Entrepreneurship and Food Plant Management — Winter 2022

Explain the term ‘Contribution margin’

Define the terms: i) Approval ii) Micro enterprise iii) Cottage industries iv) Medium enterprise

Write a note on JIT? How it help in reducing the unit cost of the product?

Why business required working capital?

Comments on VED Analysis.

Define Entrepreneurship. Describe the essential qualities of smart entrepreneur.

Discuss the challenges and constraints for food processing industry in India.

What is ABC Analysis? Discuss its applications.

Discuss the different types of production systems.

Explain the components of operation management.

Explain briefly the term ‘Economic order quantity’

Draw a diagrammatic representation of conceptual model of production system.

Write short notes on:

Production planning ii) Objectives of Operation Management

Differentiate between direct and indirect cost.

What is creativity? State the various barriers and facilitators of creativity.

What is planned maintenance? Briefly explain the different types of planned maintenance.

Explain the term ‘Current assets’

Write a detailed note on ‘Strength of Indian Agriculture’

Explain the Straight Line Method of calculating depreciation with its advantages and limitations.

Write a short note on ‘soft skills for entrepreneurs’

What are the objectives and need of replacement?

Define ‘Break Even Analysis’ and explain the components of Break Even Analysis.

What is the need for maintenance of machines or equipment in the industry?

Write a short note on ‘Written Down Value Method of calculating depreciation’

Explain the factors affecting working capital needs of a business.