Question Bank for the subject: Entrpreneurship and Start-Up management. This will be useful for Question Paper setters as well as students. Students will get an idea of their preparedness for the examination. They can practice the answers to these questions. The students will also get some real world exposure and they can search for answers not just from Internet sources but also from books, business journals and research papers.

1. ENTREPRENEURSHIP & START-UP
MANAGEMENT
QUESTION BANK
G VENKATESH

2. MODULE 1
• DISCUSS THE EVOLUTION AND REVOLUTION OF ENTREPRENEURSHIP.
• ENTREPRENEURS ARE BORN & NOT MADE. DISCUSS THIS STATEMENT.
• HOW CAN ENTREPRENEURSHIP BE CONSIDERED AS AN ECONOMIC FUNCTION?
• DISCUSS HOW ENTREPRENEURSHIP CAN CONTRIBUTE TO ECONOMIC AND
SOCIAL DEVELOPMENT OF A NATION.
• STORY TELLING IS THE KEY TO BUILDING A STRONG START UP BRAND. DISCUSS
THIS STATEMENT CITING EXAMPLES OF A START UP THAT HAS SUCCESSFULLY
USED STORY TELLING.

3. MODULE 1 (CONT’D)
• WRITE A SHORT NOTE ON TRAIT BASED THEORY. EXPLAIN ITS RELEVANCE TO
ENTREPRENEURSHIP.
• DISCUSS THE MYTHS & REALITIES OF ENTREPRENEURSHIP.
• DISCUSS THE VARIOUS TYPES OF ENTREPRENEURS HIGHLIGHTING THE SUBTLE
DIFFERENCES BETWEEN THEM.
• HOW HAS THE INDIAN GOVERNMENT SUPPORTED ENTREPRENEURSHIP?
• DISTINGUISH BETWEEN ENTREPRENEUR AND INTRAPRENEUR.
• GIVE EXAMPLES OF AT LEAST TWO INDIAN INTRAPRENEURS AND THEIR VALUE
ADDITION TO THE ORGANIZATION.

4. MODULE 1 (CONT’D)
• HIGHLIGHT THE ENTREPRENEURIAL COMPETENCIES NEEDED FOR A SUCCESSFUL
START UP.
• DESCRIBE THE ESSENTIAL CHARACTERISTICS AN ENTREPRENEUR SHOULD
POSSESS.
• DESCRIBE THE SUCCESS STORY OF A START-UP IN INDIA. YOUR ANSWER MUST
HIGHTLIGHT THE BUSINESS MODEL OF THE START-UP, CHALLENGES FACED BY
THE START UP AND HOW THE START UP ACHIEVED SUCCESS.
• TODAY, ENTREPRENEURSHIP & TECHNOLOGICAL ADVANCES ARE INTRICATELY
LINKED TO ONE ANOTHER. DISCUSS THIS STATEMENT GIVING SUITABLE
EXAMPLES.

5. MODULE 1 (CONT’D)
• DESCRIBE THE PROBLEMS/ CHALLENGES FACED BY START-UPS IN INDIA? WHAT
ARE THE SOLUTIONS THAT YOU WOULD PROPOSE TO ADDRESS THEM?
• BRING OUT THE DIFFERENCES BETWEEN TRUSTEES AND ENTREPRENEURS.
• HOW IS SOCIAL ENTREPRENEURSHIP DIFFERENT FROM ENTREPRENEURSHIP?
• ENTREPRENEURS NEED A HIGHER DEGREE OF EMOTIONAL INTELLIGENCE.
DISCUSS THIS STATEMENT GIVING SUITABLE EXAMPLES.

6. MODULE 2
• THE REGULATORY LANDSCAPE IN INDIA IS NOW SKEWED IN FAVOR OF
ENTREPRENEURS. DISCUSS THIS STATEMENT GIVING SUITABLE EXAMPLES.
• ENUMERATE THE VARIOUS PROCESSES THAT CHARACTERISE THE SETTING UP OF
AN ENTREPRENEURIAL VENTURE.
• DISCUSS THE HARVESTING AND EXIT STRATEGIES AVAILABLE TO AN
ENTREPRENEUR.
• AN ENTREPRENEUR SHOULD KNOW WHEN TO EXIT HIS BUSINESS. DISCUSS THE
RELEVANCE OF THIS STATEMENT.
• DISCUSS THE VARIOUS GROWTH STRATEGIES THAT AN ENTREPRENEUR CAN
PURSUE.

