Q.1. Mr. Raj is already to start a new venture in the market for which he requires funding. But the investors want to have a proper feasibility study of the venture before funding it. What must Raj present for the same (give detailed explanation for the same) and why?
Ans:
Introduction:
Beginning a new venture needs much effort, devotion, and sources. Among the most crucial sources required for starting a new venture is funding. Investors often need proper usefulness research before moseying a unique experience.
Concepts and Applications:
Executive Summary: The exec recap is a short overview of the feasibility research, including the business concept, target market, and financial projections. It must highlight the research study’s vital searching’s for and encourage financiers to fund the venture. Instance: Mr. Raj is preparing to begin a dining establishment business in a growing neighborhood, targeting young professionals and households.
Market Research:
Marketing research is a crucial component of an expediency study. It involves gathering and analyzing data concerning the marketplace, consumers, and rivals. Mr. Raj must offer the following for market research:
Market size and growth rate: Mr. Raj must supply information on the market size and development rate he is preparing to enter. This will assist capitalists in recognizing the capacity of the market.
Conclusion:
To conclude, Mr. Raj must offer comprehensive feasibility research to the financiers before moseying his new endeavor. Proper feasibility research will assist financiers in comprehending the new venture’s capacity and making a notified decision about financing. The usefulness research study should include market research, financial projections, and marketing techniques.
Q2. In India and worldwide the term entrepreneurs are now categorized further categorized as “women entrepreneurs” as well. What is the role of the Indian government to aid encourage “women entrepreneurship”?
Ans:
Introduction:
Entrepreneurship produces and takes care of a new organizational endeavor to generate earnings. In recent times, the concept of ladies’ entrepreneurship has gained momentum worldwide. Women business owners have made considerable contributions to the economy in various fields.
Concepts and Applications:
The Indian government has taken several steps to motivate women’s entrepreneurship. A few of these efforts consist of the following:
Financial support: The government has introduced various systems to help female business owners monetarily. These systems include the Annapurna, Mahila Udyam Nidhi, and Stree Shakti Bundle for Women Business Owners. These systems offer ladies entrepreneur’s monetary assistance through aid, grants, and car loans.
Skill development: The government has launched several programs to develop the business skills of females. These programs give training and support on numerous facets of beginning and running a business. A few of these programs include the Entrepreneurship Advancement Program for Women, the Ladies Entrepreneurship Platform, and Mahila Coir Yojana.
Conclusion:
The Indian government has taken several steps to urge and sustain female entrepreneurship. These efforts include financial support, ability development, lawful assistance, networking possibilities, and acknowledgment and awards. With sustained initiatives, women entrepreneurs can significantly add to the Indian economy and produce an extra equitable and comprehensive culture.
Q3. Apar Institute is an institute that conducts entrepreneurship development programmes at the outskirts of Delhi. The institute was formed 2 years ago and was facing difficulties in providing quality training to the prospective entrepreneurs. There were a slew of problems related to the institute for budding entrepreneurs.
Firstly, the institute was located at a remote location which was arduous for people to locate. Even if someone located the institute, it was difficult to commute from home to the institution as it was located far from the city. The institute lacked proper training infrastructure such as mic, overhead projector, furniture etc.
Even the faculty appointed by institute showed a lackadaisical attitude and did not take a keen interest in teaching. The method of selecting the candidates was also flawed as there was no prior aptitude test or scrutiny. Whosesoever came to get enrolled for the programme was given admission. It was assumed that the candidate would already possess the required aptitude skills.
The course and curriculum did not cover the basic aspects of entrepreneurship development programme such as educating about institutes providing support, which financial institutes to approach for funds, performing feasibility studies, etc. The duration of the programme was very short. The programme lasted for 21 days, which was very less considering the quantum of time required. Even after completion of the program, there was no evaluation performed to check how many candidates have established their own enterprise and how it is being run.
The institute owner decided to change the way the institute is functioning. The owner emulated a government-run institute in an urban area and incorporated the required changes. Firstly, the institute decided to appoint more enthusiast and motivated trainers to Impart education. The infrastructure of the institute was revamped and replaced with quality equipment. The institute even conducted online classes for candidates who could not commute to the institute. The course and curriculum were aligned with the fundamentals of the entrepreneurship development programme. At last, a thorough evaluation was done for each candidate who was enrolled in the programme. At last, a thorough evaluation was done for each candidate who was enrolled in the programme to gauge how much the program benefited the candidate.
What infrastructure did the institute lack?
Ans:
Introduction:
The Apar Institute is a center for establishing business undertakings that might be found on the outskirts of Delhi. The college had a lot of problems regarding its facilities, its professors, and its educational program.
Concept & Application:
The Apar Institute needed the training framework, including microphones, overhead projectors, and furniture. Because of this, it took much work for the instructors to deliver their talks, and it was likewise tricky for the students to focus on the training sessions. On top of that, the institute was located in a far-off location, making it difficult for individuals to locate the facility’s place. Even if one were to find the institute, as a result of its remote place, it was challenging to take a trip there from one’s home because it was, up until now, far from the local city.
Conclusion:
One of the most substantial contributors to the Apar Institute’s inefficient operation was its need for the necessary physical centers. The institute’s owner recognized the value of having enough facilities and refurbished such centers to enhance the total effectiveness of the institute’s operations.
Summarise what all was missing in the programme curriculum.
Ans:
Introduction:
Apar Institute needed aid in providing top-quality training to possible business owners. The obstacles included:
A remote place.
Absence of framework.
Indifferent professors.
Flawed option process.
Concepts and Applications:
The following are the definite imperfections in the entrepreneurship advancement program curriculum at Apar Institute:
1. Inadequate selection process: Whosoever came to obtain enlisted for the program was given admission, assuming the candidate already possessed the needed aptitude skills. This approach resulted in signing up candidates who were not necessarily fit for the program.
Insufficient infrastructure: The institute needed a correct training framework, such as microphones, overhead projectors, furniture, etc. This resulted in low-grade training and influenced the knowing experience of the prospects.
Conclusion:
Apar Institute dealt with numerous difficulties in giving quality training to potential entrepreneurs. The drawbacks in the entrepreneurship development program curriculum were significant and needed to be resolved to satisfy the requirements of the students.
Dr. Aravind Banakar prepares two types of Assignments. General assignments & Customized assignments. Both assignments are 100 % Plagiarism-free.
Dr. Aravind Banakar is the number 1 NMIMS Academic Writing Professional. He is a highly experienced academic professional and a reputable and reliable academic content writer with over 24 years of experience. You can obtain ready-made, customized, plagiarism-free MBA, BBA, EMBA, and B.Com assignments.
Important Notice for NMIMS Assignments:
To ensure your NMIMS assignments meet the university’s standards, The NMIMS Assignments must be 100% customized, plagiarism-free, and unique.
Copying from Google, AI tools, blogs, books, or any other sources is strictly prohibited, and if you copy answers, you will get ZERO marks.
Before purchasing assignments from any academic writer, always demand the following verification:
Remember, these reports are not just a formality. They are your shield against ZERO marks. Take charge of your grades by ensuring your work is original and meets NMIMS standards.
Dr. Banakar leads a team of over 100 PhD-qualified professionals dedicated to creating high-quality, plagiarism-free assignments tailored to meet the exact standards and requirements of NMIMS. With a proven track record, students who have used his services often score 25+ marks out of 30, highlighting the level of detail, precision, and thorough research into every assignment. This emphasis on research instills confidence in the quality of the work.
