Tourism Entrepreneurship Exam

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ALAGAPPA UNIVERSITY (A Stale Univerty Estabished by the Government of Tat Nacu 1965, ‘Accroded with As Grade by NAAG (CGPA 364) nthe Thea Cycle, Crna Gata Uo ang Genta Aonany y AR UC, "Rank KARAIKUDI- 690 009, Tamil Nadu, india ANNEXURE - | Distance Education Online Examinations December 2021 Name of the Learning Centre Centre Code Candidate Name Register Number Programme Name Programme Code Subject Code Subject Title Question Paper Code Exam Date & Session Total No. of Pages (in words) GATEWAY TRuST CENTER 20 3b M4 AFRIN FATHIMA 1934 10008 MBa [5 YEARS InteqrateD] 3y \OKSy TOURISM BNTEPRENEUeSHID D- 1299 * ©5-03-2022 TWENTY four We aft of the Candidate NAME: M. AFRIN FATHIMA PAGENO: | ENROLL NUMBER : 193470008 sign: M De a PART- A Venture Caeation Entvepreneurship baing economic oe and development through the paocess of vetune cneation These new bwiness enterprises have a very important and positive impact on em ployment evau . yovert pies aa I J allbviation ana Sode -— Economic developm ent Entrepreneurship Entrepreneurship \S an act of being an entrepreneur or the owner of Business enterprise who »by risk Anda initiative oktemps bt make paofits. NAME: M. AFRIN FATHIMA PAGENO: ENROLL NUMBRR : 193470008 SIGN: (afkecg tte NAME : M. AFRIN FATIMA. PAGENO: 2 SIGN: 4 Ce a ENROLL NUMBER : 193470008 Project Investment An Tnvestment pojek we a detailed proposal ef an executive Vepenaikure of \iquid Resourcer , With the Objective of taking ackionms Rak will lead future profit 4. Tourism Tourism means people traveling Soy fun and adventure . re includes Such as Sightseeing and Comping , ackhvities People Who travel for fun Gave | | i called Tonist . places Where many bounis & stay ane Sometimes called Resovs NAME: M. AFRIN FATHIMA. PAGENO: 2 SIGN: 4 a ENROLL NUMBER : 193470008 NAME: M. AFRIN FATHIMA ENROLL NUMBER : 193470008 PAGENO: 3 sicn: Abt Competition Compet tion \N business is the Contest oy vivalyy among the Companies Selling Similan products and lon targeting the Same tonget audience to get move Sales , increase Volume Revenue and gain nove marker Share ox Com pane d to other Business § bracteqy A Business Strakequ is a set Of Competitive moves and ackons that GQ business user to aktract Custmorer , Complete Auccemully > Skrengthening perfomance pand achieve organisational coe Te outlines how \puiness Should be canied out to yeach the Aewed ends PAGENO: 23 NAME: M. AFRIN FATHIMA SIGN: 4 Abentctm ENROLL NUMBER : 193470008 PAGENO: 4 NAME: M. AFRIN FATHIMA sIGN: M Affton ENROLL NUMBER : 193470008 Customer A Customey is an indindual or business hot purchaner anothey Company s apo ov Sewices. Customers ane Import ant becaure they drive Nevenuesr 5 Without them businesses Cannek continue te exist 2 Business Tdea A Business Thea is a Concept that can be wed for financial Aron that is Leually centered on (ee product orA Sewice that can be ofgeved for money . An Tadeo \s the Fisk milestone in the process of | a Succes ul burines PAGENO: y SIGN: 4 Oe ae NAME: M. AFRIN FATHIMA ENROLL NUMBER : 193470008 NAME: M. APRIN FATHIMA PAGENO: 5 ENROLL NUMBER : 193470008 siGn: Alito Tndwstial sickness Trdustral Sickness is defined a\l every the over the World as “an jndustvial Com pany which ha» jak | the end of or Financial yen, accumulated lossess equal t ov exceeding iB entire nek Worth and ho» also Sufjeved Cash losses \n Such Financ al Weer and the finalial year immediately Preceding Suck financial ean Business Plan A Burwess plan 6 a Watten document thar desuribes in detail Rosner wrually Arork up - dlefines ib obyectwes and low \t is to Be about achieving iG Goals NAME: M. AFRIN FATHIMA PAGENO: 5 ENROLL NUMBER : 193470008 SIGN: 4 Ce ala NAME: M. AFRIN FATHIMA pacENo: © ENROLL NUMBER : 193470008 siGn: Ci aaa | PART- B a) Functions Decision Making The prmavy cask ef an entreprenew is to olecide the policy of production An entrepreneur vw be determine What to produce, How te produce ond How much produce , how t Sell and so forth . . Management Gonkvoll Management and Conbvol of the business ane Conducted by the entre pr chew himself | a | * Division of Jrwome Te is & make Nnecceem any NAME: M. AFRIN FATHIMA PAGENO: 6 ENROLL NUMBER : 193470008 SIGN: 4 (Rifas NAME : M. AFRIN FATHIMA. PAGENO: + ENROLL NUMBER : 193470008 siGn: M4 Anteaters annangement Poy the chivision of total j\ncome among the Oifseveot Factors of Production employed by him - Risk Taking and Uncev taioly - Bearing Modern production is very visky a» An enkepnenein as yequned to Produce good ev Sewices in anticipation of then future demand + Tanovation Another Astin guishing function of the Eenkveprenenr, as emphasised ly Schumpeter. 1s to make frequent Inventions , invention ef new products And new diswvering new markets - & \m prove. his Compekitive position NAME: M. AFRIN FATHIMA PAGENO: 3 ENROLL NUMBER : 193470008 SIGN: 4 eae NAME : M. AFRIN FATIMA. PAGENO: 8 ENROLL NUMBER : 193470008 SIGN: (4 Abeer 2 | Needs of Business Plan * To prove that you've seviow about | you business + To establish Business milestones + To \bektev understand your Compe tition T> better understand your Customev To @nunciate previously ung tated Assam p ons To assess the Fearrloi\ity Ce aaa Venkune To dloument Yow -vevenue model To ektewnine your Sinanial needs To aktyvackk invests To aktvack Partners NAME: M. AFRIN FATHIMA PAGENO: & ENROLL NUMBER : 193470008 SIGN: Cae NAME: M. AFRIN FATHIMA PAGENO: © ENROLL NUMBER : 193470008 sicn: M Ce aa Te fovce you. & vesearch and veally know your manket ° Te attract emplo yeer and a nan agement team - To plot your course omd fours on gor efor * To position Yous Brand * To Tudge the Auccer Q\ yous business * To Repost on Yous business oleal with Changing condi Hors - To doument qos market plan «To understand and forecast - your Con paniys Sto hing heed, NAME: M. AFRIN FATHIMA PAGENO: 4 ENROLL NUMBER : 193470008 SIGN: 4 Attn Cc NAME : M. AFRIN FATHIMA PAGENO: 1° ENROLL NUMBER : 193470008 SIGN: M4 Ahnteton 13.) Factors for Skavling slew business Knouiledae oy Expertise ° Manket on \Oomand ° Star € up Cosk, | ° A Business Idea | * Capital and France * Compe tion ° location - Staff ° Techorlogy Thene ane Seveval fackors te | chat a Bwiness - The above mentioned Are Some factors te be Conridertel tox Bion pow Busines - NAME: M. AFRIN FATHIMA PAGENO: lo ENROLL NUMBER : 193470008 SIGN: 4 nok sa NAME: M. AFRIN FATHIMA paceNo: '" ENROLL NUMBER : 193470008 siGn: 4 Att “Ampovt ane of Customers A Gurtomey is the most important Person (n any louniness * A Curtomer isa Stakeholder of Our Burinen . They Ore ones that eS money that keeps org amization ove * Thely needs are the baric work es clerigqn production , marketing Soles and Support Aepavtment in tee Ovagamisoxton AC Gorton oma Go posiroo'm Ehe market - Carbomers Spioiem from Yous brand NAME: M. AFRIN FATHIMA PAGENO: 1) ENROLL NUMBER : 193470008 SIGN: 4 Piper ee NAME: M. AFRIN FATHIMA PAGENO: = 2 ENROLL NUMBER : 193470008 sic: Ca aad * They ce providing iwtant and Conti yuo feedback (products ) Sal your quality » Sewice and Support * Theiy needs ae daiving your future Aevelo pment and implementahon Af tecdinologi@s in Your products and