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Friday, December 16, 2016

IGNOU CIE-03 ENTERPRISE CREATION AND LEGAL REQUIREMENTS Dec 2015 Question Paper

Indira Gandhi National Open University (IGNOU) Question Paper
CERTIFICATE IN ENTREPRENEURSHIP
Term-End Examination
December, 2015
CIE-03 : ENTERPRISE CREATION AND LEGAL REQUIREMENTS
Time : 2 hours Maximum Marks : 50
Note : (i) Answer any five questions.
(ii) All questions carry equal marks.
1. What is a "Limited Liability Company" ? Briefly discuss its advantages and disadvantages.
2. Discuss the different 'Financial Institutions' available for the financial support of the entrepreneurs.
3. What do you mean by 'Working Capital' ? Discuss the factors influencing the working capital requirements of an organisation.
4. What is 'Group Entrepreneurship' ? Explain the need for promotion of group entrepreneurship in
India. Discuss the different government schemes for funding Group Entrepreneurship.
5. What is 'Micro Finance? Discuss the modalities of getting loans through Micro Finance.
6. What is a 'Business Plan' ? Why is it needed ? What information does it consist ?
7. What is 'Break Even Point' ? How is it calculated ?
8. What is a 'Balance Sheet' ? Briefly, explain the components of a Balance Sheet.

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