Entrepreneurial development


Question 1: As a new entrepreneur, how would you assess the need of finance? Give detailed account with figures.

Question 2: What do you mean by the term working capital? Differentiate between Gross working capital and Net working capital.

Question 3: Describe the requirement for and importance of sufficient working capital in the successful functioning of the small-scale enterprises.

Question 4: How will you estimate the quantity of working capital needed for a new small business firm?

Question 5: Describe the sources of working capital finance for a small firm.

Question 6: You are an entrepreneur planning to set a small-scale unit catering to daily provision requirements of a large housing complex. How would you evaluate your working capital needs and wherefrom such needs be met?

Question 7: Describe the key elements of managing effectively the working capital of the small-scale industries.

Question 8: Explain and differentiate the terms creativity and innovation. Explain in detail the need of these to an entrepreneur.

Question 9: Write a descriptive note on the creativity as intelligence.

Question 10: Describe different aspects of the environment for creativity and innovation.

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Business Management: Entrepreneurial development
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