Manonmaniam Sundaranar University New Venture Planning & Development Question Bank | Unit-wise MCQ, 5 Mark & 8 Mark Questions

ЁЯУШ New Venture Planning & Development – Unit-wise Question Bank
New Venture Planning & Development рокாроЯрод்родிро▒்роХாрой роЗрои்род Unit-wise Question Bank рооாрогро╡ро░்роХро│் Semester Exam рооро▒்ро▒ுроо் University Examination родропாро░ிрок்рокிро▒்роХு роЙродро╡ுроо் ро╡роХைропிро▓் родропாро░ிроХ்роХрок்рокроЯ்роЯுро│்ро│родு. роЗрои்род рокродிро╡ிро▓் 1 Mark MCQ, 5 Mark Questions, 8 Mark Essay Questions роЕройைрод்родுроо் Unit-wise рооுро▒ைропிро▓் ро╡ро┤роЩ்роХрок்рокроЯ்роЯுро│்ро│рой.
роЗрои்род Question Bank рооூро▓роо் рооாрогро╡ро░்роХро│்:
- Quick Revision роЪெроп்ропро▓ாроо்
- Important Theory Questions родропாро░ிроХ்роХро▓ாроо்
- Frequently Asked Questions роЕро▒ிрои்родுроХொро│்ро│ро▓ாроо்
- 8 Mark Answer Writing Practice роЪெроп்ропро▓ாроо்
- Exam Presentation рооேроо்рокроЯுрод்родро▓ாроо்
ЁЯУЪ Table of Contents
- UNIT 1 – Starting a New Venture
- UNIT 2 – Legal Challenges
- UNIT 3 – Search for Entrepreneurial Capital
- UNIT 4 – Marketing Aspects
- UNIT 5 – Business Plan Preparation
- Quick Revision Definitions
- FAQs
UNIT 1 – Starting a New Venture
роЗрои்род Unit-ро▓் Entrepreneurship Creativity, Franchising, Opportunity Identification рокோрой்ро▒ рооுроХ்роХிроп Concepts рокро▒்ро▒ி роХேро│்ро╡ிроХро│் роЕродிроХрооாроХ роХேроЯ்роХрок்рокроЯுроХிрой்ро▒рой.
1 Mark (MCQ)
-
Which of the following is NOT a source of innovative ideas?
a) Customer feedback b) Market research c) Depreciation d) R&D
Answer: c) -
Franchising is best described as:
a) Starting from scratch b) A licensing relationship between franchisor and franchisee c) A government scheme d) A type of patent
Answer: b) -
Entrepreneurial creativity is mainly linked to:
a) Capital b) Creative thinking and imagination c) Legal procedures d) Market share
Answer: b) -
Acquiring an established venture means:
a) Starting fresh b) Taking over an ongoing business c) Filing a patent d) Getting a franchise
Answer: b)
5 Mark
- What are the techniques for generating new ideas?
- Explain the advantages and disadvantages of acquiring an established venture.
- What is Franchising? How does a franchise work?
- What are the impediments to creativity in entrepreneurship?
8 Mark
- Explain the meaning and features of a New Venture. Describe the pathways available to entrepreneurs for creating new ventures.
- "Creativity and imagination are the foundation of entrepreneurship." Discuss with reference to developing creativity and overcoming impediments.
- Explain opportunity identification and the search for new ideas in detail.
UNIT 2 – Legal Challenges
роЗрои்род Unit Intellectual Property Rights (IPR), Patent, Trademark, Copyright рокோрой்ро▒ роЪроЯ்роЯ роЪாро░்рои்род Concepts-роР роЙро│்ро│роЯроХ்роХிропродு.
1 Mark (MCQ)
-
A Patent protects:
a) Brand name b) Invention/new process c) Literary work d) Trade secret
Answer: b) -
Copyright protects:
a) Inventions b) Logos c) Original creative works d) Business names
Answer: c) -
Trademark is represented by the symbol:
a) © b) ® or ™ c) § d) ℗
Answer: b) -
Which act governs companies in India?
a) Companies Act 2013 b) Patent Act 1999 c) FEMA d) GST Act
Answer: a)
5 Mark
- Distinguish between Patent, Trademark, and Copyright.
