BB0028 – Entrepreneurship Development

Dear students get fully solved assignments Send your semester & Specialization name to our mail id : “ help.mbaassignments@gmail.com ” or Call us at : 08263069601 (Prefer mailing. Call in emergency ) SUMMER 2016 Bachelor of Business Administration-BBA Semester 6 BB0028 – Entrepreneurship Development- 4 Credits (Book ID: B0157) Assignment Set- 2 (60 Marks) Note: Each question carries 10 Marks. Answer all the questions. Q1. Write a note on types of Entrepreneurs as classified by Danhof.

Ans. On the basis of nature Clarence Danhof classified entrepreneurs into four categories. These are –

 (i) Innovating entrepreneur: An innovative entrepreneur in one, who introduces new goods, inaugurates new method of production, discovers new market and recognizes the enterprise. It is important to note that such entrepreneurs can work only when a certain level of development is already achieved and people look forward to change and improvement. Innovative entrepreneurs are generally aggressive and possess the art of cleverly putting the attractive possibilities into practice. An innovating entrepreneur is one who introduces new goods, inaugurates new methods of production, discovers new market and re-organize

Q6. Digital is a leading laptop manufacturing company. It decides to add some more new products to the existing product line like – digital cameras and MP4 players.

Help them to understand the basics for internal growth of business and discuss the advantages and disadvantages as well.

Ans. Internal growth is the highest measure of growth that is attainable by a business without having to look for external sources of finance. The rate of internal growth can be calculated by the company's retained earnings and then dividing them by the company's assets.

Internal growth strategy or expansion

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