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List of Important Questions for B.Tech Entrepreneurship With Answers

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 List of Important Questions for B.Tech Entrepreneurship with Answers. Here we provide you the list of important questions with answers foe B.Tech Entrepreneurship Subject, We hope that this may help you studying for your exams. List of Important Questions For B.Tech Entrepreneurship With Answers Q1. Define MSME.  Answer : MSMED Act, 2006 defines MSME under two categories  (i) Manufacturing MSME   Manufacturing MSMEs are defined as the MSMEs involved in manufacturing/production/preservation of the goods. The investment limits according to MSMED Act for Micro, Small and Medium enterprises are  (a) Micro enterprises – Should be less than 25 lakhs.  (b) Small Enterprises – Should be within 25 lakhs to 5 crores  (c) Medium Enterprises – Should be within 5 crores to 10 crores.  (ii) Service MSME  Service MSMEs are defined as the enterprise involved in providing services. The investment limits according to MSMED Act for Micro, Small and Me...

Important Short questions and answers for B.Tech Enterpreneurship unit-2

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 Important short questions and answers for B.tech Entrepreneurship unit-2: Here we provide you the important questions for B.Tech Entrepreneurship unit-2 (New Venture Creation) with answers which will help you in studying for your upcoming exams. B.Tech Entrepreneurship unit-2 important questions with answers Q1. What do you understand by new venture creation? Answer : New venture creation is commonly called as start-up creation. The new venture creation presents a road map to create a new venture/startup. It includes all the stages involved in the set up of a new venture right from the identification/creation of new business ideas till the launch and growth of the business. New venture creation happens through three phases,  (i) Research phase  (ii) Development of business model phase  (iii) Business launch phase. Q2. What do you understand by mobility of entrepreneurs? Answer :   Movement and mobility have played an important role in the human history across...

Important Short questions for B.Tech Enterpreneurship unit-1 with answers

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 Important short questions for B.tech Entrepreneurship unit-1: Here we provide you the important questions for B.Tech Entrepreneurship unit-1.Entrepreneurial Perspectives with answers which will help you in studying for your upcoming exams. B.Tech Entrepreneurship unit-1 important questions with answers Q1. Define the concept of entrepreneurship.   Answer :  “Entrepreneurship is the purposeful activity of an individual or a group of associated individuals, undertaken to initiate, maintain or organize a profit oriented business unit by production or distribution of economic goods and services”. It also includes not only the independent businessman but also managers and company directors who carry out innovative functions in the organization or business. Q2. State the entrepreneurial motivations. Answer :      Entrepreneurs can use many motivational practices to motivate the employees in achieving the set goals. Some of the important practices are...