NIOS Free Solved Assignment [TMA] 2022 – 2023
Entrepreneurship 249 Free Solved Assignment [TMA] 2022 – 23
Tutor Marked Assignment
Senior Secondary
Max. Marks: 20
In this article, you will get Entrepreneurship 249 Free Solved Assignment 2022 – 23. You will solved assignment of other subjects in our page nios solved assignment 202-23.
Note:
(i) All questions are compulsory. The Marks allotted for each question are given beside the questions.
(ii) Write your name, enrollment numbers, AI name, and subject on the first page of the answer sheet.
1. Answer any one of the following questions in about 40-60 words. 2
(a) Discuss with your friend, and chalk out the managerial Functions of an Entrepreneur?(See Lesson-2)
Ans: An entrepreneur has to organize men, material and other resources. He has to perform the functions of planning, co-ordination and control. He has to use his leadership qualities to build a team, generate resources and solve problems. With his organizational skills an entrepreneur builds an enterprise from scratch, nurtures it and makes it grow. His vision sows the seeds for a sound and vibrant organization and synergies are built in the enterprise.
According to Kilby in a developing country even the imitator entrepreneurs are very important and the entrepreneurial role encompasses the following:
a) Perception of market opportunities
b) Gaining command over scarce resources
c) Purchasing inputs
d) Marketing the products
e) Dealing with bureaucrats
f) Managing human relations within the firm
g) Managing customer and supplier relations
h) Managing finance
i) Managing production
(b) Write a short note on ‘Ekal Vidyalaya’. (See lesson-6)
Ans: Answer anyone question
2. Answer any one of the following questions in about 40-60 words. 2
(a) ‘Accountability and Commitment are the characteristics of a successful Entrepreneur’. Justify the statement. (See lesson-9)
Ans: An entrepreneur has many traits and qualities. Out of these Accountability and commitment is more important.
Accountability: Successful entrepreneurs are always responsible and accountable for his actions and decisions in the business.
Commitment to work: Successful entrepreneurs do every sacrifice to get the task completed. They put highest priority for accomplishing their objective. They are committed to their work. They also express a concern for satisfying their customers.
(b) Write a short note on Idea generation and its importance. (See lesson-10)
Ans: Answer anyone question
3. Answer any one of the following questions in about 40-60 words. 2
(a) Discuss the various schemes available for SC/ST entrepreneurs. (See lesson-15)
Ans: Various schemes available for SC/ST Entrepreneurs
Stand-Up India Scheme:The Stand-Up India scheme is based on recognition of the challenges faced by SC, ST and women entrepreneurs in setting up enterprises, obtaining loans and other support needed from time to time for succeeding in business. The scheme therefore endeavors to create an eco-system which facilitates and continues to provide a supportive environment for doing business.
National Scheduled Tribe Finance and Development Corporation (NSTFDC): NSFDC stands for National Scheduled Castes Finance and Development Corporation. It was set up by the Government of India under Ministry of Social Justice & Empowerment (MOSJ&E) with the sole aim of economic Upliftment of the Scheduled Tribes in the country by way of extending concessional financial assistance.
National Backward Classes Finance and Development Corporation (NBCFDC): NBCFDC is a Government of India undertaking under the aegis of the Ministry of Social Justice and Empowerment was incorporate on 13 January 1992 as a nonprofit company to improve and develop the economic activities for the members of Backward Classes who are living below double the poverty line.
(b) Discuss with your friend, and identify a business that you both would like to do. Identify any two
e-resources available for it in India. (See lesson-17)
Ans: Answer anyone question
4. Answer any one of the following questions in about 100 to 150 words. 4
(a) Read about successful entrepreneurs, and list out the functions of an entrepreneur. (See lesson-2)
Ans: Functions of an Entrepreneur:
An entrepreneur frequently has to wear many hats. He has to perceive opportunity, plan, organize resources, and oversee production, marketing, and liaison with officials. Most importantly he has to innovate and bear risk. The main functions of an entrepreneur are as follows:
1. Innovation: Innovation is one of the most important functions of an entrepreneur according to Schumpeter. An entrepreneur uses information, knowledge and intuition to come up with new products, new methods of reducing costs of a product, improvement in design or function of a product, discovering new markets or new ways of organization of industry. Through innovation, an entrepreneur converts a material into a resource or combines existing resources into new and more productive configurations. It is the creativity of an entrepreneur that results in invention [creation of new knowledge] and innovation [application of knowledge to create new products, services or processes.] Systematic innovation means monitoring the following for innovative opportunity:
Ø The unexpected success or failure or any unexpected outside event, (e.g. when the IT bubble burst the ITES sector started growing.)
Ø Innovation based on process need [e.g. plate based cameras, film based cameras, digital cameras]
Ø Changes in industry and market structure [e.g. video cassette VCD, DVD, Blue ray disc]
Ø Demographics changes (e.g. increasing number of working women and nuclear families in most metropolitan cities)
Ø New knowledge (e.g. Pentium chip)
2. Risk and uncertainty bearing: According to Hozelist an entrepreneur performs the function of risk and uncertainty bearing. Every decision pertaining to development of new products, adapting new technologies, opening up new markets involves risk. Decision-making in an environment of uncertainty requires anticipation of risk. Profit is said to be the reward for anticipating and taking such risks. However, it is pertinent to mention that the entrepreneur is not a gambler, he only takes calculated risks. An entrepreneur develops the art of decision making under conditions of uncertainty as a matter of survival.
3. Organization building: An entrepreneur has to organize men, material and other resources. He has to perform the functions of planning, co-ordination and control. He has to use his leadership qualities to build a team, generate resources and solve problems. With his organizational skills an entrepreneur builds an enterprise from scratch, nurtures it and makes it grow. His vision sows the seeds for a sound and vibrant organization and synergies are built in the enterprise.
(b) Talk to three successful entrepreneurs, and identify the characteristics of a successful entrepreneur. (See lesson-9)
Ans: Answer anyone question
5. Answer any one of the following questions in about 100 to 150 words. 4
(a) Social entrepreneurs are different from traditional / commercial entrepreneurs. Distinguish between the two. (See lesson-6)
Ans: Answer anyone question
(b) Describe the functions carried out by ‘National Schedule Castes/Schedule Tribes Hub’. (See lesson-15)
Ans: The National SC/ST Hub is an initiative of the Government of India targeted towards developing a supportive ecosystem towards SC/ST entrepreneurs. Some of the important functions of this organisation is given below:
1. The National SC/ST Hub (NSSH) would provide professional support to the SC/ST enterprises thereby enabling them to effectively participate in public procurement process.
2. The Hub would also work towards the development of new entrepreneurs to participate in procurement process leveraging on the ‘Stand up India’ programme. Selected entrepreneurs would be provided with support and mentoring by industry experts, CPSEs, and incubators.
3. NSSH provide technical and financial assistance to the new entrepreneurs and also existing entrepreneurs.
4. NSSH creates an ecosystem for the MSMEs for overall growth of the enterprises and also looks after the need of these enterprises.
6. Prepare any one project out of the given below: 6
(a) Interview at least five entrepreneurs, and identify from where they have acquired licenses for their business. (See lesson-18)
Ans: Answer anyone question
(b) Government organisations have made the availability of e-resources easier by consolidating the required information for entrepreneurs through websites or mobile applications. Go through the following websites and prepare a report:
(i) Skill India Portal.
(ii) Startup India.
(iii) SIDBI Udyamimitra.
(iv) KVIC-PMEGP e-Portal.
(v) SIDBI Standupmitra.
Ans: Full Solution is available in our mobile application for free.
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