Services + litHiouk «hen Aupport ypu OrganizoXien Collapses * Customer Chane, ‘Value’ trough thein ‘peviephon / of Nalue . The Value They Perceive of ten rows okts (nto @ dowe we Voy, NAME: M. AFRIN FATHIMA PAGE NO: \o ENROLL NUMBER : 193470008 SIGN: { De NAME: M. AFRIN FATHIMA pacENo: | ENROLL NUMBER : 193470008 SIGN: (Rife ie Industral Sickness Indus mal Sickness ,is the State of Tndusbnal weakness ov \Wness ie the om pone fol te eonn A yeasonable profit 1k is Combinuous procors Mes proportion in the | Aewk - equtky patio oma Lalsificetion of the Financial Atakus ef the Trandusmal ait ‘Rearo > ° diktle t no movement of inventory + Dewease in Company's Sales * Wecline in Capacity obBlizotion > Shortoge CF Carb to meek the day NAME: M. AFRIN FATHIMA PAGENO: ]3 ENROLL NUMBER : 193470008 SIGN: 4 Ce aa NAME: M. AFRIN FATHIMA. PAGE NO: '4 ENROLL NUMBER : 193470008 sIGN: M Abettens te day obliqatrons 4°73 ° Fnequent propos als ® extend the Credit Limit ° Sleten bvating financial Ratro e Continues fall in the price el Shores 2° Won Pagmens oY delay \n Payment 0 Cela in audit ef accoun’ ie Disparties Cane vaniours levels ol ea eC © Wecline technological \nnovehors 0 Trveqel onl tn the mamtonce books of accounks . Over depen den e cy extemal funds Continusus fosser NAME: M. AFRIN FATHIMA PAGENO: 14 ENROLL NUMBER : 193470008 SIGN: 4 Ce cae NAME : M. AFRIN FATHIMA PAGENO: 1S ENROLL NUMBRR : 193470008 SIGN: 4 Abt lo WwW Tndia Prime Minster Roygar Yogane and EDP'S were introduced to develop entve preneunial qualities amoung wuval women ° Women in aquculture Scheme was intwcluced to train women farmers having Smalt and maraqinal holding aN age asteune and allied ackvities Schemes \jke integrated Rural Aevelopment poaran s 1 Training NAME : M. AFRIN FATHIMA PAGENO: 1S ENROLL NUMBER : 193470008 SIGN: 4 oe NAME: M, AFRIN FATHIMA PAGENO; Ye ENROLL NUMBER : 193470008 SIGN: 4 a ana Of Rural Youth for Self employement ete were Stanted © alleviated poverty 30/ -hot vesevvation \s provided to women under these Schemes Trade Related Entvepreneurship Pssistance and development Scheme was launched by the Ministry of Small Industmes to develop women ent vepreneuys in rural and Cemi-urban anear by developing entre preneunal qual kies \Nomen Component Plant, a Special Stvoteay Wor adopted by gevenment & provide assistance to women enkve preneurs NAME : M. AFRIN FATHIMA. PAGENO: 16 ENROLL NUMBER : 193470008 SIGN: 4 a acc NAME: M. AFRIN FATHIMA PAGENO; (+ ENROLL NUMBER : 193470008 SIGN: eae * Swayne Jayanthi Gram Swarezsan and Swavan Jayanthi Sekhayi Roxgan Yojana were intvoduced by the government ‘to provide vesevvation for women and Encovaing them & to Skant chein ventures Women Dev elepm ent Corpovations were intyvo duced ey government to help women entrepreneurs la arranging Credit and tener Saci\ikies State Indusbial and Development Bank of India has iabeduced Cchemes © assist the women entrepreneurs These Schemes ane Manila Vdhnyam Nidhi, Mico Credit NAME: M. AFRIN FATHIMA PAGENO: \+ ENROLL NUMBER : 193470008. SIGN: 4 Oana Tn TT NAME : M. AFRIN FATHIMA PAGENO: 18 ENROLL NUMBER : 193470008 sign: M Ce aaa Scheme for Womens Mahila Vikas Nidhi, Women Entvepreneunal development Programmes and mavkebing development fund for women 0 Training Schemes for the Self - employment of women such a» Support for Training and Employment Bron uamme of women , Development of women and childven i vural axeas ,Small industry Sewices Tnstituce, , State Financial Corporations Small Industies Cor por abions Nationa and Distack Industral Centre ane wwevoduced = by gover ment - NAME: M. AFRIN FATHIMA PAGENO: 8 