IGNOU MTTM 8 SOLVED ASSIGNMENT 2021-22

 

MTTM-8: MANAGING ENTREPRENEURSHIP AND SMALL BUSINESS IN TOURISM SOLVEDASSIGNMENT 2021-22

Course Code: MTTM 8/MTM-8             Programme: MTTM/MTM

Total Marks: 100                       Assignment Code: MTTM 8/ MTM-8/ TMA/2021

Note: This TMA consists of ten questions, out of which you have to attempt any five. The question carries 20 marks each and should be answered in about 500 words. Send your TMA to the Coordinator of your Study Centre.

1. Explain in detail the stages of Product Design. What factors influence the choice of technology in establishing a new business?  

2. What do you mean by entrepreneurial competencies? Explain the steps for developing entrepreneurial competencies?  

3. What is a Small Scale Enterprise (SSE)? Discuss the role of entrepreneurship in SSE and economic development.

4. Discuss the need for financial planning in small scale enterprises. Explain the types of loansin Indian perspective for such small scale businesses.  

5. Define family business. Discuss the management control mechanisms in family business.

6. Differentiate between selling and marketing orientation? Explain in detail the market demand analysis.  

7. What is SWOT analysis? Explain its importance in entrepreneurship.

8. Explain Human Resource Planning. Discuss in detail the need for training and development.  

9. Discuss in detail the forms of a business organization. Discuss the characteristics of a Company.  

10. Discuss the stages of growth for a small enterprise. Explain various Growth Strategies.

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