SMALL BUSINESS MANAGEMENT IMPORTANT QUESTIONS
Important Question for Upcoming Exams
Unit – 1: Introduction to Small Business
Enterprises
Q. Define a Small Enterprise in Indian
Context. What are various types of micro and small enterprises? 2015, 2017,
2019
Q. What are the characteristics of small
business enterprises? Explain
the role (rationale) of small
enterprises in the development of a nation. 2014,
2016, 2018, 2019, 2019SN
Q. Examine the problems faced by the
small scale industries in North-East India and suggest measures for their
solution. 2014
Q. Define a Micro Enterprise in Indian
Context. What are its characteristics? Write the rationale behind Micro
Enterprises.
Q. Write a brief note on features of
Micro, Small and Medium Enterprises Development Act, 2006. 2016
Q. Explain the Industrial Policy of
the government of India towards promotion and management of Micro and Small
Enterprises in North East India. 2015,
2018
Q. Explain the relationship and
difference between Large and Small Enterprises 2017
Unit – 2: Plant Location and Plant Layout
Q. What do you mean by Plant Location?
What is the importance of Plant Location for a small enterprise? Point out the
important factors which an entrepreneur should consider to determine the plant
location of a plant. 2015, 2017
Q. What is Plant Layout? What is the
importance of Plant Layout? Explain the factors that influence the plant
layout. Point out the major objectives of Plant Layout. 2016
Q. What are various stages in new
product development process? 2018,
2019
Q. What is Quality Control? Mention
its objectives. Discuss its importance and point out its major advantages. 2016,
Q. What are various quality control
methods? Explain them briefly. 2018,
2019, 2019SN
Q. What is technical know-how? What is
its importance? Write a brief note on government initiatives for technological
up-gradation of small manufacturing enterprises. 2015, 2017
Q. What is Production Planning and
Control? What are its objectives? Point out various stages in Production
Planning and Control.
Unit – 3: Financial Management
Q. What is Working Capital? What are
its importance? Explain its role in Small Business Enterprise. 2015
Q. What are various types of Working
Capital? Point Out the various factors that influence the size of working
capital. 2014, 2016, 2018, 2019
Q. Explain the various sources of
working capital of Small business enterprises. 2014,
2016, 2018, 2019SN
Q. What is fixed capital? Explain the
various sources of fixed capital of Small business enterprises. 2017, 2019
Q. Discuss the various financial
requirements in a small-scale enterprises. 2015,
2017
Q. Write short notes on: NEFDi, SIDBI,
National Small Industries Corporation, Gross working Capital Vs. Net working
Capital, Operating Cycle
Unit 4:
Marketing Management (Two Questions expected from this chapter)
Part A (One Question)
Q. Define Marketing. Discuss the
marketing problems faced by the small and micro enterprises in India. 2015, 2017
Q. What is marketing mix? Explain 4
p’s of marketing.
Q.
What is Marketing Segmentation? Explain the significance of market segmentation
for small-scale enterprises. 2016, 2019SN
Q.
What is packaging? Explain the role and functions of packaging? 2018, 2019
Q.What is pricing? Discuss the factors
influencing the pricing decision in a small business enterprises. 2014, 2018
Part B (One Question)
Q. What do you mean by channels of
distribution? Explain the different types of channels used by the small
business enterprises for various products including ancillarization. 2016, 2018
Q.
What do you mean by marketing management? Discuss its functions. 2018, 2019
Q. What is Sales Promotion? What are
its various types? Distinguish between salesmanship and advertising.
Q. What is advertising? Explain its
significance and limitations. 2017
Q. What is meant by market assessment?
Why is it needed for small-scale enterprises? What are the common methods used
for market assessment? 2015
Q. What is Marketing Information
System? What are its components? Explain its functions and advantages.
Q. Write short notes on: Market
Research and Brand vs. Trade mark.
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