ENROLL NUMBER : 193470008 SIGN: Cac NAME: M. AFRIN FATHIMA PAGENO: (4 ENROLL NUMBER : 193470008 SIGN: h{ Antler 4 Criteria for Selecting a project Expected Revenue Delivering new products and Sewices generally Come With oa vyevenue expect ation ° Market Share Growth Tra a Competitive markek 5 Avabling a bib more of the market shave is always ead f be an Arpivation fo. Senior \eadevs © ‘Improvement t» Brand Aworness Arapaoving \vand] vecogntion is also meme that cn be wed ak project Selection NAME: M. AFRIN FATHIMA PAGENO: (* ENROLL NUMBER : 193470008 SIGN: Dlerfect lane NAME. M. AFRIN FATIIMA PAGENO; 2° ENROLL NUMBER : 193470008 SIGN: 4 a aa Risk Assessment Some project ane aniskier thon others ~ and this needs te be taken into Account duving praect Selection Resources Requived All proye ch Require yesounces , Whether that is people ow Cah Every project proposal Should include clean Skotement, abouk Where and What ARounces Come from Am provement to key business memo The Business case for a project thet influences these key buwriness metacs Should indude Yow much (Mp Aovement you Should See ona aesult Of the deliver able NAME: M. AFRIN FATHIMA. PAGENO: 20 ENROLL NUMBER : 193470008 SIGN: 4 Oa 2 NAME: M. AFRIN FATHIMA PAGE NO: ENROLL NUMBER : 193470008 SIGN: Re tite * Reduction in Cycle Times is how long it Cycle time clo Something fakes Some time to + Improvement to Customer Satisfaction All bu»iness have cuntemers ,and even those department that oor internal jwotoemers can chil MeO WNES Cakisf ication measune Cubmey * Cost Reduction Project Cnkena enables it te be Comparect ox Saint Other Cost Saving inthatives Resources Required Pay ects that work on the business Ski need to be comaom of verounce> Dequined te deliver the work NAME: M. AFRIN FATHIMA PAGENO: 2\ ENROLL NUMBER : 193470008 SIGN: 4 Os rca Gistrinnaiiaadtereinnnaii fntitsmnanntinviieiiniadd tenia: ez NAME. M. AFRIN FATHIMA. PacENO: ? ENROLL NUMBER : 193470008, SIGN: M Aa a : Opereting Cycle of slant Capital The Cash opevating cycle Caste known a» the working capital cycle OA Cash Conversion cycle ) 1S the humber — of days between paying Suppliers and receiving Cash from Sales Cash ea Cade = Inventory Jays + Receivable Bars - Payable lays Tn the manugactiuning Sectoy \nventoy days hor three Componenb + Raw matenals Bay \ork in proqess days finished goods dows NAME : M. AFRIN FATHIMA PAGENO; 2? ENROLL NUMBER : 193470008 SIGN: (4 Bs ee ce cf NAME: M. AFRIN FATIHIMA PAGE NO : ENROLL NUMBER : 193470008 SIGN: M Gia aaa 2% The longer the operating cycle lhe greater the level of Resources ‘bed wp! io Woy king Capital Although \k ws dexyable to have as Short a Cycle Oo possivle there may be external factors \Vshich ve,tick Mana Qe ment s abili by to achieve this * Natune of Business A Supermarket Chain may have low weventory days slow newivables days and Significant —4rom credit payables days Trt» Core the Operating cycle could be negative ,On ahe other hand & Combuction ete Aue bo khe high \eveb 6f werk in prc NAME: M. AFRIN FATHIMA PAGENO: 22 ENROLL NUMBER : 193470008 SIGN: (ihe tiete ‘ee NAME: M. AFRIN FATHIMA PAGENO: 24 ENROLL NUMBER : 193470008 SIGN: 4 Abt . Tadurty Noms Ty key Competitors offer long Period of Credit te thers curomers ik m ay be difficult te reduce areceivable > clays without losing business Power of Suppliers An attempt to Aclay payments Could lead to the Supplier dem anding ‘Cash on delivery’ in fukune Cie oa payabies day, os ackually fall ts Zero rather than Rong NAME: M. AFRIN FATHIMA PAGENO: 24 ENROLL NUMBER : 193470008 SIGN: 4 Pe ted

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