7. MODULE 2 (CONT’D)
• ACHIEVING SCALE AND SUSTAINABILITY ARE THE HALLMARKS OF
ENTREPRENEURSHIP. DISCUSS.
• TRACE THE IMPORTANCE OF IDEATION STAGE IN ENTREPRENEURSHIP.
• DISCUSS THE SALIENT ASPECTS OF THE SCAMPER MODEL.
• AN IDEA HAS TO BE TECHNICALLY VIABLE AND COMMERCIALLY FEASIBLE TO
ACHIEVE SUCCESS. DO YOU AGREE WITH THIS STATEMENT?
• EFFECTIVE RESOURCE UTILIZATION CAN MAKE THE DIFFERENCE BETWEEN SUCCESS
AND FAILURE OF AN ENTERPRISE. GIVING SUITABLE EXAMPLES, DISCUSS THIS
STATEMENT.
• HOW CAN A START-UP DEVELOP ITS BUSINESS MODEL? GIVE AN EXAMPLE OF A
SUCCESSFUL START-UP AND ITS BUSINESS MODEL.

8. MODULE 3
• DRAW UP THE BUSINESS PLAN FOR A START UP THAT PLANS TO ENTER THE FOOD DELIVERY
SERVICES.
• HOW ARE ANGEL INVESTORS DIFFERENT FROM VENTURE CAPITALISTS?
• EXPLAIN THE CONTENTS OF A BUSINESS PLAN.
• DISCUSS THE RELEVANCE OF A BUSINESS PLAN FOR AN ENTREPRENEUR.
• WRITE SHORT NOTES ON :
• FUNDING PLAN
• OPERATIONAL PLAN
• FINANCIAL PLAN
• MARKET PLAN

9. MODULE 3 (CONT’D)
• HIGHLIGHT THE IMPORTANCE OF A FEASIBILITY STUDY.
• DISCUSS THE VARIOUS ELEMENTS OF A FEASIBILITY STUDY REPORT.
• WHAT ARE THE OBJECTIVES OF A FEASIBILITY STUDY?
• YOU HAVE TO PREPARE A BUSINESS PLAN TO PRESENT IT TO POTENTIAL INVESTORS.
ASSUME THAT YOU HAVE PLANS TO INVEST IN A E-COMMERCE VENTURE TO SUPPLY
FRESH FRUITS AND VEGETABLES.
• WHY HAS ENVIRONMENTAL FEASIBILITY OF A BUSINESS ASSUMED GREATER
SIGNIFICANCE TODAY?
• EXPLAIN THE ESSENTIAL ASPECTS OF A MARKET FEASIBILITY STUDY.

10. MODULE 4
• WHY WAS 2016 LANDMARK YEAR FOR ENTREPRENEURSHIP IN INDIA ?
• DESCRIBE THE VARIOUS SOURCES OF FINANCE FOR AN ENTREPRENEUR.
• OUTLINE THE ROLES OF SIDBI & SISI IN SUPPORTING ENTREPRENEURSHIP IN
INDIA.
• DISCUSS THE ROLE PLAYED BY NABARD IN SUPPORTING ENTREPRENEURSHIP IN
RURAL AREAS.
• EXPLAIN THE FUNCTIONS OF TECHNOLOGY BUSINESS INCUBATORS.
• HOW DO INCUBATION CENTERS SUPPORT ENTREPRENEURS?

11. MODULE 4 (CONT’D)
• EXPLAIN THE ROLE OF MAKERS LABS IN SUPPORTING ENTREPRENEURS IN INDIA.
• VENTURE CAPITALISTS PLAY A CRUCIAL ROLE IN THE GROWTH AND
DEVELOPMENT OF ENTREPRENEURSHIP. DISCUSS THIS STATEMENT WITH
SUITABLE DETAILS.
• HIGHLIGHT THE SALIENT ASPECTS OF START UP INDIA SCHEME AND STAND UP
INDIA SCHEME.
• DESCRIBE THE KEY FEATURES OF THE MUDHRA SCHEME OF THE INDIAN
GOVERNMENT.
• WRITE A SHORT NOTE ON “MAKE IN INDIA”. DO YOU THINK THIS INITIATIVE WILL
GIVE A STRONG IMPETUS TO INDIA AS A MANUFACTURING HUB?

12. MODULE 4 (CONT’D)
• BRIEFLY HIGHLIGHT THE ROLE PLAYED BY STATE AGENCIES TO SUPPORT
ENTREPRENEURSHIP IN INDIA – DIC, CEDOK, KIADB, KSFC.
• WHAT ROLE DOES EDI PLAY IN STIMULATING THE GROWTH OF
ENTREPRENEURSHIP IN INDIA?
• OUTLINE THE ROLE PLAYED BY RUDSET1 IN FOSTERING SUPPORT FOR THE
GROWTH OF ENTREPRENEURSHIP IN INDIA.
• THE GOVERNMENT CANNOT FACILITATE GROWTH OF ENTREPRENEURS. DO YOU
AGREE WITH THIS STATEMENT? JUSTIFY YOUR ANSWER. ADD A NOTE ON STEPS
REQUIRED TO PROMOTE THE GROWTH OF ENTREPRENEURSHIP IN OUR
COUNTRY.

