Section I
Concepts:
1) Pure entrepreneur
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2) Outsourcing
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In its purest sense, invention can be defined as the creation of a product or introduction of a process for the first time. Innovation on the other hand, occurs if someone improves on or makes a significant contribution to an existing product, process or service.
Consider the microprocessor. Someone invented the microprocessor. But by itself, the microprocessor was nothing more than another piece on the circuit board. It’s what was done with that piece — the hundreds of thousands of products, processes and services that evolved from the invention of the microprocessor — that required innovation.
5) Seed capital
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Section II
Q. 3) Define Women Entrepreneur. Enumerate strategies for development of women entrepreneurs.
Answer:
Associations promoting women entrepreneurship
Q. 4) Explain in detail the sources and methods of generating ideas for a startup enterprise.
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Q. 5) State the various problems faced by SMEs and suggest measures for its development.
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Q. 6) Write short notes on (Any 2):
a) Need for Achievement
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b) Objectives of EDP
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c) Social Entrepreneurship
Answer:
The differences between “entrepreneurship” and “social entrepreneurship”
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