Entrepreneurship And Small Business (B.Com) 5th Sem Previous Year Solved Question Paper 2022

1. Nature of Activity:
 - Entrepreneurship involves creating and managing a new business from the ground up.
 - Intrapreneurship involves innovating and initiating projects or activities within an existing company.

2. Ownership and Risk:
 - Entrepreneurs own and control their businesses, which often comes with a higher level of financial risk and potential rewards.
 - Intrapreneurs work for an existing company and do not have ownership stakes. They bear less financial risk.

3. Innovation Source:
 - Entrepreneurs are the primary source of innovation, creating entirely new products, services, or business models.
 - Intrapreneurs innovate within the context of the organization, often focusing on process improvements or new product lines.

4. Resource Availability:
 - Entrepreneurs need to secure their own funding and resources for their ventures.
 - Intrapreneurs typically have access to the company’s resources, including funding, facilities, and support.

5. Goals and Objectives:
 - The primary goal of entrepreneurship is to build a profitable, independent business with potential for growth and expansion.
 - Intrapreneurship aims to drive innovation, improve the company’s performance, and contribute to its success while remaining part of the larger corporate structure.