ENTREPRENEURIAL DEVELOPMENT QUESTION BANK

5 MARKS
1. Define entrepreneurship and discuss its significance in the contemporary
business landscape.
2. Explain the different types of entrepreneurship with relevant examples.
3. What are the key traits or characteristics of successful entrepreneurs?
Discuss.
4. Identify and analyze the factors that promote entrepreneurship in a society or
economy.
5. Outline the barriers commonly faced by entrepreneurs and discuss strategies
to overcome them.
6. How does entrepreneurial culture influence the success of businesses and
economies?
7. Describe the stages involved in the entrepreneurial process from idea
generation to business establishment.
8. Discuss the role of women entrepreneurship in fostering economic
development.
9. Explain the concept of Self-Help Groups (SHGs) and their contribution to
entrepreneurship and economic empowerment.
10.How can opportunities be recognized and evaluated for potential business
ventures?
11.Discuss various methods such as trend analysis and brainstorming used in
generating business ideas.
12.Explain the importance of protecting business ideas from being lost or
stolen. Discuss methods like patents and intellectual property rights (IPR) in
this context.
13.Outline the steps involved in opportunity identification and product/service
selection for entrepreneurial ventures.
14.Analyze the significance of market analysis, technical analysis, cost-benefit
analysis, and network analysis in evaluating project feasibility.
15.Discuss the challenges faced in dealing with basic and initial problems
during the setup of enterprises.
16.Define a business plan and elaborate on its importance in the entrepreneurial
journey.
17.Outline the process involved in creating a business plan and discuss its
advantages.
18.Describe the components of a model project report for starting a new
venture, emphasizing team-based project work.
19.Identify and discuss various sources of finance available for entrepreneurial
ventures, including venture capital, business angels, commercial banks, and
government grants.
20.Explain the venture capital process and discuss its role in funding
entrepreneurial ventures.