- Explain the procedure for filing a Patent in India.
- What are the legal forms of business organization in India?
8 Mark
- Explain Intellectual Property Protection in detail — Patents, Trademarks, and Copyrights with their requirements and filing procedures.
- What are the legal acts governing businesses in India? Explain the forms of organization and their compliance.
Patent, Trademark, Copyright роЖроХிропро╡ро▒்ро▒ிрой் Differences рооிроХро╡ுроо் рооுроХ்роХிропрооாройро╡ை. MCQ рооро▒்ро▒ுроо் 5 Mark Questions-ро▓் роХேроЯ்роХрок்рокроЯுроо் ро╡ாроп்рок்рокு роЕродிроХроо்.
UNIT 3 – Search for Entrepreneurial Capital ⭐
роЗрои்род Unit Venture Capital, Angel Investors, Startup India рокோрой்ро▒ Financing Concepts-роР ро╡ிро│роХ்роХுроХிро▒родு.
1 Mark (MCQ)
-
Venture Capital is provided to:
a) Established MNCs b) High-risk new ventures c) Government bodies d) Banks
Answer: b) -
Angel Investors are:
a) Banks b) Informal risk capital providers c) Government agencies d) Insurance companies
Answer: b) -
SFC stands for:
a) State Finance Commission b) State Financial Corporation c) Small Finance Company d) Startup Funding Council
Answer: b) -
"Startup India" scheme was launched in:
a) 2014 b) 2016 c) 2018 d) 2020
Answer: b) -
Business Incubators mainly help:
a) Large companies b) Early-stage startups c) Banks d) Exporters
Answer: b)
5 Mark
- Write a note on Angel Investors as informal risk capital.
- Explain the criteria for evaluating new-venture proposals by venture capitalists.
- Write a short note on Startup India and Stand Up India schemes.
- What are Business Incubators and Facilitators?
8 Mark ⭐⭐
- Explain the various alternate sources of financing available to Indian entrepreneurs including Bank Funding, SFCs, Angel Investors, and Government schemes.
- What is the Venture Capital Market? Explain the financing stages and how a venture capitalist evaluates proposals.
- Explain the Government Policy Packages and schemes (Startup India, Stand Up India, Make in India) for new ventures in India.
UNIT 4 – Marketing Aspects
Marketing Plan, Customer Analysis, Sales Forecasting рокோрой்ро▒ Concepts роЗрои்род Unit-ро▓் роЗроЯроо்рокெро▒ுроХிрой்ро▒рой.
1 Mark (MCQ)
-
A Marketing Plan begins with:
a) Pricing b) Customer Analysis c) Profit estimation d) Legal registration
Answer: b) -
Sales Forecasting helps in:
a) Hiring employees b) Predicting future sales volumes c) Filing taxes d) Obtaining patents
Answer: b) -
Geographical Analysis studies:
a) Company history b) Location-based market potential c) Employee performance d) Financial ratios
Answer: b) -
Competition Analysis involves:
a) Studying competitors' strengths and weaknesses b) Product design only c) Financial auditing d) Legal compliance
Answer: a)
5 Mark
- Explain Customer Analysis and Competition Analysis in marketing planning.
- What is Sales Forecasting? Why is it important for a new venture?
- Explain Pricing Decision for a new venture.
8 Mark
- Explain the steps involved in developing a comprehensive Marketing Plan for a new venture.
- Describe Customer, Geographical, Economical, Linguistic, Sales, and Competition Analysis in new venture marketing.
UNIT 5 – Business Plan Preparation ⭐⭐
Business Plan Preparation роОрой்рокродு Entrepreneurship рокாроЯрод்родிро▓் рооிроХро╡ுроо் Scoring Unit роЖроХுроо்.
