Business Studies Class 11  Worksheet/Case Studies/Practice Questions on Small Business/ MSME and Entrepreneurship 

1. What is the parameter used by the government to identify manufacturing enterprises?
2. Describe the role of MSME in rural areas.
3. Name the institutions set up by government for growth of small scale units in India.
4. When was NSIC set up? State its functions.
5. Explain the role of DICs.
6. Define the terms: Entrepreneurship, Entrepreneur and Enterprise.
7. List the features of entrepreneurship.
8. Amit decided to enter into a start up business. Explain any five ways he can use to finance his start up.
9. Abhijeet is running a small catering business in Delhi where food is prepared purely as per customised specifications. He caters to parties with 10 people onwards and offers a wide range of cuisine to choose from like Indian, Continental, Thai to name a few. He endeavours to maintain a personal touch and good personal relations with both customers and employees. As the size of the organisation is small, timely decision can be taken without consulting many people. In the context of the above case, identify any two points highlighting the role of small business. Mention any four other importance of small business in India.