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DRIVE-Spring 2015
Program-BBA
Semester-4
Subject code &
name-BBA404- SMALL BUSINESS MANAGEMENT
Credit-2
Book ID-B1715
Max. Marks-30
Q1. Write short notes on the
following:
a) Various forms of organisation
b) Competitive strategies
(a) Various forms of
organisation, b) Competitive strategies)5,5
Answer.
a) Various forms of organisation
Small
business may operate under any one of several forms of organisation. These are:
1) Sole proprietorship Here the
owner and manager is the same person, who will have the responsibility of
taking care of each and every aspect of the business. This is a common business
structure. With this structure, operation is
Q2. What is meant by working
capital? Explain the various sources of working capital.
(Meaning of working capital,
Explanation of various sources of working capital)2,8
Answer.
Working capital
Working
capital (abbreviated WC) is a financial metric which represents operating
liquidity available to a business, organization or other entity, including
governmental entity. Along with fixed assets such as plant and equipment,
Q3. Describe the following:
(a) Capacity management
(b) Managerial activities
((a) Description of Capacity
management, (b) Description of Managerial activities)5,5
Answer.
(a) Capacity management
Capacity
refers to the output the plant can produce in a time period. Building capacity
in excess of demand requirement will result in blocking up of funds in idle
capacity. Too short a capacity will force the business to forego orders
resulting in customer dissatisfaction. Consequently, it will sap the morale of
the marketing staff. It is
Get fully solved assignment. Buy online from website
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plz drop a mail with your sub code
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