1 Mark (MCQ)
-
Executive Summary in a business plan is:
a) The longest section b) A brief overview of the entire plan c) A financial statement d) A legal document
Answer: b) -
Harvest Strategy refers to:
a) Agricultural planning b) Exit strategy for investors c) Sales promotion d) Patent filing
Answer: b) -
Milestone Schedule in a business plan refers to:
a) Road map b) Key targets and timelines c) Employee list d) Marketing budget
Answer: b) -
Critical Risk section in a business plan:
a) Lists employees b) Identifies potential problems and risks c) Shows profit d) Describes location
Answer: b) -
A well-conceived business plan helps in:
a) Avoiding taxes b) Attracting investors and guiding operations c) Reducing workforce d) Filing trademarks
Answer: b)
5 Mark
- What are the pitfalls to avoid while preparing a business plan?
- Explain the benefits of a well-conceived business plan.
- Write a note on Executive Summary and Business Description as elements of a business plan.
8 Mark ⭐⭐
- What is a Business Plan? Explain all its elements in detail.
- Explain the concept of a Business Plan, its benefits, and the common pitfalls entrepreneurs must avoid while preparing one.
ЁЯУМ Quick Revision Definitions
| Term | Definition |
|---|---|
| New Venture | рокுродிропродாроХ родொроЯроЩ்роХрок்рокроЯுроо் Business Enterprise |
| Patent | Invention-роХ்роХு ро╡ро┤роЩ்роХрок்рокроЯுроо் Exclusive Right |
| Trademark | Brand-роР роЕроЯைропாро│рок்рокроЯுрод்родுроо் Symbol |
| Copyright | Creative Works-роХ்роХு ро╡ро┤роЩ்роХрок்рокроЯுроо் Protection |
| Angel Investor | Informal Risk Capital ро╡ро┤роЩ்роХுроо் Individual Investor |
| Venture Capital | High-risk Startup-роХро│ிро▓் рооுродро▓ீроЯு роЪெроп்ропрок்рокроЯுроо் Fund |
| Business Plan | Business Goals рооро▒்ро▒ுроо் Strategy рокро▒்ро▒ிроп Written Document |
❓ FAQs
1. роЗрои்род Question Bank Exam Preparation-роХ்роХு рокропрой்рокроЯுрооா?
роЖроо். роЗродு рооுроХ்роХிропрооாрой University Exam Topics роЕроЯிрок்рокроЯைропிро▓் родропாро░ிроХ்роХрок்рокроЯ்роЯுро│்ро│родு.
2. роОрои்род Unit роЕродிроХ рооுроХ்роХிропроо்?
Unit 3 рооро▒்ро▒ுроо் Unit 5 рооிроХро╡ுроо் рооுроХ்роХிропрооாрой Units роЖроХுроо்.
3. 8 Mark Answers роОрок்рокроЯி роОро┤ுрод ро╡ேрог்роЯுроо்?
Definition + Explanation + Example + Conclusion Format рокропрой்рокроЯுрод்род ро╡ேрог்роЯுроо்.
ЁЯОп Exam Tips
- Keywords-роР Underline роЪெроп்ропро╡ுроо்
- Headings рооро▒்ро▒ுроо் Subheadings рокропрой்рокроЯுрод்родро╡ுроо்
- Flowchart рооро▒்ро▒ுроо் Diagram роЪேро░்род்родாро▓் роХூроЯுродро▓் Marks роХிроЯைроХ்роХுроо்
- 8 Mark Answers-ро▓் Example роЪேро░்роХ்роХро╡ுроо்
ЁЯУв Disclaimer
роЗрои்род Question Bank роХро▓்ро╡ி рооро▒்ро▒ுроо் Revision роиோроХ்роХрод்родிро▒்роХாроХ роороЯ்роЯுроо் родропாро░ிроХ்роХрок்рокроЯ்роЯродு. Questions syllabus-oriented topics роЕроЯிрок்рокроЯைропிро▓் родொроХுроХ்роХрок்рокроЯ்роЯுро│்ро│рой. Official University Question Paper Pattern рооாро▒роХ்роХூроЯுроо். рооாрогро╡ро░்роХро│் Official Syllabus рооро▒்ро▒ுроо் Textbook-роР роХூроЯுродро▓் Reference роЖроХ рокропрой்рокроЯுрод்род ро╡ேрог்роЯுроо்.