Q1. What do you understand by Small Scale Industries? Discuss the role of Small-Scale enterprises in the economic development.

Q2. Explain how an entrepreneur identifies a business opportunity. What kind of opportunities you can identify for entrepreneurship in tourism?

Q3. Define market orientation. Explain the key elements that need to be analysed to determine market demand.

Q4. Discuss in detail the general factors that must be considered while selecting a suitable location for a business.

Q5. What do you understand by Business Plan? Discuss the importance of a business plan in the small enterprise.

Q6. Write short notes on any two of the following:

• a)) Fixed Cost (250 words)
• b)) Variable Cost (250 words)
• c)) Break-Even Point (250 words)

Q7. What is meant by a company? Explain the main characteristics of a company as a form of business organisation.

Q8. Explain the important issues related to financial management in small enterprises.

Q9. What is mean by Human Resource Planning? Discuss the importance of training and development in a small entrepreneurial firm.

Q10. What is meant by family business? Discuss the positive and negative aspects of family business.