218124, 8:14 PM Assessment subj x Entrepreneurship Essentials -- Unt § - Week 2 (https://swayam.gov.in) @ {(htipsftswayam.gov.ivine_detailsNPTEL) mahlaharshit01 @gmail.com ¥ NPTEL (https://swayam.gov.in/explorer?ncCode=NPTEL) » Entrepreneurship Essentials (course) Ifalready registered, click to check your payment status Course outline About NPTEL () How does an NPTEL online work? () Week 0() Week 1: () Week 2: () Lecture 06 Myths and Realities around Entrepreneurs hip (unit? unit 198lesso 0) Thank you for taking the Week 02:,Assignment 02. Week 02: Assignment 02 Your last recorded submission was on 2024-02-06, 02:20 Due date: 2024-02-07, 23:59 IST. Ist 41) Which of the following cannot be concluded from the story of Dhirubhal Ambani? 1 point (Need to remember the last week's lectures) Oa Entrepreneurs identify opportunities in adversities ©b. Entrepreneurs start it big to be successful Occ. Entrepreneurs are knowledge seekers Od. Entrepreneurs have a compelling vision and a comprehensive plan to execute it. 2) Which of the following represents the five forces of competition as espoused by 1 point Porter? Oa. Core competency, Competitive rivalry, government policy threat of new entrant, threat of substitution Ob, Competitive rivalry, government policy, buyer power, threat of substitution, threat of new entry Occ. Competitive rivalry, supplier power, buyer power, threat of substitution, International ‘competition © a. compettive vary, supplier power, buyer power, threat of substtuton, threat of new entrant 3), Which of the following helps gain the LEAST amount of competitive advantage? 1 point © aa Innovative technology and protecting intellectual property rights (PR) Ob. Efficient cost management to ensure price advantage Oc. Bulaing rusted brands with increasing loyal followers © 4, To achieve frst-mover advantage through great execution hitpsiioninecourses nptel ac.ininoc24_getSlunit?unit=298assessment=172 18218124, 8:14 PM Aseessmigit ebnritted x Failure of Startups (unit? Unit=298lesso n=31) Lecture 08 Why Startups Fail (Contd,) (unit? Lecture 09 Forms of Legal Entities (unit? Unit=29&lesso 3) Lecture 10 Factors Driving Competitive Advantages (unit? Unit=298Iesso 4) Lecture Material (unit? nit=298lesso 5) © Quiz: Week 02: Assignment 2 (assossmont? name=172) Feedback Form (unit? Unit=298lesso 7) Week 3: () Entrepreneurship Essentials -- Unt § - Week 2 4) Identify the correct statement from the following. What is meant by limited liability in 1 point the context of a limited liability form of legal entity? © a) The lability of the company is ited to ts resources Ob) The fabilty of any owner is limited to his/her share of the business at any point in ime Occ) The liability of any owner is proportional to his/her shareholding in the company Od) The liability of a company is limited to the market value of its assets 5) In partnership form of business, the written agreement duly stamped and registered 1 point is known as Oa. Partnership MOU Ob. Memorandum of partnership @c. Partnership deed Od. Partnership agreement 6) Which form of business has a limited life? 1 point Oa) Limited iabitty partnership Ob) Propristorship © c) Privat limited company ©.4) Pubic timited company 7) Choose the most appropriate statement among the following: Investors prefer which 1 point form of the legal structure of an enterprise and why. Oa) Proprietorship because it gives absolute liberty to the proprietor for execution and the personal assets of the proprietor can be attached in case of default. Ob) Partnership because it has all attributes of proprietorships and more than one founders @ c) Private limited company because the personal assets of shareholders cannat be attaches to meet company obligations andi can induct new investors as shareholders O.4) Public limited since it can list its shares to stock exchanges. 8) When should a startup register a limited liability company? 1 point Oa.atthe idea stage Ob. When the prototype is ready and customer validation is in the process © c, When the business demands such as approaching investors or incubators Od. When applying for patent or trademark or GST registration whichever is earlier. 9), What was the main reason for failure of Iridium? Choose the best answer. 1 point Oa. Overpricing Ob. Excessive capital cost Oc. The technology was ahead of time © 4. Lack of product-market ft 10) Which of the following can create the least of Entry Barriers ? 1 point hitpsiioninecourses npte ac.ininoc24_getSlunit7urit=298assessment=172, 28.218124, 8:14 PM Entrepreneurship Essentials -- Unt § - Week 2 Assessment submitted Oa Brand loyalty x ©. Businoss process management a the shop oor Oc. Ownership of intellectual property Od. Logistic advantage ‘You may submit any number of times before the due date, The final submission will be considered for gracing hitpsiioninecourses npte ac.ininoc24_getSlunit7urit=298assessment=172, 33