13. MODULE 5
• DO A SWOT ANALYSIS OF A SUCCESFUL ENTREPRENEUR WHOM YOU KNOW.
• DISCUSS REASONS FOR FAILURE OF ENTREPRENEURSHIP VENTURES.WHAT
LESSONS CAN WE LEARN FROM SUCH FAILURES?
• LACK OF AMBITION AND OVER AMBITION CAN LEAD TO FAILURE OF AN
ENTREPRENEUR. DISCUSS THIS STATEMENT GIVING SUITABLE EXAMPLES.
• WHY IS STORY TELLING ESSENTIAL FOR NEW VENTURES?
• IDENTIFY FIVE BUSINESS IDEAS AND PREPARE BUSINESS PLANS FOR THOSE.
• WRITE A SHORT NOTE ON “A VIABLE BUSINESS OPPORTUNITY”.

14. MODULE 5 (CONT’D)
• DRAW A MARKET FEASIBILITY PLAN FOR A COMPANY OF YOUR CHOICE.
• PROVIDE DETAILS OF TWO CASES WHERE THERE WAS A TURNAROUND OF A
FAILED ENTERPRISE.
• IDENTIFY ANY TWO INDIANS WHO PLAY THE ROLE OF VENTURE CAPITALISTS
AND SUPPORT ENTREPRENEURSHIP. GIVE DETAILS OF THEIR VENTURES.
• DISCUSS THE IMPORTANCE & RELEVANCE OF BUSINESS ETHICS.
• IDENTIFY EMERGING ETHICAL ISSUES IN ENTREPRENEURSHIP. HOW HAS
GLOBALIZATION INFLUENCED THESE DEVELOPMENTS?

15. MODULE 5 (CONT’D)
• DELINEATE THE RELATIONSHIP BETWEEN ETHICAL DECISION MAKING AND
CORPORATE GOVERNANCE.
• DISCUSS THE CHARACTERISTICS OF ETHICS AS A DIMENSION OF SOCIAL
RESPONSIBILITY.
• DISCUSS THE FORMALITIES FOR SETTING UP A NEW VENTURE.
• OUTLINE THE LEGAL ASPECTS INVOLVED IN SETTING UP A NEW VENTURE.

16. MODULE 6
• DISCUSS THE FEATURES OF SOCIAL ENTREPRENEURSHIP. HOW IS SOCIAL
ENTREPRENEURSHIP DIFFERENT FROM TRADITIONAL FORMS?
• IDENTIFY THE TRAITS OF NEXT GEN ENTERPRISES.
• WHAT LESSONS CAN WE LEARN FROM SUCCESSFUL WOMEN ENTREPRENEURS?
• PROFILE A SUCCESSFUL INDIAN WOMAN ENTREPRENEUR.
• DESCRIBE THE CHALLENGES FACED BY WOMAN ENTREPRENEURS.
• DESCRIBE THE SUCCESS STORY OF ANY START UP IN INDIA.

17. MODULE 6 (CONT’D)
• WHAT ARE THE CRITICAL SUCCESS FACTORS FOR FAMILY BUSINESSES?
• WHAT IS UNIQUE ABOUT FAMILY BUSINESSES IN INDIA?
• IDENTIFY A SUCCESSFUL FAMILY BUSINESS IN INDIA AND ANALYZE THE REASONS
FOR ITS SUCCESS.
• WRITE SHORT NOTES ON
• DESIGN THINKING
• PROBLEM MAPPING
• EFFECTUATION THEORY

18. MODULE 6 (CONT’D)
• HOW CAN ONE ACHIEVE ENTREPRENEURIAL LEADERSHIP IN THE NEW MILLENIUM?
ILLUSTRATE YOUR ANSWER WITH RELEVANT EXAMPLES.
• IF YOU HAVE ASPIRATIONS TO BECOME AN ENTREPRENEUR, WHICH SECTOR WILL
YOU CHOOSE – MANUFACTURING OR SERVICES? JUSTIFY YOUR ANSWER.
PREPARE A BUSINESS PLAN FOR THE IDEA THAT YOU PROPOSE.
• DESCRIBE THE CHALLENGES FACED BY START-UPS IN INDIA.