assets are sold one by one and
the proceeds are used for repaying the dues in the order of priority as laid
down by the law. This is called salvaging. An entrepreneur may consider
harvesting as exit strategy and
Dear students get fully solved
Send your semester &
Specialization name to our mail id :
“ help.mbaassignments@gmail.com ”
or
Call us at : 08263069601
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