The entrepreneurial process consists of the following steps
1. Management of the resulting enterprise.
2. Determination of the required resources.
3. Identification and evaluation of the opportunity.
4. Development of the business plan.
Indicate the correct sequence
The following two statements related to industrial sickness. Choose the correct the statements. Statement I The Sick Industrial Companies Act (SICA)was enacted to address a chronic problem of industrial sickness in the Indian economy. Statement II SICA defined a sick industrial unit as one that had existed for atleast three years and had incurred accumulated losses equal to its entire net worth at the end of any financial year.
Industrial Reconstruction Bank of India (lRBI) which was reconstituted into a full fledged all purpose developmental financial institution with effect from 27th March, 1997 was renamed as
Which of the following are internal factors for sickness as per SICA Act?
1. Inappropriate management
2. Lack of marketing management
3. Lack of funds
4. Production constraints
5. Lack of Human Capital
Select the correct answer
Which of the following is/are the roles of rural entrepreneurship?
1. Decentralised industrial development, Better distribution of wealth and investment.
2. Reduction of poverty and unemployment.
3. Check on migration of rural population.
4. Creating funds for the industries in urban areas.
5. Helps capital formation.
6. Balanced regional development.
7. Promotion of artistic activities.
Arrange the following activities with regard to rehabilitation in industries.
1. Assessment of feasibility
2. Assessment of additional funds
3. Preparation of cash flow statements
4. Arrangement of funds with other creditors
5. Marketing arrangement
6. Arrangement for disposal of unwanted assets and recovery of over due debts
7. Arrangement with various financial institutions
8. Arrangement fir Management Performance
Which of the following statements are true?
1. Principles of entrepreneurship may be applied to business but not to government and society.
2. The criteria for small business are capital invested and not the type of business or number of workers.
3. Innovartion and entrepreneurship is written by Peter F. Drucker.
4. Kiran Mazumdar is one of the women entrepreneur in India.
Which of the following statements are correct?
1. The benefits of private control and common good are combined by cooperative banks.
2. The MUDRA scheme under SIDBI provides debts to SMEs and MSMEs for non-retail companies.
3. Coordination, infrastructure development and industrial and agricultural extension services are the main functions of SIDO.